MARA Holdings (MEX:MARA) Receivables Turnover : 81.33 (As of Dec. 2024)

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What is MARA Holdings Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. MARA Holdings's Revenue for the three months ended in Dec. 2024 was MXN4,471 Mil. MARA Holdings's average Accounts Receivable for the three months ended in Dec. 2024 was MXN55 Mil. Hence, MARA Holdings's Receivables Turnover for the three months ended in Dec. 2024 was 81.33.

MARA Holdings Receivables Turnover Historical Data

The historical data trend for MARA Holdings's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MARA Holdings Receivables Turnover Chart

MARA Holdings Annual Data

Trend

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Receivables Turnover

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MARA Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															-	19.74	11.03	13.01	81.33

Competitive Comparison of MARA Holdings's Receivables Turnover

For the Capital Markets subindustry, MARA Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MARA Holdings's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MARA Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MARA Holdings's Receivables Turnover falls into.

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MARA Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

MARA Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	13689.223	/ (	(0	+	0)	/	1 )
=	13689.223	/	0
=	N/A

MARA Holdings's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	4471.337	/ (	(54.975	+	0)	/	1 )
=	4471.337	/	54.975
=	81.33

MARA Holdings (MEX:MARA) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

MARA Holdings Receivables Turnover Related Terms

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MARA Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » MARA Holdings Inc (MEX:MARA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MARA:USA 1MARA:Italy M44:Germany MARA:Austria

Address

101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301

Website

http://www.mara.com

MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value. The company also offers technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for bitcoin miners. It is focused on computing for, acquiring, and holding digital assets as a long-term investment.