Visa (MEX:V) Receivables Turnover : 3.92 (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Visa 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. Visa's Revenue for the three months ended in Sep. 2024 was MXN189,362 Mil. Visa's average Accounts Receivable for the three months ended in Sep. 2024 was MXN48,306 Mil. Hence, Visa's Receivables Turnover for the three months ended in Sep. 2024 was 3.92.

Visa Receivables Turnover Historical Data

The historical data trend for Visa'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.

* Premium members only.

Visa Receivables Turnover Chart

Visa Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Receivables Turnover

Get a 7-Day Free Trial

14.58

13.01

14.54

14.12

15.66

Visa Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															3.80	3.56	3.63	3.89	3.92

Competitive Comparison of Visa's Receivables Turnover

For the Credit Services subindustry, Visa'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.

Visa's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Visa's Receivables Turnover distribution charts can be found below:

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

Visa Receivables Turnover Calculation

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

Visa's Receivables Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Receivables Turnover (A: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2024 )	/ (	(Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )
=	707393.718	/ (	(39906.693	+	50426.858)	/	2 )
=	707393.718	/	45166.7755
=	15.66

Visa's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	189361.615	/ (	(46184.98	+	50426.858)	/	2 )
=	189361.615	/	48305.919
=	3.92

Visa (MEX:V) 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.

Visa Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Visa's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Visa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Visa Inc (MEX:V) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

V:USA VISA:Poland V:Peru 1V:Italy 3V64d:UK 3V64:Germany VISA:Canada VISA34:Brazil VISA:Austria V:Argentina

Address

P.O. Box 8999, San Francisco, CA, USA, 94128-8999

Website

https://www.usa.visa.com

Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.