GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mexico Equity and Income Fund Inc (OTCPK:MXEIP.PFD) » Definitions » Receivables Turnover

Mexico Equity andome Fund (Mexico Equity andome Fund) Receivables Turnover : 0.00 (As of Jan. 2024)


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

What is Mexico Equity andome Fund 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. Mexico Equity andome Fund's Revenue for the six months ended in Jan. 2024 was $2.28 Mil. Mexico Equity andome Fund's average Accounts Receivable for the six months ended in Jan. 2024 was $0.00 Mil.


Mexico Equity andome Fund Receivables Turnover Historical Data

The historical data trend for Mexico Equity andome Fund'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.

Mexico Equity andome Fund Receivables Turnover Chart

Mexico Equity andome Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Receivables Turnover
Get a 7-Day Free Trial - - - - -

Mexico Equity andome Fund Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Mexico Equity andome Fund's Receivables Turnover

For the Asset Management subindustry, Mexico Equity andome Fund'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.


Mexico Equity andome Fund's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mexico Equity andome Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mexico Equity andome Fund's Receivables Turnover falls into.



Mexico Equity andome Fund Receivables Turnover Calculation

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

Mexico Equity andome Fund's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Receivables Turnover (A: Jul. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2023 ) / ((Accounts Receivable (A: Jul. 2022 ) + Accounts Receivable (A: Jul. 2023 )) / count )
=20.283 / ((0 + 0) / 1 )
=20.283 / 0
=N/A

Mexico Equity andome Fund's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Jul. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=2.28 / ((0 + 0) / 1 )
=2.28 / 0
=N/A

* 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.


Mexico Equity andome Fund  (OTCPK:MXEIP.PFD) 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.


Mexico Equity andome Fund Receivables Turnover Related Terms

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


Mexico Equity andome Fund (Mexico Equity andome Fund) Business Description

Traded in Other Exchanges
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.

Mexico Equity andome Fund (Mexico Equity andome Fund) Headlines

From GuruFocus

The Mexico Equity and Income Fund Announces Extension of Rights Offering

By Business Wire Business Wire 09-29-2021

The Mexico Equity and Income Fund Announces New Transfer Agent

By Business Wire Business Wire 02-01-2023