Crown Equities (PHS:CEI) Receivables Turnover : 0.53 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Crown Equities 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. Crown Equities's Revenue for the three months ended in Mar. 2024 was ₱29.9 Mil. Crown Equities's average Accounts Receivable for the three months ended in Mar. 2024 was ₱55.9 Mil. Hence, Crown Equities's Receivables Turnover for the three months ended in Mar. 2024 was 0.53.

Crown Equities Receivables Turnover Historical Data

The historical data trend for Crown Equities'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.

Crown Equities Receivables Turnover Chart

Crown Equities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

7.78

7.49

12.87

8.01

4.59

Crown Equities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.65	0.60	0.88	0.71	0.53

Competitive Comparison of Crown Equities's Receivables Turnover

For the Real Estate Services subindustry, Crown Equities'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.

Crown Equities's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crown Equities's Receivables Turnover distribution charts can be found below:

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

Crown Equities Receivables Turnover Calculation

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

Crown Equities's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	170.429	/ (	(39.428	+	34.812)	/	2 )
=	170.429	/	37.12
=	4.59

Crown Equities's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	29.912	/ (	(34.812	+	77.014)	/	2 )
=	29.912	/	55.913
=	0.53

Crown Equities (PHS:CEI) 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.

Crown Equities Receivables Turnover Related Terms

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

Crown Equities (PHS:CEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Crown Equities Inc (PHS:CEI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

158 N. Garcia corner Jupiter Street, 5th Floor, Crown Center, Bel-Air, Makati, PHL, 1209

Website

https://www.crownequitiesinc.com

Crown Equities Inc is a Philippines-based company engaged in the acquisition, development, and sale of real estate properties and healthcare business by operating ambulatory care clinic. The company's operating segment includes Real Estate; Healthcare Services and Investment Holdings. It generates maximum revenue from the Real Estate segment. The real estate segment involves the acquisition of land, planning, and development of residential communities such as condominium units parking slots, residential lots, and housing units. Its healthcare services segment is involved in delivering outpatient health care services through ambulatory care centers.