Unifin FinancieraB de CV SOFOM ENR (Unifin FinancieraB de CV SOFOM ENR) Receivables Turnover : 0.10 (As of Jun. 2022)

View and export this data going back to 2015. Start your Free Trial

What is Unifin FinancieraB de CV SOFOM ENR 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. Unifin FinancieraB de CV SOFOM ENR's Revenue for the three months ended in Jun. 2022 was $151.1 Mil. Unifin FinancieraB de CV SOFOM ENR's average Accounts Receivable for the three months ended in Jun. 2022 was $1,554.8 Mil. Hence, Unifin FinancieraB de CV SOFOM ENR's Receivables Turnover for the three months ended in Jun. 2022 was 0.10.

Unifin FinancieraB de CV SOFOM ENR Receivables Turnover Historical Data

The historical data trend for Unifin FinancieraB de CV SOFOM ENR'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.

Unifin FinancieraB de CV SOFOM ENR Receivables Turnover Chart

Unifin FinancieraB de CV SOFOM ENR Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

0.52

0.48

0.38

0.37

0.33

Unifin FinancieraB de CV SOFOM ENR Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22
Receivables Turnover	Get a 7-Day Free Trial															0.10	0.09	0.10	0.10	-

Competitive Comparison of Unifin FinancieraB de CV SOFOM ENR's Receivables Turnover

For the Credit Services subindustry, Unifin FinancieraB de CV SOFOM ENR'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.

Unifin FinancieraB de CV SOFOM ENR's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Unifin FinancieraB de CV SOFOM ENR's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Unifin FinancieraB de CV SOFOM ENR's Receivables Turnover falls into.

Unifin FinancieraB de CV SOFOM ENR Receivables Turnover Calculation

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

Unifin FinancieraB de CV SOFOM ENR's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	542.288	/ (	(1583.904	+	1682.588)	/	2 )
=	542.288	/	1633.246
=	0.33

Unifin FinancieraB de CV SOFOM ENR's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

	Receivables Turnover (Q: Jun. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2022 )	/ (	(Accounts Receivable (Q: Mar. 2022 )	+	Accounts Receivable (Q: Jun. 2022 ))	/	count )
=	151.065	/ (	(1558.238	+	1551.455)	/	2 )
=	151.065	/	1554.8465
=	0.10

Unifin FinancieraB de CV SOFOM ENR (GREY:UFFRF) 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.

Unifin FinancieraB de CV SOFOM ENR Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Unifin FinancieraB de CV SOFOM ENR's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Unifin FinancieraB de CV SOFOM ENR (Unifin FinancieraB de CV SOFOM ENR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Unifin Financiera SAB de CV SOFOM ENR (GREY:UFFRF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Presidente Masaryk Avenue, Colonia Polanco III Seccion, Mexico City, DF, MEX, 11550

Website

http://www.unifin.com.mx

Unifin Financiera SAB de CV SOFOM ENR is a Mexican company that is engaged in the financial industry. It provides various financial services. It is responsible for operating leases for construction and industrial equipment, machinery, various types of transportations vehicles, including cars, trucks, helicopters, airplanes and other vessels, and other capital assets. The company provides liquidity and financing solutions to its customers by purchasing or discounting their accounts receivable. Its segments are Leases; Factoring and Other loans.

Unifin FinancieraB de CV SOFOM ENR (Unifin FinancieraB de CV SOFOM ENR) Headlines

No Headlines