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Mex Polska (WAR:MEX) Receivables Turnover : 21.22 (As of Mar. 2024)


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What is Mex Polska 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. Mex Polska's Revenue for the three months ended in Mar. 2024 was zł22.45 Mil. Mex Polska's average Accounts Receivable for the three months ended in Mar. 2024 was zł1.06 Mil. Hence, Mex Polska's Receivables Turnover for the three months ended in Mar. 2024 was 21.22.


Mex Polska Receivables Turnover Historical Data

The historical data trend for Mex Polska'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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Mex Polska Receivables Turnover Chart

Mex Polska Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.72 33.97 51.58 83.55 95.66

Mex Polska Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.47 21.46 23.33 17.06 21.22

Competitive Comparison of Mex Polska's Receivables Turnover

For the Restaurants subindustry, Mex Polska'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.


Mex Polska's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Mex Polska's Receivables Turnover distribution charts can be found below:

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



Mex Polska Receivables Turnover Calculation

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

Mex Polska'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 )
=95.425 / ((0.821 + 1.174) / 2 )
=95.425 / 0.9975
=95.66

Mex Polska'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 )
=22.451 / ((1.174 + 0.942) / 2 )
=22.451 / 1.058
=21.22

* 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.


Mex Polska  (WAR:MEX) 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.


Mex Polska Receivables Turnover Related Terms

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Mex Polska (WAR:MEX) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Piotrkowska 60, Lodz, POL, 90-105
Mex Polska SA is engaged in managing food catering businesses, restaurants and nightclubs. The company's brands include The Mexican, Pumpkin Vodka and Beer and PanKejk.

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