Inmobiliaria Colonial SOCIMI (WBO:COL) Receivables Turnover : 3.88 (As of Sep. 2023)

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What is Inmobiliaria Colonial SOCIMI 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. Inmobiliaria Colonial SOCIMI's Revenue for the three months ended in Sep. 2023 was €90.1 Mil. Inmobiliaria Colonial SOCIMI's average Accounts Receivable for the three months ended in Sep. 2023 was €23.2 Mil. Hence, Inmobiliaria Colonial SOCIMI's Receivables Turnover for the three months ended in Sep. 2023 was 3.88.

Inmobiliaria Colonial SOCIMI Receivables Turnover Historical Data

The historical data trend for Inmobiliaria Colonial SOCIMI'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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Inmobiliaria Colonial SOCIMI Receivables Turnover Chart

Inmobiliaria Colonial SOCIMI Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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20.85

20.32

24.90

47.85

31.27

Inmobiliaria Colonial SOCIMI Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															7.26	7.75	7.00	4.26	3.88

Competitive Comparison of Inmobiliaria Colonial SOCIMI's Receivables Turnover

For the REIT - Office subindustry, Inmobiliaria Colonial SOCIMI'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.

Inmobiliaria Colonial SOCIMI's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inmobiliaria Colonial SOCIMI's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Inmobiliaria Colonial SOCIMI's Receivables Turnover falls into.

Inmobiliaria Colonial SOCIMI Receivables Turnover Calculation

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

Inmobiliaria Colonial SOCIMI'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 )
=	361.613	/ (	(10.28	+	12.85)	/	2 )
=	361.613	/	11.565
=	31.27

Inmobiliaria Colonial SOCIMI's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	90.065	/ (	(23.233	+	0)	/	1 )
=	90.065	/	23.233
=	3.88

Inmobiliaria Colonial SOCIMI (WBO:COL) 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.

Inmobiliaria Colonial SOCIMI Receivables Turnover Related Terms

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Inmobiliaria Colonial SOCIMI (WBO:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inmobiliaria Colonial SOCIMI SA (WBO:COL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IMQCF:USA COL:Mexico COLe:UK 0RID:UK COL:Spain HSC2:Germany

Address

Paseo de la Castellana, 52, Madrid, ESP, 28046

Website

https://www.inmocolonial.com

Inmobiliaria Colonial SOCIMI SA is a real estate company in Spain. The company and its subsidiaries are in the business of lease and disposal of movable property and real estate. It specializes in leasing of offices in prime areas. The firm has rental business and land and development business segments. The activities of these segments include office rentals, shopping centers managed by Riofisa subgroup. The company mainly operates in Barcelona, Madrid, and Paris.