Tv AztecaB de CV (XMAD:XTZA) Receivables Turnover : 1.64 (As of Dec. 2022)

View and export this data going back to 2004. Start your Free Trial

What is Tv AztecaB de CV 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. Tv AztecaB de CV's Revenue for the three months ended in Dec. 2022 was €251.9 Mil. Tv AztecaB de CV's average Accounts Receivable for the three months ended in Dec. 2022 was €153.7 Mil. Hence, Tv AztecaB de CV's Receivables Turnover for the three months ended in Dec. 2022 was 1.64.

Tv AztecaB de CV Receivables Turnover Historical Data

The historical data trend for Tv AztecaB de CV'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.

Tv AztecaB de CV Receivables Turnover Chart

Tv AztecaB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

Get a 7-Day Free Trial

5.02

5.19

3.80

5.26

5.74

Tv AztecaB de CV Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Receivables Turnover	Get a 7-Day Free Trial															1.58	1.08	1.16	1.12	1.64

Competitive Comparison of Tv AztecaB de CV's Receivables Turnover

For the Broadcasting subindustry, Tv AztecaB de CV'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.

Tv AztecaB de CV's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tv AztecaB de CV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tv AztecaB de CV's Receivables Turnover falls into.

Tv AztecaB de CV Receivables Turnover Calculation

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

Tv AztecaB de CV'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 )
=	731.08	/ (	(103.325	+	151.626)	/	2 )
=	731.08	/	127.4755
=	5.74

Tv AztecaB de CV's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	251.91	/ (	(155.821	+	151.626)	/	2 )
=	251.91	/	153.7235
=	1.64

Tv AztecaB de CV (XMAD:XTZA) 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.

Tv AztecaB de CV Receivables Turnover Related Terms

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

Tv AztecaB de CV (XMAD:XTZA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Tv Azteca SAB de CV (XMAD:XTZA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Periferico sur 4121, Col Fuentes del Pedregal, MEX

Website

http://www.irtvazteca.com

Tv Azteca SAB de CV is primarily involved in the production of Spanish-language television programming. It operates four television channels in Mexico: Azteca uno, which is oriented to women, Azteca 7 which focuses on contemporary families, adn40 which focuses on a first 24-hour informative television channel, and a + which is for a network of local signals. The company also owns two soccer teams of the first division of the Mexican Football Federation and operates Azteca Internet. It also produces a variety of content, including series, reality shows, news, broadcasts, sports broadcasts, music programs, contest shows, talk shows and variety shows. It derives most of its revenues from the sale of the television programming and has operations spread across Mexico.

Tv AztecaB de CV (XMAD:XTZA) Headlines

No Headlines