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Aluar Aluminio ArgentinoIC (BUE:ALUA) Receivables Turnover : 3.79 (As of Dec. 2023)


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What is Aluar Aluminio ArgentinoIC 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. Aluar Aluminio ArgentinoIC's Revenue for the three months ended in Dec. 2023 was ARS176,540 Mil. Aluar Aluminio ArgentinoIC's average Accounts Receivable for the three months ended in Dec. 2023 was ARS46,543 Mil. Hence, Aluar Aluminio ArgentinoIC's Receivables Turnover for the three months ended in Dec. 2023 was 3.79.


Aluar Aluminio ArgentinoIC Receivables Turnover Historical Data

The historical data trend for Aluar Aluminio ArgentinoIC'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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Aluar Aluminio ArgentinoIC Receivables Turnover Chart

Aluar Aluminio ArgentinoIC Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.29 21.67 26.46 15.85 11.59

Aluar Aluminio ArgentinoIC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.66 6.12 9.51 5.00 3.79

Competitive Comparison of Aluar Aluminio ArgentinoIC's Receivables Turnover

For the Aluminum subindustry, Aluar Aluminio ArgentinoIC'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.


Aluar Aluminio ArgentinoIC's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluar Aluminio ArgentinoIC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aluar Aluminio ArgentinoIC's Receivables Turnover falls into.



Aluar Aluminio ArgentinoIC Receivables Turnover Calculation

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

Aluar Aluminio ArgentinoIC's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=325816.455 / ((40782.296 + 15464.292) / 2 )
=325816.455 / 28123.294
=11.59

Aluar Aluminio ArgentinoIC's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=176539.863 / ((29821.929 + 63264.279) / 2 )
=176539.863 / 46543.104
=3.79

* 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.


Aluar Aluminio ArgentinoIC  (BUE:ALUA) 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.


Aluar Aluminio ArgentinoIC Receivables Turnover Related Terms

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Aluar Aluminio ArgentinoIC (BUE:ALUA) Business Description

Traded in Other Exchanges
N/A
Address
Marcelo Torcuato de Alvear 590, 3rd Floor, Buenos Aires, ARG, 1058
Aluar Aluminio Argentino SAIC is an Argentina based company engaged in manufacturing aluminum and aluminum products. It is used for aerospace, electrical component, construction, and transportation industries. The company offers rolling and alloy ingots, extrusion billets, rods, beams and zinc sows, among others. It also offers integrated solutions for engineering, manufacturing, construction, assembly and industrial services projects.

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