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Inversora Juramento (BUE:INVJ) Receivables Turnover : 1.75 (As of Dec. 2023)


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What is Inversora Juramento 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. Inversora Juramento's Revenue for the three months ended in Dec. 2023 was ARS32,448 Mil. Inversora Juramento's average Accounts Receivable for the three months ended in Dec. 2023 was ARS18,546 Mil. Hence, Inversora Juramento's Receivables Turnover for the three months ended in Dec. 2023 was 1.75.


Inversora Juramento Receivables Turnover Historical Data

The historical data trend for Inversora Juramento'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.

Inversora Juramento Receivables Turnover Chart

Inversora Juramento Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.23 17.35 15.77 10.08 6.44

Inversora Juramento 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 2.63 2.93 2.97 3.79 1.75

Competitive Comparison of Inversora Juramento's Receivables Turnover

For the Farm Products subindustry, Inversora Juramento'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.


Inversora Juramento's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inversora Juramento's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Inversora Juramento's Receivables Turnover falls into.



Inversora Juramento Receivables Turnover Calculation

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

Inversora Juramento's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=84271.766 / ((12321.003 + 13866.995) / 2 )
=84271.766 / 13093.999
=6.44

Inversora Juramento'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 )
=32448.296 / ((13866.995 + 23225.903) / 2 )
=32448.296 / 18546.449
=1.75

* 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.


Inversora Juramento  (BUE:INVJ) 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.


Inversora Juramento Receivables Turnover Related Terms

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Inversora Juramento (BUE:INVJ) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Tavella 2491, Joaquin Gonzalez, Salta, ARG, CP 4400
Inversora Juramento is engaged in cattle farming and meat production business in Salta, Argentina. The company also participates in the agricultural production mainly used to supply the consumption of own livestock.

Inversora Juramento (BUE:INVJ) Headlines

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