Transimex (STC:TMS) Receivables Turnover

: 2.32 (As of Dec. 2023)

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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. Transimex's Revenue for the three months ended in Dec. 2023 was ₫738,278 Mil. Transimex's average Accounts Receivable for the three months ended in Dec. 2023 was ₫318,124 Mil. Hence, Transimex's Receivables Turnover for the three months ended in Dec. 2023 was 2.32.

Transimex Receivables Turnover Historical Data

The historical data trend for Transimex'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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Transimex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

8.72

10.84

11.45

7.15

7.31

Transimex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover																2.25	1.53	1.80	2.56	2.32

Competitive Comparison

For the Integrated Freight & Logistics subindustry, Transimex'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.

Transimex Receivables Turnover Distribution

For the Transportation industry and Industrials sector, Transimex's Receivables Turnover distribution charts can be found below:

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

Transimex Receivables Turnover Calculation

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

Transimex'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 )
=	2389818.301	/ (	(277995.369	+	375893.278)	/	2 )
=	2389818.301	/	326944.3235
=	7.31

Transimex'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 )
=	738277.548	/ (	(260354.109	+	375893.278)	/	2 )
=	738277.548	/	318123.6935
=	2.32

Transimex (STC:TMS) 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.

Transimex Receivables Turnover Related Terms

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Transimex (STC:TMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transimex Corp (STC:TMS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

172 Hai Ba Trung Street, Floor 9-10th, TMS Building, Dakao Ward, District 1, Ho Chi Minh City, VNM

Website

http://www.transimexsaigon.com

Transimex Corporation provides logistics services in Vietnam. Principally, it is engaged in providing services of forwarding and transporting goods for import and export as well as for public interests by sea, air, and road. The company's segment includes Logistics and Real estate leasing and management. In addition, it offers services such as logistics services, container and inland waterway transportation services, warehousing services, international and domestic container liner agency services, container trucking services and other services.

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