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Cineplex (TSX:CGX) Receivables Turnover : 3.39 (As of Mar. 2025)


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What is Cineplex 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. Cineplex's Revenue for the three months ended in Mar. 2025 was C$264 Mil. Cineplex's average Accounts Receivable for the three months ended in Mar. 2025 was C$78 Mil. Hence, Cineplex's Receivables Turnover for the three months ended in Mar. 2025 was 3.39.


Cineplex Receivables Turnover Historical Data

The historical data trend for Cineplex'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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Cineplex Receivables Turnover Chart

Cineplex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 15.92 16.04 16.41 14.74

Cineplex Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.07 4.73 6.70 4.66 3.39

Competitive Comparison of Cineplex's Receivables Turnover

For the Entertainment subindustry, Cineplex'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.


Cineplex's Receivables Turnover Distribution in the Media - Diversified Industry

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

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


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Cineplex Receivables Turnover Calculation

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

Cineplex's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=1330.438 / ((85.073 + 95.444) / 2 )
=1330.438 / 90.2585
=14.74

Cineplex's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=264.283 / ((95.444 + 60.414) / 2 )
=264.283 / 77.929
=3.39

* 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.


Cineplex  (TSX:CGX) 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.


Cineplex Receivables Turnover Related Terms

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Cineplex Business Description

Traded in Other Exchanges
Address
1303 Yonge Street, 2nd Floor, Toronto, ON, CAN, M4T 2Y9
Cineplex Inc is a diversified media company that operates chains of movie theaters. The company has three reporting segments: film entertainment and content, media and amusement and leisure. The film entertainment and content segment include Theatre Exhibition, Theatre Food Services, Alternative Programming & Distribution and Digital Commerce. Media segment includes Cinema and Digital Place-Based Media. Amusement and leisure segment includes Location Based Entertainment. Key revenue is generated from Film Entertainment and Content.
Executives
Sarabjit Marwah Director
Daniel F. Mcgrath Senior Officer
Gordon Nelson Senior Officer
Kevin David Watts Senior Officer
Sara Louise Moore Senior Officer
Ellis Jacob Director, Senior Officer
Fabrizio Stanghieri Senior Officer
Robert Matthew Cousins Senior Officer
Scott Hughes Senior Officer
Sean Patrick Mckenna Senior Officer
Ratan Thomas Nathan Santram Senior Officer
Kimberley Joanne West Senior Officer
Janice Rose Fukakusa Director
Phyllis Yaffe Director
George Sautter Senior Officer

Cineplex Headlines

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