Sendas Distribuidora (Sendas Distribuidora) Receivables Turnover : 17.17 (As of Mar. 2024)

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What is Sendas Distribuidora 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. Sendas Distribuidora's Revenue for the three months ended in Mar. 2024 was $3,458 Mil. Sendas Distribuidora's average Accounts Receivable for the three months ended in Mar. 2024 was $201 Mil. Hence, Sendas Distribuidora's Receivables Turnover for the three months ended in Mar. 2024 was 17.17.

Sendas Distribuidora Receivables Turnover Historical Data

The historical data trend for Sendas Distribuidora'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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Sendas Distribuidora Receivables Turnover Chart

Sendas Distribuidora Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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88.34

90.40

180.19

133.66

76.82

Sendas Distribuidora Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															26.67	25.98	21.88	18.14	17.17

Competitive Comparison of Sendas Distribuidora's Receivables Turnover

For the Grocery Stores subindustry, Sendas Distribuidora'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.

Sendas Distribuidora's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sendas Distribuidora's Receivables Turnover distribution charts can be found below:

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

Sendas Distribuidora Receivables Turnover Calculation

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

Sendas Distribuidora'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 )
=	13572.595	/ (	(108.667	+	244.704)	/	2 )
=	13572.595	/	176.6855
=	76.82

Sendas Distribuidora's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	3458.372	/ (	(244.704	+	158.239)	/	2 )
=	3458.372	/	201.4715
=	17.17

Sendas Distribuidora (NYSE:ASAI) 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.

Sendas Distribuidora Receivables Turnover Related Terms

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Sendas Distribuidora (Sendas Distribuidora) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sendas Distribuidora SA (NYSE:ASAI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

ASAI:Mexico ASAI3:Brazil

Address

Avenida Ayrton Senna, No. 6,000, Lote 2, Pal 48959, Anexo A, Jacarepagua, Rio De Janeiro, RJ, BRA, 22775-005

Website

https://www.assai.com.br

Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers (such as grocery stores and neighborhood supermarkets), and individuals. Its stores are located throughout 23 Brazilian states.

Sendas Distribuidora (Sendas Distribuidora) Headlines

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