EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) Receivables Turnover : 4.30 (As of Mar. 2024)

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What is EcoRodovias Infraestrutura E Logistica 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. EcoRodovias Infraestrutura E Logistica's Revenue for the three months ended in Mar. 2024 was R$2,127 Mil. EcoRodovias Infraestrutura E Logistica's average Accounts Receivable for the three months ended in Mar. 2024 was R$495 Mil. Hence, EcoRodovias Infraestrutura E Logistica's Receivables Turnover for the three months ended in Mar. 2024 was 4.30.

EcoRodovias Infraestrutura E Logistica Receivables Turnover Historical Data

The historical data trend for EcoRodovias Infraestrutura E Logistica'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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EcoRodovias Infraestrutura E Logistica Receivables Turnover Chart

EcoRodovias Infraestrutura E Logistica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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26.08

22.96

23.99

22.88

21.94

EcoRodovias Infraestrutura E Logistica Quarterly Data
	Jun19	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															4.53	5.04	5.87	5.66	4.30

Competitive Comparison of EcoRodovias Infraestrutura E Logistica's Receivables Turnover

For the Infrastructure Operations subindustry, EcoRodovias Infraestrutura E Logistica'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.

EcoRodovias Infraestrutura E Logistica's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, EcoRodovias Infraestrutura E Logistica's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where EcoRodovias Infraestrutura E Logistica's Receivables Turnover falls into.

EcoRodovias Infraestrutura E Logistica Receivables Turnover Calculation

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

EcoRodovias Infraestrutura E Logistica'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 )
=	8845.179	/ (	(325.537	+	480.695)	/	2 )
=	8845.179	/	403.116
=	21.94

EcoRodovias Infraestrutura E Logistica'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 )
=	2126.716	/ (	(480.695	+	509.517)	/	2 )
=	2126.716	/	495.106
=	4.30

EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) 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.

EcoRodovias Infraestrutura E Logistica Receivables Turnover Related Terms

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EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EcoRodovias Infraestrutura E Logistica SA (BSP:ECOR3) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Rua Gomes de Carvalho, 1510 3rd Floor, Vila Olimpia, Sao Paulo, SP, BRA, 04547-005

Website

http://www.ecorodovias.com.br

EcoRodovias Infraestrutura E Logistica SA is an infrastructure and logistics company. The company organises itself into three segments: concessions, holding and services, and ports. Concessions, which includes the company's Brazilian toll road operations, contributes the vast majority of revenue. Ports, the next largest segment, includes the company's port operations, in addition to handling and warehousing import and export cargos. The company is headquartered in Brazil, and generates all revenue domestically.

EcoRodovias Infraestrutura E Logistica (BSP:ECOR3) Headlines

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