Ledesma (BUE:LEDE) Receivables Turnover : 2.72 (As of Feb. 2024)

View and export this data going back to . Start your Free Trial

What is Ledesma 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. Ledesma's Revenue for the three months ended in Feb. 2024 was ARS143,348 Mil. Ledesma's average Accounts Receivable for the three months ended in Feb. 2024 was ARS52,705 Mil. Hence, Ledesma's Receivables Turnover for the three months ended in Feb. 2024 was 2.72.

Ledesma Receivables Turnover Historical Data

The historical data trend for Ledesma'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.

Ledesma Receivables Turnover Chart

Ledesma Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Receivables Turnover

Get a 7-Day Free Trial

11.90

11.10

11.53

12.08

9.60

Ledesma Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															6.76	-	2.54	2.28	2.72

Competitive Comparison of Ledesma's Receivables Turnover

For the Conglomerates subindustry, Ledesma'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.

Ledesma's Receivables Turnover Distribution in the Conglomerates Industry

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

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

Ledesma Receivables Turnover Calculation

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

Ledesma's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

	Receivables Turnover (A: May. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: May. 2023 )	/ (	(Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )
=	177481.599	/ (	(19696.548	+	17269.316)	/	2 )
=	177481.599	/	18482.932
=	9.60

Ledesma's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	143348.096	/ (	(50792.161	+	54617.553)	/	2 )
=	143348.096	/	52704.857
=	2.72

Ledesma (BUE:LEDE) 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.

Ledesma Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Ledesma's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ledesma (BUE:LEDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ledesma SA (BUE:LEDE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Corrientes 415, 8th Floor, Capital Federal, Buenos Aires, ARG

Website

http://www.ledesma.com.ar

Ledesma SA is engaged in the production of sugar, paper, alcohol, bioethanol, energy, natural juices, meat, syrups, corn starches and cereals. The company also produces notebooks and other school supplies. The geographical scope of the Ledesma Group's operations is mainly in the Argentine Republic. It mainly carry out activities mainly of sugar sugar mill, alcohol distillery both hydrated intended for traditional uses and anhydrous, for bio-fuels, manufacturing of paper and stationery, production of fruits and juices and Agriculture and Livestock. It is one of the main players in the local markets for the production and marketing of sugar, alcohol, reams of paper, notebooks, coated papers and school supplies, and is the main exporter of oranges and grapefruits in the country.

Ledesma (BUE:LEDE) Headlines

No Headlines