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. CyrusOne's Revenue for the
three
months ended in Dec. 2021 was $318 Mil. CyrusOne's average Accounts Receivable for the
three
months ended in Dec. 2021 was $415 Mil.
Hence, CyrusOne's Receivables Turnover for the
three
months ended in Dec. 2021 was 0.77.
CyrusOne Receivables Turnover Historical Data
The historical data trend for CyrusOne'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.
Competitive Comparison of CyrusOne's Receivables Turnover
For the REIT - Specialty subindustry, CyrusOne'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.
CyrusOne's Receivables Turnover Distribution in the REITs Industry
For the REITs industry and Real Estate sector, CyrusOne's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CyrusOne's Receivables Turnover falls into.
CyrusOne Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
CyrusOne's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
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.
CyrusOne Receivables Turnover Related Terms
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CyrusOne owns or operates 53 data centers, primarily in the U.S., that encompass more than 8 million net rentable square feet. It has a few properties in Europe and Asia. CyrusOne has both multitenant and single-tenant data centers, and it is primarily a wholesale provider, offering large spaces on longer-term leases. The firm has about 1,000 total customers, and cloud service providers and other information technology firms make up about half its total revenue. Its largest customer, Microsoft, accounted for over 20% of 2020 revenue, and its top 10 customers generated about 50%. After cloud providers, companies in the financial services and energy industries contributed the biggest proportions of CyrusOne's sales.
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