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. Kimco Realty's Revenue for the
three
months ended in Mar. 2024 was $504 Mil. Kimco Realty's average Accounts Receivable for the
three
months ended in Mar. 2024 was $243 Mil.
Hence, Kimco Realty's Receivables Turnover for the
three
months ended in Mar. 2024 was 2.08.
Kimco Realty Receivables Turnover Historical Data
The historical data trend for Kimco Realty'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 Kimco Realty's Receivables Turnover
For the REIT - Retail subindustry, Kimco Realty'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.
Kimco Realty's Receivables Turnover Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Kimco Realty's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Kimco Realty's Receivables Turnover falls into.
Kimco Realty Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Kimco Realty's Receivables Turnover for the fiscal year that ended in Dec. 2023 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.
Kimco Realty Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Kimco Realty's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.
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