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RL Commercial REIT (PHS:RCR) Receivables Turnover : 4.34 (As of Mar. 2024)


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What is RL Commercial REIT 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. RL Commercial REIT's Revenue for the three months ended in Mar. 2024 was ₱1,431 Mil. RL Commercial REIT's average Accounts Receivable for the three months ended in Mar. 2024 was ₱330 Mil. Hence, RL Commercial REIT's Receivables Turnover for the three months ended in Mar. 2024 was 4.34.


RL Commercial REIT Receivables Turnover Historical Data

The historical data trend for RL Commercial REIT'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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RL Commercial REIT Receivables Turnover Chart

RL Commercial REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
- - 5.97 14.13 15.49

RL Commercial REIT Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.64 3.86 4.17 4.86 4.34

Competitive Comparison of RL Commercial REIT's Receivables Turnover

For the REIT - Office subindustry, RL Commercial REIT'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.


RL Commercial REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, RL Commercial REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where RL Commercial REIT's Receivables Turnover falls into.



RL Commercial REIT Receivables Turnover Calculation

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

RL Commercial REIT'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 )
=5482.046 / ((420.641 + 287.072) / 2 )
=5482.046 / 353.8565
=15.49

RL Commercial REIT'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 )
=1430.945 / ((287.072 + 372.276) / 2 )
=1430.945 / 329.674
=4.34

* 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.


RL Commercial REIT  (PHS:RCR) 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.


RL Commercial REIT Receivables Turnover Related Terms

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RL Commercial REIT (PHS:RCR) Business Description

Traded in Other Exchanges
N/A
Address
Sapphire and Garnet Roads, Brgy. San Antonio, 25th Floor, Robinsons Cyberscape Alpha, Ortigas Center, Pasig City, PHL, 1605
RL Commercial REIT Inc is a real estate company established in the Philippines. Its portfolio includes Exxa Tower, Robinsons Galleria Cebu Office, and Zeta Tower among others.

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