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Camil Alimentos (BSP:CAML3) Receivables Turnover : 1.65 (As of Feb. 2024)


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What is Camil Alimentos 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. Camil Alimentos's Revenue for the three months ended in Feb. 2024 was R$2,682 Mil. Camil Alimentos's average Accounts Receivable for the three months ended in Feb. 2024 was R$1,623 Mil. Hence, Camil Alimentos's Receivables Turnover for the three months ended in Feb. 2024 was 1.65.


Camil Alimentos Receivables Turnover Historical Data

The historical data trend for Camil Alimentos'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.

Camil Alimentos Receivables Turnover Chart

Camil Alimentos Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.62 8.94 8.36 8.02 8.36

Camil Alimentos 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.76 1.96 2.14 1.86 1.65

Competitive Comparison of Camil Alimentos's Receivables Turnover

For the Packaged Foods subindustry, Camil Alimentos'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.


Camil Alimentos's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Camil Alimentos's Receivables Turnover distribution charts can be found below:

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



Camil Alimentos Receivables Turnover Calculation

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

Camil Alimentos's Receivables Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Receivables Turnover (A: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2024 ) / ((Accounts Receivable (A: Feb. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count )
=11249.647 / ((1331.654 + 1359.367) / 2 )
=11249.647 / 1345.5105
=8.36

Camil Alimentos'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 )
=2682.331 / ((1885.93 + 1359.367) / 2 )
=2682.331 / 1622.6485
=1.65

* 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.


Camil Alimentos  (BSP:CAML3) 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.


Camil Alimentos Receivables Turnover Related Terms

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Camil Alimentos (BSP:CAML3) Business Description

Traded in Other Exchanges
N/A
Address
Av Doutora Ruth Cardoso, 8501, 12 andar, Pinheiro, Eldorado Business Tower, Sao Paulo, SP, BRA, 05425-070
Camil Alimentos SA is a consumer goods company. The company is engaged in processing, producing, packing, and distributing rice, beans, sugar, and canned fish, among other products in the food sector. It has a diversified portfolio through brands in Brazil, Uruguay, Chile, and Peru. The operating business segments are Food products - Brazil, and Food products - International Food products. The company earns maximum revenue from Food products - the Brazil segment.

Camil Alimentos (BSP:CAML3) Headlines

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