SLC Agricola (BSP:SLCE3) Receivables Turnover : 10.25 (As of Mar. 2024)

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What is SLC Agricola 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. SLC Agricola's Revenue for the three months ended in Mar. 2024 was R$1,995 Mil. SLC Agricola's average Accounts Receivable for the three months ended in Mar. 2024 was R$195 Mil. Hence, SLC Agricola's Receivables Turnover for the three months ended in Mar. 2024 was 10.25.

SLC Agricola Receivables Turnover Historical Data

The historical data trend for SLC Agricola'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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SLC Agricola Receivables Turnover Chart

SLC Agricola Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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20.37

20.08

35.66

59.17

57.37

SLC Agricola Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															12.42	8.35	12.31	12.70	10.25

Competitive Comparison of SLC Agricola's Receivables Turnover

For the Farm Products subindustry, SLC Agricola'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.

SLC Agricola's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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

SLC Agricola Receivables Turnover Calculation

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

SLC Agricola'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 )
=	9122.124	/ (	(174.291	+	143.694)	/	2 )
=	9122.124	/	158.9925
=	57.37

SLC Agricola'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 )
=	1994.799	/ (	(143.694	+	245.574)	/	2 )
=	1994.799	/	194.634
=	10.25

SLC Agricola (BSP:SLCE3) 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.

SLC Agricola Receivables Turnover Related Terms

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SLC Agricola (BSP:SLCE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SLC Agricola SA (BSP:SLCE3) » Definitions » Receivables Turnover

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Traded in Other Exchanges

SLCJY:USA

Address

Rua Nilo Pecanha, 2.900, Room 301, Porto Alegre, RS, BRA, 91330-002

Website

https://www.slcagricola.com.br

SLC Agricola SA is an agricultural company. Its core business activities include the production and sale of seeds and saplings; the processing and trading of its products, the supply of primary agricultural goods and products; the rendering of inbound logistics, cleaning, drying and storage services as well as rendering services of agricultural machinery and equipment to third parties; the trading, import and export of agricultural products; and processing of sugarcane, ethanol and its byproducts. It operates through two business segments viz. The agricultural production segment comprises the cultivation of primarily cotton, soybean and corn and the Land portfolio segment includes the acquisition and development of land for agriculture. Its products are cotton, corn, soybean, and other.

SLC Agricola (BSP:SLCE3) Headlines

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