Eagle Cement (PHS:EAGLE) Receivables Turnover : 11.06 (As of Sep. 2022)

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What is Eagle Cement 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. Eagle Cement's Revenue for the three months ended in Sep. 2022 was ₱6,399 Mil. Eagle Cement's average Accounts Receivable for the three months ended in Sep. 2022 was ₱579 Mil. Hence, Eagle Cement's Receivables Turnover for the three months ended in Sep. 2022 was 11.06.

Eagle Cement Receivables Turnover Historical Data

The historical data trend for Eagle Cement'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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Eagle Cement Receivables Turnover Chart

Eagle Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Receivables Turnover

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39.40

37.52

48.50

34.27

53.80

Eagle Cement Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Receivables Turnover	Get a 7-Day Free Trial															12.81	16.45	16.31	14.98	11.06

Competitive Comparison of Eagle Cement's Receivables Turnover

For the Building Materials subindustry, Eagle Cement'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.

Eagle Cement's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eagle Cement's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Eagle Cement's Receivables Turnover falls into.

Eagle Cement Receivables Turnover Calculation

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

Eagle Cement's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	21396.891	/ (	(382.995	+	412.383)	/	2 )
=	21396.891	/	397.689
=	53.80

Eagle Cement's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

	Receivables Turnover (Q: Sep. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2022 )	/ (	(Accounts Receivable (Q: Jun. 2022 )	+	Accounts Receivable (Q: Sep. 2022 ))	/	count )
=	6399.244	/ (	(489.37	+	667.638)	/	2 )
=	6399.244	/	578.504
=	11.06

Eagle Cement (PHS:EAGLE) 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.

Eagle Cement Receivables Turnover Related Terms

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Eagle Cement (PHS:EAGLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Eagle Cement Corp (PHS:EAGLE) » Definitions » Receivables Turnover

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Address

155 EDSA, Barangay Wack-Wack, 2nd Floor, SMITS Corporate Center, Mandaluyong, PHL, 1554

Website

https://www.eaglecement.com.ph

Eagle Cement Corp is engaged in the business of manufacturing, marketing, sale, and distribution of cement, cement products and by?products. The company offers Portland and bulk cement to both distributors and top Philippine real estate developers under the Eagle Cement brand. Geographically the group operates its activities through the Philippines which is also the revenue generation region for the company.

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