United Breweries Co (United Breweries Co) Receivables Turnover : 1.64 (As of Dec. 2023)

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What is United Breweries Co 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. United Breweries Co's Revenue for the three months ended in Dec. 2023 was $656 Mil. United Breweries Co's average Accounts Receivable for the three months ended in Dec. 2023 was $399 Mil. Hence, United Breweries Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.64.

United Breweries Co Receivables Turnover Historical Data

The historical data trend for United Breweries Co'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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United Breweries Co Receivables Turnover Chart

United Breweries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.39

7.39

8.25

7.88

6.79

United Breweries Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.13	2.43	2.34	2.36	1.64

Competitive Comparison of United Breweries Co's Receivables Turnover

For the Beverages - Brewers subindustry, United Breweries Co'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.

United Breweries Co's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where United Breweries Co's Receivables Turnover falls into.

United Breweries Co Receivables Turnover Calculation

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

United Breweries Co'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 )
=	2938.95	/ (	(430.823	+	435.211)	/	2 )
=	2938.95	/	433.017
=	6.79

United Breweries Co's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	655.945	/ (	(363.408	+	435.211)	/	2 )
=	655.945	/	399.3095
=	1.64

United Breweries Co (NYSE:CCU) 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.

United Breweries Co Receivables Turnover Related Terms

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United Breweries Co (United Breweries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Breweries Co Inc (NYSE:CCU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CVU:Germany CCU:Chile

Address

Avenida Vitacura N° 2670, Twenty-Third Floor, Santiago, CHL

Website

https://www.ccu.cl

United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.