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Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Receivables Turnover : 66.95 (As of Mar. 2024)


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What is Wal - Mart de MexicoB de CV 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. Wal - Mart de MexicoB de CV's Revenue for the three months ended in Mar. 2024 was $13,629 Mil. Wal - Mart de MexicoB de CV's average Accounts Receivable for the three months ended in Mar. 2024 was $204 Mil. Hence, Wal - Mart de MexicoB de CV's Receivables Turnover for the three months ended in Mar. 2024 was 66.95.


Wal - Mart de MexicoB de CV Receivables Turnover Historical Data

The historical data trend for Wal - Mart de MexicoB de CV'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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Wal - Mart de MexicoB de CV Receivables Turnover Chart

Wal - Mart de MexicoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.43 347.19 478.78 483.82 309.58

Wal - Mart de MexicoB de CV 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 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 141.86 295.87 462.05 115.47 66.95

Competitive Comparison of Wal - Mart de MexicoB de CV's Receivables Turnover

For the Discount Stores subindustry, Wal - Mart de MexicoB de CV'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.


Wal - Mart de MexicoB de CV's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wal - Mart de MexicoB de CV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wal - Mart de MexicoB de CV's Receivables Turnover falls into.



Wal - Mart de MexicoB de CV Receivables Turnover Calculation

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

Wal - Mart de MexicoB de CV'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 )
=52181.388 / ((104.47 + 232.645) / 2 )
=52181.388 / 168.5575
=309.58

Wal - Mart de MexicoB de CV'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 )
=13629.196 / ((232.645 + 174.484) / 2 )
=13629.196 / 203.5645
=66.95

* 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.


Wal - Mart de MexicoB de CV  (OTCPK:WMMVY) 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.


Wal - Mart de MexicoB de CV Receivables Turnover Related Terms

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Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Business Description

Traded in Other Exchanges
Address
Nextengo No. 78, Santa Cruz Acayucan, Mexico DF, MEX, 02770
Wal - Mart de Mexico SAB de CV is the owner and operator of Wal-Mart branded self-service stores in Mexico and Central America. Wal-Mart de Mexico is a subsidiary of Wal-Mart Stores Incorporated, based in the United States. The company generates the majority of revenue in Mexico and a small proportion of revenue from the rest of Central America. The company operates discount stores, hypermarkets, supermarkets, wholesale stores, and pharmacies. The company also engages in the import and sale of goods, property development, and real estate management activities.

Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Headlines

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