Banco Macro SA B ADR

NYSE BMA

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Banco Macro SA B ADR Inventory Turnover Ratio 2 year CAGR for the year ending December 31, 2022

Banco Macro SA B ADR Inventory Turnover Ratio 2 year CAGR is NA for the year ending December 31, 2022. The inventory turnover ratio measures the efficiency of a company's inventory management by assessing how quickly it sells and replaces its inventory. It is calculated by dividing the cost of revenue by the average inventory value. This ratio indicates the number of times the company's inventory is sold and replaced within a specific period. A higher turnover ratio suggests efficient inventory management, while a lower ratio may indicate slow sales or excess inventory. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Banco Macro SA B ADR Inventory Turnover Ratio for the year ending December 31, 2022 was -0.51.
  • Banco Macro SA B ADR Inventory Turnover Ratio for the year ending December 31, 2019 was -0.00.
NYSE: BMA

Banco Macro SA B ADR

CEO Mr. Gustavo Alejandro Manriquez
IPO Date March 24, 2006
Location Argentina
Headquarters Avenida Eduardo Madero 1182, Buenos Aires, Argentina
Employees 9,192
Sector Financial Services
Industry Banks - regional
Description

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines, and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

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September 20, 2024

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