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Pengana Capital Group (ASX:PCG) Receivables Turnover : 18.12 (As of Dec. 2023)


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What is Pengana Capital Group 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. Pengana Capital Group's Revenue for the six months ended in Dec. 2023 was A$17.73 Mil. Pengana Capital Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.98 Mil. Hence, Pengana Capital Group's Receivables Turnover for the six months ended in Dec. 2023 was 18.12.


Pengana Capital Group Receivables Turnover Historical Data

The historical data trend for Pengana Capital Group'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.

* Premium members only.

Pengana Capital Group Receivables Turnover Chart

Pengana Capital Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 196.60 119.90 236.71 548.24 359.79

Pengana Capital Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 40.92 21.98 161.14 86.22 18.12

Competitive Comparison of Pengana Capital Group's Receivables Turnover

For the Asset Management subindustry, Pengana Capital Group'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.


Pengana Capital Group's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pengana Capital Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pengana Capital Group's Receivables Turnover falls into.



Pengana Capital Group Receivables Turnover Calculation

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

Pengana Capital Group's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=36.519 / ((0.005 + 0.198) / 2 )
=36.519 / 0.1015
=359.79

Pengana Capital Group'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: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=17.732 / ((0.198 + 1.759) / 2 )
=17.732 / 0.9785
=18.12

* 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.


Pengana Capital Group  (ASX:PCG) 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.


Pengana Capital Group Receivables Turnover Related Terms

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Pengana Capital Group (ASX:PCG) Business Description

Traded in Other Exchanges
N/A
Address
Governor Phillip Tower, 1 Farrer Place, Suite 1, Level 27, Sydney, NSW, AUS, 2000
Pengana Capital Group Ltd is a diversified fund management group. Its principal activity of group is funds management with the objective of increasing investor wealth by developing, offering and managing investment funds in Australia and globally as opportunities arise.