PBT Group (JSE:PBG) Receivables Turnover : 3.84 (As of Sep. 2023)

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What is PBT 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. PBT Group's Revenue for the six months ended in Sep. 2023 was R547 Mil. PBT Group's average Accounts Receivable for the six months ended in Sep. 2023 was R142 Mil. Hence, PBT Group's Receivables Turnover for the six months ended in Sep. 2023 was 3.84.

PBT Group Receivables Turnover Historical Data

The historical data trend for PBT 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.

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PBT Group Receivables Turnover Chart

PBT Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

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6.14

7.06

8.36

8.73

8.56

PBT Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															4.20	4.15	3.36	3.72	3.84

Competitive Comparison of PBT Group's Receivables Turnover

For the Information Technology Services subindustry, PBT 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.

PBT Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, PBT Group's Receivables Turnover distribution charts can be found below:

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

PBT Group Receivables Turnover Calculation

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

PBT Group's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	1090.959	/ (	(122.363	+	132.522)	/	2 )
=	1090.959	/	127.4425
=	8.56

PBT Group's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	547.438	/ (	(132.522	+	152.471)	/	2 )
=	547.438	/	142.4965
=	3.84

PBT Group (JSE:PBG) 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.

PBT Group Receivables Turnover Related Terms

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PBT Group (JSE:PBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PBT Group Ltd (JSE:PBG) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

PBT House, 2 Mews Close, Waterford Mews, Century City, Cape Town, WC, ZAF, 7441

Website

https://www.pbtgroup.co.za

PBT Group Ltd is a South African-based company that offers information management and data analytics services. The company's operating segments are based on geographical locations namely South Africa, Australia, Europe and Other. It generates maximum revenue from the South Africa segment. South Africa segment includes consulting and implementation of data, management information software and healthcare administration services in the Republic of South Africa. It serves finance, insurance, telecommunications, retail, petroleum and medical healthcare industries. The company services include Data Engineering, Analytics and Visualization, Artificial Intelligence, Managed Solutions, Advisory and Strategic Services, Application Development and others.

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