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PTFC Redevelopment (PHS:TFC) Receivables Turnover : 2.88 (As of Feb. 2024)


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What is PTFC Redevelopment 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. PTFC Redevelopment's Revenue for the three months ended in Feb. 2024 was ₱55.6 Mil. PTFC Redevelopment's average Accounts Receivable for the three months ended in Feb. 2024 was ₱19.3 Mil. Hence, PTFC Redevelopment's Receivables Turnover for the three months ended in Feb. 2024 was 2.88.


PTFC Redevelopment Receivables Turnover Historical Data

The historical data trend for PTFC Redevelopment'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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PTFC Redevelopment Receivables Turnover Chart

PTFC Redevelopment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.86 18.92 14.88 14.43 12.91

PTFC Redevelopment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.49 3.35 3.50 3.05 2.88

Competitive Comparison of PTFC Redevelopment's Receivables Turnover

For the Real Estate - Diversified subindustry, PTFC Redevelopment'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.


PTFC Redevelopment's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PTFC Redevelopment's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PTFC Redevelopment's Receivables Turnover falls into.



PTFC Redevelopment Receivables Turnover Calculation

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

PTFC Redevelopment's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Receivables Turnover (A: Aug. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2023 ) / ((Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count )
=208.241 / ((15.507 + 16.742) / 2 )
=208.241 / 16.1245
=12.91

PTFC Redevelopment's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

Receivables Turnover (Q: Feb. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2024 ) / ((Accounts Receivable (Q: Nov. 2023 ) + Accounts Receivable (Q: Feb. 2024 )) / count )
=55.553 / ((18.723 + 19.848) / 2 )
=55.553 / 19.2855
=2.88

* 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.


PTFC Redevelopment  (PHS:TFC) 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.


PTFC Redevelopment Receivables Turnover Related Terms

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PTFC Redevelopment (PHS:TFC) Business Description

Traded in Other Exchanges
N/A
Address
802 A. Bonifacio Street, Balintawak, Quezon, QUE, PHL, 1105
PTFC Redevelopment Corp has its primary purpose to deal, engage or acquire an interest in land or real estate development. It operates in one segment: Leasing Activities. Rental services generate maximum revenue for the company. Geographically it caters its services only to the Philippines market. The company's portfolio consists of commercial, industrial, mini, and personal (self) storage spaces. It also provides office rental services for businesses and individuals. It also provides facilities such as Mini/Self-Storage, Baesa Warehouses and Balintawak Warehouses.