Del Monte Pacific (SGX:D03) Receivables Turnover : 2.56 (As of Jan. 2024)

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What is Del Monte Pacific 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. Del Monte Pacific's Revenue for the three months ended in Jan. 2024 was S$864 Mil. Del Monte Pacific's average Accounts Receivable for the three months ended in Jan. 2024 was S$337 Mil. Hence, Del Monte Pacific's Receivables Turnover for the three months ended in Jan. 2024 was 2.56.

Del Monte Pacific Receivables Turnover Historical Data

The historical data trend for Del Monte Pacific'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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Del Monte Pacific Receivables Turnover Chart

Del Monte Pacific Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Receivables Turnover

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14.69

14.55

12.62

13.74

12.79

Del Monte Pacific Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Receivables Turnover	Get a 7-Day Free Trial															2.35	2.77	2.58	2.80	2.56

Competitive Comparison of Del Monte Pacific's Receivables Turnover

For the Packaged Foods subindustry, Del Monte Pacific'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.

Del Monte Pacific's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Del Monte Pacific's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Del Monte Pacific's Receivables Turnover falls into.

Del Monte Pacific Receivables Turnover Calculation

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

Del Monte Pacific's Receivables Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Receivables Turnover (A: Apr. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Apr. 2023 )	/ (	(Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )
=	3224.705	/ (	(251.366	+	253.051)	/	2 )
=	3224.705	/	252.2085
=	12.79

Del Monte Pacific's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

	Receivables Turnover (Q: Jan. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2024 )	/ (	(Accounts Receivable (Q: Oct. 2023 )	+	Accounts Receivable (Q: Jan. 2024 ))	/	count )
=	864.07	/ (	(372.266	+	301.574)	/	2 )
=	864.07	/	336.92
=	2.56

Del Monte Pacific (SGX:D03) 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.

Del Monte Pacific Receivables Turnover Related Terms

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Del Monte Pacific (SGX:D03) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Del Monte Pacific Ltd (SGX:D03) » Definitions » Receivables Turnover

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DELM:Philippines

Address

17 Bukit Pasoh Road, Singapore, SGP, 089831

Website

https://www.delmontepacific.com

Del Monte Pacific Ltd is engaged in growing, processing, developing, manufacturing, marketing, distributing, and selling packaged fruits and vegetables, and other food products. The company operates through four divisions Packaged fruit and vegetable which includes the sale of processed fruit and vegetable products under the Del Monte and S&W brands; the Beverage segment includes the sale of pineapple juice in the can, tetra, and PET packaging, and pineapple juice concentrate; Culinary segment includes sale of packaged tomato-based products such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta and other; and Fresh fruit and others includes sale of S&W branded fresh pineapples in Asia Pacific. The majority of the company's revenue comes from the Americas.

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