GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pacific Industrial Co Ltd (TSE:7250) » Definitions » Receivables Turnover

Pacific Industrial Co (TSE:7250) Receivables Turnover : 1.66 (As of Dec. 2023)


View and export this data going back to 1963. Start your Free Trial

What is Pacific Industrial Co 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. Pacific Industrial Co's Revenue for the three months ended in Dec. 2023 was 円53,328 Mil. Pacific Industrial Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円32,074 Mil. Hence, Pacific Industrial Co's Receivables Turnover for the three months ended in Dec. 2023 was 1.66.


Pacific Industrial Co Receivables Turnover Historical Data

The historical data trend for Pacific Industrial Co'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.

Pacific Industrial Co Receivables Turnover Chart

Pacific Industrial Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.86 6.21 6.09 6.25 6.82

Pacific Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.47 1.51 1.58 1.66 1.70

Competitive Comparison of Pacific Industrial Co's Receivables Turnover

For the Auto Parts subindustry, Pacific Industrial Co'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.


Pacific Industrial Co's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pacific Industrial Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pacific Industrial Co's Receivables Turnover falls into.



Pacific Industrial Co Receivables Turnover Calculation

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

Pacific Industrial Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=207348 / ((31227 + 29566) / 2 )
=207348 / 30396.5
=6.82

Pacific Industrial Co'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=53328 / ((33379 + 30769) / 2 )
=53328 / 32074
=1.66

* 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.


Pacific Industrial Co  (TSE:7250) 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.


Pacific Industrial Co Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Pacific Industrial Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Pacific Industrial Co (TSE:7250) Business Description

Traded in Other Exchanges
N/A
Address
100 Kyutoku-Cho, Ogaki, Gifu, JPN, 503-8603
Pacific Industrial Co Ltd is a manufacturer and developer of automotive parts and electronic parts and technology. The firm has Tire valve business, Stamping and Molding business, Control devices business and TPMS business segments. Its products and services include tire pressure, tire valve products, stamping and moulding products, control devices products and IC modules.

Pacific Industrial Co (TSE:7250) Headlines

No Headlines