Pargesa Holding (XSWX:PARG) Receivables Turnover : 3.05 (As of Jun. 2020)

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What is Pargesa Holding 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. Pargesa Holding's Revenue for the six months ended in Jun. 2020 was CHF3,069 Mil. Pargesa Holding's average Accounts Receivable for the six months ended in Jun. 2020 was CHF1,006 Mil. Hence, Pargesa Holding's Receivables Turnover for the six months ended in Jun. 2020 was 3.05.

Pargesa Holding Receivables Turnover Historical Data

The historical data trend for Pargesa Holding'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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Pargesa Holding Receivables Turnover Chart

Pargesa Holding Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Receivables Turnover

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6.63

6.88

6.48

7.13

5.98

Pargesa Holding Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Receivables Turnover	Get a 7-Day Free Trial															3.31	3.37	3.35	2.74	3.05

Competitive Comparison of Pargesa Holding's Receivables Turnover

For the Conglomerates subindustry, Pargesa Holding'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.

Pargesa Holding's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Pargesa Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pargesa Holding's Receivables Turnover falls into.

Pargesa Holding Receivables Turnover Calculation

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

Pargesa Holding's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Receivables Turnover (A: Dec. 2019 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2019 )	/ (	(Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )
=	5604.2	/ (	(833.6	+	1041.2)	/	2 )
=	5604.2	/	937.4
=	5.98

Pargesa Holding's Receivables Turnover for the quarter that ended in Jun. 2020 is calculated as

	Receivables Turnover (Q: Jun. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2020 )	/ (	(Accounts Receivable (Q: Dec. 2019 )	+	Accounts Receivable (Q: Jun. 2020 ))	/	count )
=	3068.6	/ (	(1041.2	+	971.7)	/	2 )
=	3068.6	/	1006.45
=	3.05

Pargesa Holding (XSWX:PARG) 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.

Pargesa Holding Receivables Turnover Related Terms

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Pargesa Holding (XSWX:PARG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Pargesa Holding SA (XSWX:PARG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Grand Rue, Geneva, CHE, 1204

Website

http://www.pargesa.ch

Pargesa Holding is a holding company. The company owns 50% of Groupe Bruxelles Lambert, a traded holding company with sizable investments in large European industrial firms such as LafargeHolcim, SGS, Imerys, and Adidas.

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