Cementos PacasmayoA (Cementos PacasmayoA) Receivables Turnover : 5.68 (As of Dec. 2023)

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What is Cementos PacasmayoA 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. Cementos PacasmayoA's Revenue for the three months ended in Dec. 2023 was $135.8 Mil. Cementos PacasmayoA's average Accounts Receivable for the three months ended in Dec. 2023 was $23.9 Mil. Hence, Cementos PacasmayoA's Receivables Turnover for the three months ended in Dec. 2023 was 5.68.

Cementos PacasmayoA Receivables Turnover Historical Data

The historical data trend for Cementos PacasmayoA'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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Cementos PacasmayoA Receivables Turnover Chart

Cementos PacasmayoA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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15.43

14.94

23.57

24.95

24.02

Cementos PacasmayoA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															6.80	5.33	4.56	5.49	5.68

Competitive Comparison of Cementos PacasmayoA's Receivables Turnover

For the Building Materials subindustry, Cementos PacasmayoA'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.

Cementos PacasmayoA's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos PacasmayoA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cementos PacasmayoA's Receivables Turnover falls into.

Cementos PacasmayoA Receivables Turnover Calculation

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

Cementos PacasmayoA's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	517.821	/ (	(20.85	+	22.263)	/	2 )
=	517.821	/	21.5565
=	24.02

Cementos PacasmayoA'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 )
=	135.791	/ (	(25.512	+	22.263)	/	2 )
=	135.791	/	23.8875
=	5.68

Cementos PacasmayoA (NYSE:CPAC) 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.

Cementos PacasmayoA Receivables Turnover Related Terms

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Cementos PacasmayoA (Cementos PacasmayoA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Pacasmayo SAA (NYSE:CPAC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CPAC:Peru CPACASI1:Peru CPACASC1:Peru

Address

Calle La Colonia No. 150, Urbanizacion El Vivero, Surco, Lima, PER

Website

https://www.cementospacasmayo.com.pe

Cementos Pacasmayo SAA is a Peruvian cement company that primarily produces, distributes, and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete. The company's products are primarily used in construction. It also produces and sells quicklime for use in mining operations. The company sells its products mainly in the northern part of Peru. It owns three cement production facilities. Its flagship Pacasmayo facility is located in the northwest region of Peru, while its new cement plant in Piura and smaller Rioja facility are located in the northeast region of Peru.