Pentanet (ASX:5GG) Receivables Turnover : 16.50 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Pentanet 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. Pentanet's Revenue for the six months ended in Dec. 2023 was A$10.40 Mil. Pentanet's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.63 Mil. Hence, Pentanet's Receivables Turnover for the six months ended in Dec. 2023 was 16.50.

Pentanet Receivables Turnover Historical Data

The historical data trend for Pentanet'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.

Pentanet Receivables Turnover Chart

Pentanet Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

87.34

111.82

66.11

Pentanet Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			53.38	48.63	37.23	26.67	16.50

Competitive Comparison of Pentanet's Receivables Turnover

For the Telecom Services subindustry, Pentanet'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.

Pentanet's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Pentanet's Receivables Turnover distribution charts can be found below:

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

Pentanet Receivables Turnover Calculation

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

Pentanet's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	19.733	/ (	(0.184	+	0.413)	/	2 )
=	19.733	/	0.2985
=	66.11

Pentanet'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	10.402	/ (	(0.413	+	0.848)	/	2 )
=	10.402	/	0.6305
=	16.50

Pentanet (ASX:5GG) 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.

Pentanet Receivables Turnover Related Terms

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

Pentanet (ASX:5GG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Pentanet Ltd (ASX:5GG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 2/8 Corbusier Place, Balcatta, Perth, WA, AUS, 6021

Website

https://www.pentanet.com.au

Pentanet Ltd is a licensed telecommunications carrier and internet service provider (ISP), delivering high-speed internet services via its fixed-wireless network and other fixed-line networks. The company provides a range of services for residential, commercial, and enterprise customers. It operates in two segments namely Internet services and Gaming and technology services within Australia. The company generates maximum revenue from the Internet services segment.

Pentanet (ASX:5GG) Headlines

No Headlines