GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Premier Investments Ltd (ASX:PMV) » Definitions » Receivables Turnover

Premier Investments (ASX:PMV) Receivables Turnover : 24.90 (As of Jan. 2025)


View and export this data going back to 1987. Start your Free Trial

What is Premier Investments 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. Premier Investments's Revenue for the six months ended in Jan. 2025 was A$458 Mil. Premier Investments's average Accounts Receivable for the six months ended in Jan. 2025 was A$18 Mil. Hence, Premier Investments's Receivables Turnover for the six months ended in Jan. 2025 was 24.90.


Premier Investments Receivables Turnover Historical Data

The historical data trend for Premier Investments'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.

Premier Investments Receivables Turnover Chart

Premier Investments Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Premier Investments Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 72.32 58.98 43.36 35.35 24.90

Competitive Comparison of Premier Investments's Receivables Turnover

For the Apparel Retail subindustry, Premier Investments'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.


Premier Investments's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Premier Investments's Receivables Turnover distribution charts can be found below:

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


;
;

Premier Investments Receivables Turnover Calculation

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

Premier Investments's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Receivables Turnover (A: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2024 ) / ((Accounts Receivable (A: Jul. 2023 ) + Accounts Receivable (A: Jul. 2024 )) / count )
=1596.644 / ((0 + 0) / 1 )
=1596.644 / 0
=N/A

Premier Investments's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

Receivables Turnover (Q: Jan. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2025 ) / ((Accounts Receivable (Q: Jul. 2024 ) + Accounts Receivable (Q: Jan. 2025 )) / count )
=457.873 / ((0 + 18.386) / 1 )
=457.873 / 18.386
=24.90

* 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.


Premier Investments  (ASX:PMV) 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.


Premier Investments Receivables Turnover Related Terms

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


Premier Investments Business Description

Traded in Other Exchanges
N/A
Address
417 St Kilda Road, Level 7, Melbourne, VIC, AUS, 3004
Premier Investments owns two global retail brands. While Smiggle has been operating outside of its core Australian and New Zealand markets for many years, the more prolific fashion brand Peter Alexander only recently entered the United Kingdom. The unique Smiggle brand, retailing children's stationery in Australia and overseas markets. Premier materially restructured in 2025, merging its five core apparel brands with department store Myer. It distributed its Myer equity stake to its shareholder with an in-specie capital reduction and dividend.Premier is also a significant shareholder in Australia-listed company narrow-moat Breville Group.

Premier Investments Headlines

No Headlines