Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. PRO-PAC Packaging's Revenue for the
six
months ended in Dec. 2024 was A$142.9 Mil. PRO-PAC Packaging's average Accounts Receivable for the
six
months ended in Dec. 2024 was A$61.6 Mil.
Hence, PRO-PAC Packaging's Receivables Turnover for the
six
months ended in Dec. 2024 was 2.32.
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.
PRO-PAC Packaging Receivables Turnover Related Terms
PRO-PAC Packaging Receivables Turnover Historical Data
* Premium members only.
The historical data trend for PRO-PAC Packaging'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.
ASX:PPG vs IP, SW, AMCR: Receivables Turnover Comparison
For the Packaging & Containers subindustry, PRO-PAC Packaging'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.
PRO-PAC Packaging Receivables Turnover vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, PRO-PAC Packaging's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where PRO-PAC Packaging's Receivables Turnover falls into.
* 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.
PRO-PAC Packaging (ASX:PPG) has a Receivables Turnover of 2.32 as of Dec. 2024. The accounts 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. View historical data on PRO-PAC Packaging and its competitors.
Is PRO-PAC Packaging's Receivables Turnover too high?
PRO-PAC Packaging's current Receivables Turnover is 2.32. The Packaging & Containers industry median Receivables Turnover is 5.46. PRO-PAC Packaging's value of 2.32 is 57.5% below this industry median. Overall, PRO-PAC Packaging has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does PRO-PAC Packaging's Receivables Turnover compare to IP and SW?
PRO-PAC Packaging's Receivables Turnover of 2.32 can be compared against companies in the Packaging & Containers industry. The industry median Receivables Turnover is 5.46. PRO-PAC Packaging's value of 2.32 is 57.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.46, based on 393 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PRO-PAC Packaging's current Receivables Turnover of 2.32 is 57.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on PRO-PAC Packaging and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PRO-PAC Packaging's current Receivables Turnover is 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PRO-PAC Packaging stock overvalued right now?
PRO-PAC Packaging (ASX:PPG) has a current Receivables Turnover of 2.32. The current Receivables Turnover is 2.32 and 57.5% below the Packaging & Containers industry median of 5.46. PRO-PAC Packaging's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For PRO-PAC Packaging (ASX:PPG), the current Receivables Turnover is 2.32 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
PRO-PAC Packaging Ltd is engaged in the manufacture and distribution of flexible, industrial, and rigid packaging products. The company's operating segment includes Flexibles; Specialty; and Unallocated. It generates maximum revenue from the Flexibles segment. The Flexibles packaging segment manufactures flexible packaging materials incorporating products such as stretch and shrink wrap, agricultural silage packaging, fresh produce bags, barrier and lidding films, and industrial protective films. Geographically, it derives a majority of its revenue from Australia and also has a presence in New Zealand.
8GF Score
Get the complete analysis for ASX:PPG
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:PPG has been successfully added to your 
