GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pfizer Inc (CHIX:PFEd) » Definitions » Receivables Turnover

Pfizer (CHIX:PFED) Receivables Turnover : 1.35 (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Pfizer 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. Pfizer's Revenue for the three months ended in Sep. 2024 was €15,949 Mil. Pfizer's average Accounts Receivable for the three months ended in Sep. 2024 was €11,802 Mil. Hence, Pfizer's Receivables Turnover for the three months ended in Sep. 2024 was 1.35.


Pfizer Receivables Turnover Historical Data

The historical data trend for Pfizer'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.

Pfizer Receivables Turnover Chart

Pfizer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.60 5.43 8.63 9.24 5.21

Pfizer Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.27 1.20 1.34 1.19 1.35

Competitive Comparison of Pfizer's Receivables Turnover

For the Drug Manufacturers - General subindustry, Pfizer'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.


Pfizer's Receivables Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pfizer's Receivables Turnover distribution charts can be found below:

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



Pfizer Receivables Turnover Calculation

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

Pfizer'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 )
=53640.832 / ((10338.688 + 10249.309) / 2 )
=53640.832 / 10293.9985
=5.21

Pfizer's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=15948.601 / ((10584.097 + 13020.351) / 2 )
=15948.601 / 11802.224
=1.35

* 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.


Pfizer  (CHIX:PFEd) 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.


Pfizer Receivables Turnover Related Terms

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


Pfizer Business Description

Address
66 Hudson Boulevard East, New York, NY, USA, 10001-2192
Pfizer is one of the world's largest pharmaceutical firms, with annual sales close to $50 billion (excluding covid-19-related product sales). While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, and cardiovascular treatment Eliquis. Pfizer sells these products globally, with international sales representing close to 50% of total sales. Within international sales, emerging markets are a major contributor.

Pfizer Headlines

From GuruFocus

Park Bancorp Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 05-17-2010

Park Bancorp Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-16-2009

Park Bancorp Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 08-16-2010

Park Bancorp Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-15-2010