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NV Koninklijke Porceleyne Fles (CHIX:PORFA) Receivables Turnover : 1.84 (As of Dec. 2023)


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What is NV Koninklijke Porceleyne Fles 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. NV Koninklijke Porceleyne Fles's Revenue for the six months ended in Dec. 2023 was €4.22 Mil. NV Koninklijke Porceleyne Fles's average Accounts Receivable for the six months ended in Dec. 2023 was €2.30 Mil. Hence, NV Koninklijke Porceleyne Fles's Receivables Turnover for the six months ended in Dec. 2023 was 1.84.


NV Koninklijke Porceleyne Fles Receivables Turnover Historical Data

The historical data trend for NV Koninklijke Porceleyne Fles'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.

NV Koninklijke Porceleyne Fles Receivables Turnover Chart

NV Koninklijke Porceleyne Fles 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 10.78 5.32 7.87 10.40 12.27

NV Koninklijke Porceleyne Fles Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.11 1.43 1.60 1.80 1.84

Competitive Comparison of NV Koninklijke Porceleyne Fles's Receivables Turnover

For the Household & Personal Products subindustry, NV Koninklijke Porceleyne Fles'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.


NV Koninklijke Porceleyne Fles's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NV Koninklijke Porceleyne Fles's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NV Koninklijke Porceleyne Fles's Receivables Turnover falls into.



NV Koninklijke Porceleyne Fles Receivables Turnover Calculation

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

NV Koninklijke Porceleyne Fles'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 )
=8.398 / ((0.718 + 0.651) / 2 )
=8.398 / 0.6845
=12.27

NV Koninklijke Porceleyne Fles'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 )
=4.215 / ((3.94 + 0.651) / 2 )
=4.215 / 2.2955
=1.84

* 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.


NV Koninklijke Porceleyne Fles  (CHIX:PORFa) 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.


NV Koninklijke Porceleyne Fles Receivables Turnover Related Terms

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NV Koninklijke Porceleyne Fles (CHIX:PORFA) Business Description

Traded in Other Exchanges
Address
196 Rotterdamseweg, Delft, NLD, 2628 AR
NV Koninklijke Porceleyne Fles is engaged in the manufacturing and sale of earthenware and modern earthenware in the Netherlands. It provides authentic Delft blue ornamental earthenware and modern earthenware products.

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