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PCC Rokita (FRA:229) Receivables Turnover : 2.06 (As of Sep. 2024)


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What is PCC Rokita 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. PCC Rokita's Revenue for the three months ended in Sep. 2024 was €105.9 Mil. PCC Rokita's average Accounts Receivable for the three months ended in Sep. 2024 was €51.4 Mil. Hence, PCC Rokita's Receivables Turnover for the three months ended in Sep. 2024 was 2.06.


PCC Rokita Receivables Turnover Historical Data

The historical data trend for PCC Rokita'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.

PCC Rokita Receivables Turnover Chart

PCC Rokita 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 9.72 10.42 11.43 9.72 7.73

PCC Rokita 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 2.09 2.19 2.11 2.13 2.06

Competitive Comparison of PCC Rokita's Receivables Turnover

For the Chemicals subindustry, PCC Rokita'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.


PCC Rokita's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PCC Rokita's Receivables Turnover distribution charts can be found below:

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



PCC Rokita Receivables Turnover Calculation

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

PCC Rokita'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 )
=550.021 / ((92.14 + 50.241) / 2 )
=550.021 / 71.1905
=7.73

PCC Rokita'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 )
=105.885 / ((52.977 + 49.874) / 2 )
=105.885 / 51.4255
=2.06

* 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.


PCC Rokita  (FRA:229) 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.


PCC Rokita Receivables Turnover Related Terms

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PCC Rokita Business Description

Traded in Other Exchanges
Address
ul. Sienkiewicza 4, Brzeg Dolny, POL, 56-120
PCC Rokita SA is engaged in manufacturing chemicals. Its products include Polyols, Chloralkali, Chlorobenzene, Phosphorus derivatives, and Naphthalene derivatives. It serves adhesives, agrochemicals, building and construction, case, detergents, fire prevention, food and fuel industry, furniture, I&I cleaning, lubricants and functional fluids, metallurgical, mining and drilling, oilfield, paints and coatings, personal care, pharmaceuticals, plastics, power, printing ink, pulp and paper, raw materials and intermediates, refrigeration and household appliances, sports and recreation, tanning and textile, transportation, and water and wastewater treatment industries.

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