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Pollard Banknote (FRA:67L) Receivables Turnover : 1.51 (As of Mar. 2024)


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What is Pollard Banknote 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. Pollard Banknote's Revenue for the three months ended in Mar. 2024 was €85.5 Mil. Pollard Banknote's average Accounts Receivable for the three months ended in Mar. 2024 was €56.6 Mil. Hence, Pollard Banknote's Receivables Turnover for the three months ended in Mar. 2024 was 1.51.


Pollard Banknote Receivables Turnover Historical Data

The historical data trend for Pollard Banknote'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.

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Pollard Banknote Receivables Turnover Chart

Pollard Banknote 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 8.80 6.57 6.86 6.15 6.18

Pollard Banknote Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.69 2.20 2.05 1.80 1.51

Competitive Comparison of Pollard Banknote's Receivables Turnover

For the Gambling subindustry, Pollard Banknote'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.


Pollard Banknote's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Receivables Turnover distribution charts can be found below:

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



Pollard Banknote Receivables Turnover Calculation

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

Pollard Banknote'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 )
=355.728 / ((58.542 + 56.619) / 2 )
=355.728 / 57.5805
=6.18

Pollard Banknote's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=85.462 / ((56.619 + 56.531) / 2 )
=85.462 / 56.575
=1.51

* 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.


Pollard Banknote  (FRA:67L) 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.


Pollard Banknote Receivables Turnover Related Terms

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Pollard Banknote (FRA:67L) Business Description

Traded in Other Exchanges
Address
140 Otter Street, Winnipeg, MB, CAN, R3T 0M8
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has its geographic presence in Canada, United States and International. It generates majority of the revenue from United States .

Pollard Banknote (FRA:67L) Headlines

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