Pierce Group AB (FRA:959) Receivables Turnover: (As of Jun. 2026)

Pierce Group AB  (FRA:959) 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.

Pierce Group AB Receivables Turnover Related Terms

The historical data trend for Pierce Group AB'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.

Pierce Group AB Receivables Turnover Chart

Pierce Group AB Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26	Jun26
Receivables Turnover	Get a 7-Day Free Trial															-	-	45.88	42.62	-

FRA:959 vs ORLY, AZO, GPC: Receivables Turnover Comparison

For the Auto Parts subindustry, Pierce Group AB'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.

Pierce Group AB Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pierce Group AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pierce Group AB's Receivables Turnover falls into.

Pierce Group AB Receivables Turnover Calculation

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

Pierce Group AB's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Pierce Group AB's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

* 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.

Pierce Group AB Business Description