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First Pacific Co (FRA:FPC) Receivables Turnover : 3.85 (As of Dec. 2023)


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What is First Pacific Co 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. First Pacific Co's Revenue for the six months ended in Dec. 2023 was €4,676 Mil. First Pacific Co's average Accounts Receivable for the six months ended in Dec. 2023 was €1,214 Mil. Hence, First Pacific Co's Receivables Turnover for the six months ended in Dec. 2023 was 3.85.


First Pacific Co Receivables Turnover Historical Data

The historical data trend for First Pacific Co'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.

First Pacific Co Receivables Turnover Chart

First Pacific Co 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 6.96 6.35 7.83 8.47 8.64

First Pacific Co 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 3.83 3.89 4.09 4.09 3.85

Competitive Comparison of First Pacific Co's Receivables Turnover

For the Packaged Foods subindustry, First Pacific Co'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.


First Pacific Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Pacific Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where First Pacific Co's Receivables Turnover falls into.



First Pacific Co Receivables Turnover Calculation

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

First Pacific Co'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 )
=9638.312 / ((1122.888 + 1108.011) / 2 )
=9638.312 / 1115.4495
=8.64

First Pacific Co'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 )
=4676.241 / ((1320.536 + 1108.011) / 2 )
=4676.241 / 1214.2735
=3.85

* 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.


First Pacific Co  (FRA:FPC) 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.


First Pacific Co Receivables Turnover Related Terms

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First Pacific Co (FRA:FPC) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 24th Floor, Two Exchange Square, Central, Hong Kong, HKG
First Pacific Co Ltd is an investment holding company. It aims to achieve capital appreciation and dividends for its investors through investment across various sectors. Its portfolio comprises telecommunications, consumer food products, infrastructure, and natural resources segment. The company generates maximum revenue from the consumer food products segment. Geographically, it derives a majority of its revenue from Indonesia.

First Pacific Co (FRA:FPC) Headlines

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