Principal Technologies (FRA:JO7) Receivables Turnover : 0.47 (As of Jan. 2025)

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What is Principal Technologies 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. Principal Technologies's Revenue for the three months ended in Jan. 2025 was €0.06 Mil. Principal Technologies's average Accounts Receivable for the three months ended in Jan. 2025 was €0.14 Mil. Hence, Principal Technologies's Receivables Turnover for the three months ended in Jan. 2025 was 0.47.

Principal Technologies Receivables Turnover Historical Data

The historical data trend for Principal Technologies'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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Principal Technologies Receivables Turnover Chart

Principal Technologies Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Jul24

Receivables Turnover

6.79

4.99

5.95

Principal Technologies Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Receivables Turnover	Get a 7-Day Free Trial															1.16	1.13	0.98	0.65	0.47

Competitive Comparison of Principal Technologies's Receivables Turnover

For the Health Information Services subindustry, Principal Technologies'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.

Principal Technologies's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Principal Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Principal Technologies's Receivables Turnover falls into.

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Principal Technologies Receivables Turnover Calculation

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

Principal Technologies's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

	Receivables Turnover (A: Jul. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jul. 2024 )	/ (	(Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jul. 2024 ))	/	count )
=	0.446	/ (	(0.079	+	0.071)	/	2 )
=	0.446	/	0.075
=	5.95

Principal Technologies's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

	Receivables Turnover (Q: Jan. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2025 )	/ (	(Accounts Receivable (Q: Oct. 2024 )	+	Accounts Receivable (Q: Jan. 2025 ))	/	count )
=	0.064	/ (	(0.151	+	0.124)	/	2 )
=	0.064	/	0.1375
=	0.47

Principal Technologies (FRA:JO7) 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.

Principal Technologies Receivables Turnover Related Terms

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Principal Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Principal Technologies Inc (FRA:JO7) » Definitions » Receivables Turnover

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Traded in Other Exchanges

PTEC:Canada

Address

700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.principal-technologies.com

Principal Technologies Inc focuses on investment in a healthcare technology company. It is building a diverse portfolio of investments in healthcare technology companies with a focus on those with distribution potential across the world, and have intellectual property capable of enhancing medical treatment, cost efficiency, optimizations of the patient pathway, and implementation of point-of-care technologies. The company operates in one reportable operational segment, being its operations in healthcare technology including the project management of international-scale clinical studies predominantly related to medical device technologies.

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