PT International Development (HKSE:00372) Receivables Turnover : 12.15 (As of Sep. 2024)

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What is PT International Development 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. PT International Development's Revenue for the six months ended in Sep. 2024 was HK$76.0 Mil. PT International Development's average Accounts Receivable for the six months ended in Sep. 2024 was HK$6.3 Mil. Hence, PT International Development's Receivables Turnover for the six months ended in Sep. 2024 was 12.15.

PT International Development Receivables Turnover Historical Data

The historical data trend for PT International Development'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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PT International Development Receivables Turnover Chart

PT International Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Receivables Turnover

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389.51

706.89

22.63

10.10

23.20

PT International Development Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															7.02	2.34	3.31	24.17	12.15

Competitive Comparison of PT International Development's Receivables Turnover

For the Capital Markets subindustry, PT International Development'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.

PT International Development's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT International Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT International Development's Receivables Turnover falls into.

PT International Development Receivables Turnover Calculation

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

PT International Development's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Receivables Turnover (A: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2024 )	/ (	(Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )
=	151.959	/ (	(7.127	+	5.974)	/	2 )
=	151.959	/	6.5505
=	23.20

PT International Development'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: Mar. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	76.034	/ (	(5.974	+	6.546)	/	2 )
=	76.034	/	6.26
=	12.15

PT International Development (HKSE:00372) 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.

PT International Development Receivables Turnover Related Terms

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PT International Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PT International Development Corp Ltd (HKSE:00372) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

181-185 Gloucester Road, 11th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

https://www.ptcorp.com.hk

PT International Development Corp Ltd is an investment holding company. The operating segments of the company are Trading; Long term investment, Petrochemical, Financial Institute business, Finance and Others. The firm generates maximum revenue from the Trading segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the People's Republic of China, the United States, and Mauritius.

Executives

Zhu Bin	2101 Beneficial owner
Champion Choice Holdings Limited	2101 Beneficial owner
Ching Man Chun Louis	2201 Interest of corporation controlled by you

PT International Development Headlines

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