Playmates Toys (HKSE:00869) Receivables Turnover : 3.04 (As of Dec. 2023)

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What is Playmates Toys 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. Playmates Toys's Revenue for the six months ended in Dec. 2023 was HK$762 Mil. Playmates Toys's average Accounts Receivable for the six months ended in Dec. 2023 was HK$251 Mil. Hence, Playmates Toys's Receivables Turnover for the six months ended in Dec. 2023 was 3.04.

Playmates Toys Receivables Turnover Historical Data

The historical data trend for Playmates Toys'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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Playmates Toys Receivables Turnover Chart

Playmates Toys Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.48

5.39

7.55

5.44

5.69

Playmates Toys 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															4.40	2.91	3.94	2.97	3.04

Competitive Comparison of Playmates Toys's Receivables Turnover

For the Leisure subindustry, Playmates Toys'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.

Playmates Toys's Receivables Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Playmates Toys's Receivables Turnover falls into.

Playmates Toys Receivables Turnover Calculation

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

Playmates Toys'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 )
=	1109.399	/ (	(60.962	+	328.827)	/	2 )
=	1109.399	/	194.8945
=	5.69

Playmates Toys'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 )
=	762.168	/ (	(172.991	+	328.827)	/	2 )
=	762.168	/	250.909
=	3.04

Playmates Toys (HKSE:00869) 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.

Playmates Toys Receivables Turnover Related Terms

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Playmates Toys (HKSE:00869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Playmates Toys Ltd (HKSE:00869) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PMTYF:USA 45P:Germany

Address

100 Canton Road, 23rd Floor, The Toy House, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.playmatestoys.com

Playmates Toys Ltd is an investment holding company engaged in the business of toy manufacturing. It is primarily engaged in the production and sale of toys across the world. The company designs, develops, markets and distributes toys and family entertainment activity products globally. The firm selects and matches the appropriate sculptors, packaging designers, finished goods vendors, and advertising agencies for each project.

Playmates Toys (HKSE:00869) Headlines

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