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Portmeirion Group (LSE:PMP) Receivables Turnover : 2.17 (As of Jun. 2024)


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What is Portmeirion Group 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. Portmeirion Group's Revenue for the six months ended in Jun. 2024 was £36.61 Mil. Portmeirion Group's average Accounts Receivable for the six months ended in Jun. 2024 was £16.85 Mil. Hence, Portmeirion Group's Receivables Turnover for the six months ended in Jun. 2024 was 2.17.


Portmeirion Group Receivables Turnover Historical Data

The historical data trend for Portmeirion Group'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.

Portmeirion Group Receivables Turnover Chart

Portmeirion Group 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 5.95 5.70 7.04 6.59 6.06

Portmeirion Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.98 4.21 2.57 3.43 2.17

Competitive Comparison of Portmeirion Group's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Portmeirion Group'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.


Portmeirion Group's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Portmeirion Group's Receivables Turnover distribution charts can be found below:

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



Portmeirion Group Receivables Turnover Calculation

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

Portmeirion Group'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 )
=102.743 / ((17.078 + 16.836) / 2 )
=102.743 / 16.957
=6.06

Portmeirion Group's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=36.609 / ((16.836 + 16.868) / 2 )
=36.609 / 16.852
=2.17

* 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.


Portmeirion Group  (LSE:PMP) 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.


Portmeirion Group Receivables Turnover Related Terms

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Portmeirion Group Business Description

Traded in Other Exchanges
N/A
Address
London Road, Stoke-on-Trent, GBR, ST4 7QQ
Portmeirion Group PLC offers ceramic homeware products like tableware, cookware, giftware, and tabletop accessories. The group operates under two reportable segments - PUK and North America. Its ceramic line of business offers products under different brands which include Portmeirion, Spode, Royal Worcester, and Pimpernel. The company operates in the United Kingdom and the United States and has a distributor network across South Korea, India, Taiwan, and Thailand. It sells products through its own retail shops and websites. The majority of the revenues are derived from the United States.

Portmeirion Group Headlines

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