Proterra (MEX:PTRA) Receivables Turnover: 1.07 (As of Sep. 2023)

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MEX:PTRA Proterra Inc MEX:PTRA
16 GF Score
Price MXN2.58
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What is Proterra Receivables Turnover?

Proterra MEX:PTRA 16 Receivables Turnover is 1.07 as of Sep. 2023. GuruFocus rates MEX:PTRA with a GF Score™ of 16/100.

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. Proterra's Revenue for the three months ended in Sep. 2023 was MXN1,501 Mil. Proterra's average Accounts Receivable for the three months ended in Sep. 2023 was MXN1,406 Mil. Hence, Proterra's Receivables Turnover for the three months ended in Sep. 2023 was 1.07.


Proterra  (MEX:PTRA) 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.


Proterra Receivables Turnover Related Terms


Proterra Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Proterra'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.

Proterra Receivables Turnover Chart

Proterra Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Receivables Turnover
0.00 3.81 3.69 2.86

Proterra Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.04 0.68 0.66 0.92 1.07

MEX:PTRA vs UGRO, CLEV, ARTW: Receivables Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Proterra'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.


Proterra Receivables Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Proterra's Receivables Turnover distribution charts can be found below:

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


MEX:PTRA
16GF Score
Proterra Inc MEX:PTRA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Proterra Receivables Turnover Calculation

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

Proterra's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=6031.361 / ((1674.845 + 2541.05) / 2 )
=6031.361 / 2107.9475
=2.86

Proterra's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=1500.603 / ((1404.205 + 1408.387) / 2 )
=1500.603 / 1406.296
=1.07

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.07 mean?
Proterra (MEX:PTRA) has a Receivables Turnover of 1.07 as of Sep. 2023. The accounts 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. View historical data on Proterra and its competitors.
Is Proterra's Receivables Turnover too high?
Proterra's current Receivables Turnover is 1.07. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 4.97. Proterra's value of 1.07 is 78.5% below this industry median. Overall, Proterra has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Proterra's Receivables Turnover compare to UGRO and CLEV?
Proterra's Receivables Turnover of 1.07 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Receivables Turnover is 4.97. Proterra's value of 1.07 is 78.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 4.97, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Proterra's current Receivables Turnover of 1.07 is 78.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Proterra and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proterra's current Receivables Turnover is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proterra stock overvalued right now?
Proterra (MEX:PTRA) has a current Receivables Turnover of 1.07. The current Receivables Turnover is 1.07 and 78.5% below the Farm & Heavy Construction Machinery industry median of 4.97. Proterra's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Proterra (MEX:PTRA), the current Receivables Turnover is 1.07 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Proterra Business Description

Address 1815 Rollins Road, Burlingame, CA, USA, 94010
Proterra Inc is a developer and producer of zero-emission electric vehicle and EV technology solutions for commercial applications. The company designs, develops, manufactures, and sells electric transit buses as an original equipment manufacturer for North American public transit agencies, airports, universities, and other commercial transit fleets. It also designs, develops, manufactures, sells, and integrates proprietary battery systems and electrification solutions for commercial vehicle manufacturers. Additionally, Proterra provides fleet-scale, high-power charging solutions for its customers. Geographically, it derives a majority of its revenue from the United States.
16GF Score

Get the complete analysis for MEX:PTRA

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2.58
Price