PhosAgro PJSC (MIC:PHOR) Receivables Turnover: 2.09 (As of Sep. 2023)

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MIC:PHOR PhosAgro PJSC MIC:PHOR
17 GF Score
Price ₽4,810.00
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What is PhosAgro PJSC Receivables Turnover?

PhosAgro PJSC MIC:PHOR +1.91% 17 Receivables Turnover is 2.09 as of Sep. 2023. GuruFocus rates MIC:PHOR with a GF Score™ of 17/100.

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. PhosAgro PJSC's Revenue for the three months ended in Sep. 2023 was ₽116,133 Mil. PhosAgro PJSC's average Accounts Receivable for the three months ended in Sep. 2023 was ₽55,467 Mil. Hence, PhosAgro PJSC's Receivables Turnover for the three months ended in Sep. 2023 was 2.09.


PhosAgro PJSC  (MIC:PHOR) 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.


PhosAgro PJSC Receivables Turnover Related Terms


PhosAgro PJSC Receivables Turnover Historical Data

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The historical data trend for PhosAgro PJSC'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.

PhosAgro PJSC Receivables Turnover Chart

PhosAgro PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.00 14.28 19.84 19.02 11.99

PhosAgro PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.37 1.93 1.95 1.75 2.09

MIC:PHOR vs CTVA, CF, MOS: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, PhosAgro PJSC'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.


PhosAgro PJSC Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, PhosAgro PJSC's Receivables Turnover distribution charts can be found below:

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


MIC:PHOR
17GF Score
PhosAgro PJSC MIC:PHOR
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PhosAgro PJSC Receivables Turnover Calculation

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

PhosAgro PJSC'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 )
=569527 / ((33013 + 61997) / 2 )
=569527 / 47505
=11.99

PhosAgro PJSC'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 )
=116133 / ((53494 + 57440) / 2 )
=116133 / 55467
=2.09

* 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 2.09 mean?
PhosAgro PJSC (MIC:PHOR) has a Receivables Turnover of 2.09 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 PhosAgro PJSC and its competitors.
Is PhosAgro PJSC's Receivables Turnover too high?
PhosAgro PJSC's current Receivables Turnover is 2.09. The Agriculture industry median Receivables Turnover is 5.43. PhosAgro PJSC's value of 2.09 is 61.5% below this industry median. Overall, PhosAgro PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PhosAgro PJSC's Receivables Turnover compare to CTVA and CF?
PhosAgro PJSC's Receivables Turnover of 2.09 can be compared against companies in the Agriculture industry. The industry median Receivables Turnover is 5.43. PhosAgro PJSC's value of 2.09 is 61.5% 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 an Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.43, based on 245 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. PhosAgro PJSC's current Receivables Turnover of 2.09 is 61.5% 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 PhosAgro PJSC and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhosAgro PJSC's current Receivables Turnover is 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhosAgro PJSC stock overvalued right now?
PhosAgro PJSC (MIC:PHOR) has a current Receivables Turnover of 2.09. The current Receivables Turnover is 2.09 and 61.5% below the Agriculture industry median of 5.43. PhosAgro PJSC's overall GF Score™ is 17/100. 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 PhosAgro PJSC (MIC:PHOR), the current Receivables Turnover is 2.09 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.

PhosAgro PJSC Business Description

Address Leninsky Prospekt, Apartment 55/1, Building 1, Moscow, RUS, 119333
PhosAgro PJSC produces and distributes fertilizer to the agricultural industry. The company has two segments organized by product: phosphate and nitrogen. The phosphate segment mines apatite-nepheline ore and then processes the ore into sulfate of potash fertilizer. The nitrogen segment produces nitrogen and ammonia-based fertilizers. To compete on cost, the firm controls its logistics operations through the ownership of ships, ports, and railroad cars. It generates revenue throughout the world, with Russia and Europe being its biggest markets.
17GF Score

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

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