Black Pearl Group (NZSE:BPG) Receivables Turnover : 7.88 (As of Mar. 2024)

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What is Black Pearl 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. Black Pearl Group's Revenue for the six months ended in Mar. 2024 was NZ$2.51 Mil. Black Pearl Group's average Accounts Receivable for the six months ended in Mar. 2024 was NZ$0.32 Mil. Hence, Black Pearl Group's Receivables Turnover for the six months ended in Mar. 2024 was 7.88.

Black Pearl Group Receivables Turnover Historical Data

The historical data trend for Black Pearl 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.

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Black Pearl Group Receivables Turnover Chart

Black Pearl Group Annual Data

Trend

Mar23

Mar24

Receivables Turnover

4.74

12.10

Black Pearl Group Semi-Annual Data
	Mar23	Sep23	Mar24
Receivables Turnover	-	5.43	7.88

Competitive Comparison of Black Pearl Group's Receivables Turnover

For the Software - Application subindustry, Black Pearl 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.

Black Pearl Group's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Black Pearl Group's Receivables Turnover distribution charts can be found below:

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

Black Pearl Group Receivables Turnover Calculation

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

Black Pearl Group'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 )
=	4.053	/ (	(0.302	+	0.368)	/	2 )
=	4.053	/	0.335
=	12.10

Black Pearl Group's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2.505	/ (	(0.268	+	0.368)	/	2 )
=	2.505	/	0.318
=	7.88

Black Pearl Group (NZSE:BPG) 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.

Black Pearl Group Receivables Turnover Related Terms

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Black Pearl Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Black Pearl Group Ltd (NZSE:BPG) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 5, 50 Customhouse Quay, Wellington Central, Wellington, NZL, 6011

Website

https://www.blackpearl.com

Black Pearl Group Ltd is a data technology company that builds, acquires, and markets data-driven cloud services, consisting of a suite of productivity and demand generation applications for small and medium-sized businesses. The company had two reportable segments based on the company's major product subscriptions available during the year: Pearl Diver and Newoldstamp. The company makes the majority of its revenue from subscriptions to Pearl Diver.

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