Property For Industry (NZSE:PFI) Receivables Turnover : 10.47 (As of Dec. 2024)

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What is Property For Industry 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. Property For Industry's Revenue for the six months ended in Dec. 2024 was NZ$60.8 Mil. Property For Industry's average Accounts Receivable for the six months ended in Dec. 2024 was NZ$5.8 Mil. Hence, Property For Industry's Receivables Turnover for the six months ended in Dec. 2024 was 10.47.

Property For Industry Receivables Turnover Historical Data

The historical data trend for Property For Industry'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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Property For Industry Receivables Turnover Chart

Property For Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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84.22

78.48

50.72

52.25

58.24

Property For Industry Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															19.88	17.74	13.43	12.23	10.47

Competitive Comparison of Property For Industry's Receivables Turnover

For the REIT - Industrial subindustry, Property For Industry'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.

Property For Industry's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Property For Industry's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Property For Industry's Receivables Turnover falls into.

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Property For Industry Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	110.832	/ (	(1.834	+	1.972)	/	2 )
=	110.832	/	1.903
=	58.24

Property For Industry's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	60.807	/ (	(4.642	+	6.975)	/	2 )
=	60.807	/	5.8085
=	10.47

Property For Industry (NZSE:PFI) 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.

Property For Industry Receivables Turnover Related Terms

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Property For Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Property For Industry Ltd (NZSE:PFI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

15 Galway Street, Level 4, Hayman Kronfeld Building, Auckland, NZL, 1010

Website

https://www.propertyforindustry.co.nz

Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. The company's investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft among others. Rental and management fee income represents nearly all of its operating revenue.