PCT (PCTL) Receivables Turnover: 4.70 (As of Sep. 2022)


What is PCT Receivables Turnover?

PCT PCTL Receivables Turnover is 4.70 as of Sep. 2022.

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. PCT's Revenue for the three months ended in Sep. 2022 was $0.29 Mil. PCT's average Accounts Receivable for the three months ended in Sep. 2022 was $0.06 Mil. Hence, PCT's Receivables Turnover for the three months ended in Sep. 2022 was 4.70.


PCT  (OTCPK:PCTL) 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.


PCT Receivables Turnover Related Terms


PCT Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PCT'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.

PCT Receivables Turnover Chart

PCT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.47 8.58 8.80 10.91 5.74

PCT Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.69 0.39 3.13 2.90 4.70

PCTL vs EAWD, TOMZ, AMSU: Receivables Turnover Comparison

For the Pollution & Treatment Controls subindustry, PCT'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.


PCT Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PCT's Receivables Turnover distribution charts can be found below:

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



PCT Receivables Turnover Calculation

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

PCT's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=1.281 / ((0.35 + 0.096) / 2 )
=1.281 / 0.223
=5.74

PCT's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=0.289 / ((0.098 + 0.025) / 2 )
=0.289 / 0.0615
=4.70

* 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 4.70 mean?
PCT (PCTL) has a Receivables Turnover of 4.70 as of Sep. 2022. 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 PCT and its competitors.
Is PCT's Receivables Turnover too high?
PCT's current Receivables Turnover is 4.70. The Industrial Products industry median Receivables Turnover is 4.45. PCT's value of 4.70 is 5.6% above this industry median.
How does PCT's Receivables Turnover compare to EAWD and TOMZ?
PCT's Receivables Turnover of 4.70 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. PCT's value of 4.70 is 5.6% above 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,024 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. PCT's current Receivables Turnover of 4.70 is 5.6% above 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 PCT and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCT's current Receivables Turnover is 4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCT stock overvalued right now?
PCT (PCTL) has a current Receivables Turnover of 4.70. The current Receivables Turnover is 4.70 and 5.6% above the Industrial Products industry median of 4.45. 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 PCT (PCTL), the current Receivables Turnover is 4.70 as of Sep. 2022. 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.

PCT Business Description

Address 4235 Commerce Street, Little River, SC, USA, 29566
PCT Ltd is a technology licensing company specializing in environmentally safe solutions for global sustainability. The company provides innovative products and technologies for eliminating contamination from water supplies, industrial fluids, hard surfaces, food processing equipment, and medical devices. The company markets new products and technologies for the Healthcare, Agriculture, and Oil & Gas industries. It designs, develops, integrates, assembles and commercializes technologies, products and systems targeted at the prevention and treatment of infectious disease and crop infestation. Its products include The Annihilyzer System, Large Volume Systems, Small Volume Systems, The Survivalyte System, and others.