PFTI (Puradyn Filter Technologies) Receivables Turnover: 18.37 (As of Dec. 2019)

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PFTI Puradyn Filter Technologies Inc PFTI
12 GF Score
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What is Puradyn Filter Technologies Receivables Turnover?

Puradyn Filter Technologies PFTI 12 Receivables Turnover is 18.37 as of Dec. 2019. GuruFocus rates PFTI with a GF Score™ of 12/100.

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. Puradyn Filter Technologies's Revenue for the three months ended in Dec. 2019 was $0.25 Mil. Puradyn Filter Technologies's average Accounts Receivable for the three months ended in Dec. 2019 was $0.01 Mil. Hence, Puradyn Filter Technologies's Receivables Turnover for the three months ended in Dec. 2019 was 18.37.


Puradyn Filter Technologies  (OTCPK:PFTI) 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.


Puradyn Filter Technologies Receivables Turnover Related Terms


Puradyn Filter Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies Receivables Turnover Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.31 10.37 8.47 14.88 9.97

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 1.77 2.36 4.49 6.00 18.37

PFTI vs CSHEF, FLES, OMTK: Receivables Turnover Comparison

For the Auto Parts subindustry, Puradyn Filter Technologies'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.


Puradyn Filter Technologies Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Puradyn Filter Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Puradyn Filter Technologies's Receivables Turnover falls into.


PFTI
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Puradyn Filter Technologies Inc PFTI
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Puradyn Filter Technologies Receivables Turnover Calculation

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

Puradyn Filter Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=1.526 / ((0.294 + 0.012) / 2 )
=1.526 / 0.153
=9.97

Puradyn Filter Technologies's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

Receivables Turnover (Q: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2019 ) / ((Accounts Receivable (Q: Sep. 2019 ) + Accounts Receivable (Q: Dec. 2019 )) / count )
=0.248 / ((0.015 + 0.012) / 2 )
=0.248 / 0.0135
=18.37

* 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 18.37 mean?
Puradyn Filter Technologies (PFTI) has a Receivables Turnover of 18.37 as of Dec. 2019. 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 Puradyn Filter Technologies and its competitors.
Is Puradyn Filter Technologies' Receivables Turnover too high?
Puradyn Filter Technologies' current Receivables Turnover is 18.37. The Vehicles & Parts industry median Receivables Turnover is 5.98. Puradyn Filter Technologies' value of 18.37 is 207.2% above this industry median. Overall, Puradyn Filter Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Puradyn Filter Technologies' Receivables Turnover compare to CSHEF and FLES?
Puradyn Filter Technologies' Receivables Turnover of 18.37 can be compared against companies in the Vehicles & Parts industry. The industry median Receivables Turnover is 5.98. Puradyn Filter Technologies' value of 18.37 is 207.2% 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 a Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.98, based on 1,315 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. Puradyn Filter Technologies's current Receivables Turnover of 18.37 is 207.2% 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 Puradyn Filter Technologies and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Puradyn Filter Technologies's current Receivables Turnover is 18.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puradyn Filter Technologies stock overvalued right now?
Puradyn Filter Technologies (PFTI) has a current Receivables Turnover of 18.37. The current Receivables Turnover is 18.37 and 207.2% above the Vehicles & Parts industry median of 5.98. Puradyn Filter Technologies' overall GF Score™ is 12/100. 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 Puradyn Filter Technologies (PFTI), the current Receivables Turnover is 18.37 as of Dec. 2019. 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.

Puradyn Filter Technologies Business Description

Address 2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc is involved in designing manufacturing and distributing Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid, and gaseous contaminants from the oil through the filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
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