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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. Pacific Green Technologies's Revenue for the
three
months ended in Dec. 2024 was $1.52 Mil. Pacific Green Technologies's average Accounts Receivable for the
three
months ended in Dec. 2024 was $1.19 Mil.
Hence, Pacific Green Technologies's Receivables Turnover for the
three
months ended in Dec. 2024 was 1.27.
Pacific Green Technologies (OTCPK:PGTK) 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.
Pacific Green Technologies Receivables Turnover Related Terms
Pacific Green Technologies Receivables Turnover Historical Data
* 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.
Pacific Green Technologies Receivables Turnover Chart
PGTK vs DEVS, QWTR, EESH: Receivables Turnover Comparison
For the Pollution & Treatment Controls subindustry, Pacific Green 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.
Pacific Green Technologies Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pacific Green Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Pacific Green Technologies's Receivables Turnover falls into.
* 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.
Pacific Green Technologies (PGTK) has a Receivables Turnover of 1.27 as of Dec. 2024. 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 Pacific Green Technologies and its competitors.
Is Pacific Green Technologies' Receivables Turnover too high?
Pacific Green Technologies' current Receivables Turnover is 1.27. The Industrial Products industry median Receivables Turnover is 4.51. Pacific Green Technologies' value of 1.27 is 71.8% below this industry median.
How does Pacific Green Technologies' Receivables Turnover compare to DEVS and QWTR?
Pacific Green Technologies' Receivables Turnover of 1.27 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.51. Pacific Green Technologies' value of 1.27 is 71.8% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,046 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. Pacific Green Technologies's current Receivables Turnover of 1.27 is 71.8% 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 Pacific Green Technologies and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Green Technologies's current Receivables Turnover is 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Green Technologies stock overvalued right now?
Pacific Green Technologies (PGTK) has a current Receivables Turnover of 1.27. The current Receivables Turnover is 1.27 and 71.8% below the Industrial Products industry median of 4.51. 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 Pacific Green Technologies (PGTK), the current Receivables Turnover is 1.27 as of Dec. 2024. 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.
Pacific Green Technologies Inc is engaged in developing emission control systems technology. The company design, manufactures, and implements flue gas emission control systems throughout the world. It offers a product such as ENVI-Marine for the marine industry, ENVI-Pure for the waste-to-energy and biomass industries, and ENVI-Clean is designed for coal-fired power electricity generation and industrial plants involved in steel generation. Geographically, it has a presence in North America, Asia, and Europe of which it derives a majority of its revenue from the Europe region.
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