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Central Azucarera De Tarlac (PHS:CAT) Receivables Turnover : 2.66 (As of Mar. 2024)


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What is Central Azucarera De Tarlac 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. Central Azucarera De Tarlac's Revenue for the three months ended in Mar. 2024 was ₱674 Mil. Central Azucarera De Tarlac's average Accounts Receivable for the three months ended in Mar. 2024 was ₱253 Mil. Hence, Central Azucarera De Tarlac's Receivables Turnover for the three months ended in Mar. 2024 was 2.66.


Central Azucarera De Tarlac Receivables Turnover Historical Data

The historical data trend for Central Azucarera De Tarlac'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.

* Premium members only.

Central Azucarera De Tarlac Receivables Turnover Chart

Central Azucarera De Tarlac Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.26 18.41 20.63 36.27 34.86

Central Azucarera De Tarlac Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.71 0.87 1.39 2.69 2.66

Competitive Comparison of Central Azucarera De Tarlac's Receivables Turnover

For the Confectioners subindustry, Central Azucarera De Tarlac'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.


Central Azucarera De Tarlac's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Central Azucarera De Tarlac's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Central Azucarera De Tarlac's Receivables Turnover falls into.



Central Azucarera De Tarlac Receivables Turnover Calculation

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

Central Azucarera De Tarlac's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=1486.759 / ((23.931 + 61.38) / 2 )
=1486.759 / 42.6555
=34.86

Central Azucarera De Tarlac'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: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=673.817 / ((102.026 + 404.798) / 2 )
=673.817 / 253.412
=2.66

* 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.


Central Azucarera De Tarlac  (PHS:CAT) 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.


Central Azucarera De Tarlac Receivables Turnover Related Terms

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Central Azucarera De Tarlac (PHS:CAT) Business Description

Traded in Other Exchanges
N/A
Address
San miguel, Tarlac, PHL, 1231
Central Azucarera De Tarlac Inc is a company engaged in the business of sugar milling. It engages in the production of raw and refined sugar, alcohol, liquid carbon dioxide and yeast. It operates through the following segments: Sugar and by-Products, Real estate and Industrial services. The Sugar and by-Products segment involve the production of sugar and sugar by-products. Real estate and Industrial services include developing, leasing and selling real properties and other ancillary services. The Sugar and By-Products segment accounts majorly in the firm's revenue while it principally operates in the Philippines.

Central Azucarera De Tarlac (PHS:CAT) Headlines

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