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Proliance International (Proliance International) Receivables Turnover : 1.18 (As of Mar. 2009)


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What is Proliance International 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. Proliance International's Revenue for the three months ended in Mar. 2009 was $61.0 Mil. Proliance International's average Accounts Receivable for the three months ended in Mar. 2009 was $51.5 Mil. Hence, Proliance International's Receivables Turnover for the three months ended in Mar. 2009 was 1.18.


Proliance International Receivables Turnover Historical Data

The historical data trend for Proliance International'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.

Proliance International Receivables Turnover Chart

Proliance International Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 6.40 7.14 6.66 5.98

Proliance International Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 1.27 1.49 1.29 1.20 1.18

Competitive Comparison of Proliance International's Receivables Turnover

For the Auto Parts subindustry, Proliance International'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.


Proliance International's Receivables Turnover Distribution in the Vehicles & Parts Industry

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

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



Proliance International Receivables Turnover Calculation

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

Proliance International's Receivables Turnover for the fiscal year that ended in Dec. 2008 is calculated as

Receivables Turnover (A: Dec. 2008 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2008 ) / ((Accounts Receivable (A: Dec. 2007 ) + Accounts Receivable (A: Dec. 2008 )) / count )
=350.067 / ((60.153 + 57.005) / 2 )
=350.067 / 58.579
=5.98

Proliance International's Receivables Turnover for the quarter that ended in Mar. 2009 is calculated as

Receivables Turnover (Q: Mar. 2009 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2009 ) / ((Accounts Receivable (Q: Dec. 2008 ) + Accounts Receivable (Q: Mar. 2009 )) / count )
=60.978 / ((57.005 + 45.924) / 2 )
=60.978 / 51.4645
=1.18

* 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.


Proliance International  (OTCPK:PLNTQ) 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.


Proliance International Receivables Turnover Related Terms

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Proliance International (Proliance International) Business Description

Traded in Other Exchanges
N/A
Address
100 Gando Drive, New Haven, CT, USA, 06513
Proliance International Inc designs, manufactures and markets heat exchange products and temperature control parts for the automotive and light truck aftermarket.
Executives
Arlen F Henock officer: Exec VP and CFO
Paul R Lederer director 233 S PATTERSON, SPRINGFIELD MO 65802
Abraham William J Jr director FOLEY & LARDNER, 777 EAST WISCONSIN AVENUE, MILWAUKEE WI 63202
Vincent L Martin director
James R Rulseh director 5001 N SECOND STREET, ROCKFORD IL 61111
Bradley C Richardson director
Sharon M Oster director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Michael T Yonker director 5001 NORTH SECOND STREET, ROCKFORD IL 61111
Philip W Colburn director 11611 SAN VICENTE BLVD, SUITE 505, LOS ANGELES CA 90049

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