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. Phoenix Rising Co's Revenue for the
three
months ended in Sep. 2022 was $4.28 Mil. Phoenix Rising Co's average Accounts Receivable for the
three
months ended in Sep. 2022 was $7.90 Mil.
Hence, Phoenix Rising Co's Receivables Turnover for the
three
months ended in Sep. 2022 was 0.54.
Phoenix Rising Co (OTCPK:PRCX) 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.
Phoenix Rising Co Receivables Turnover Related Terms
Phoenix Rising Co Receivables Turnover Historical Data
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The historical data trend for Phoenix Rising Co'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.
PRCX vs FOMC, GLAE, FXBY: Receivables Turnover Comparison
For the Asset Management subindustry, Phoenix Rising Co'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.
Phoenix Rising Co Receivables Turnover vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Phoenix Rising Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Phoenix Rising Co'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.
Phoenix Rising Co (PRCX) has a Receivables Turnover of 0.54 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 Phoenix Rising Co and its competitors.
Is Phoenix Rising Co's Receivables Turnover too high?
Phoenix Rising Co's current Receivables Turnover is 0.54. The Asset Management industry median Receivables Turnover is 7.96. Phoenix Rising Co's value of 0.54 is 93.2% below this industry median. Overall, Phoenix Rising Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Rising Co's Receivables Turnover compare to FOMC and GLAE?
Phoenix Rising Co's Receivables Turnover of 0.54 can be compared against companies in the Asset Management industry. The industry median Receivables Turnover is 7.96. Phoenix Rising Co's value of 0.54 is 93.2% 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 Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.96, based on 526 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. Phoenix Rising Co's current Receivables Turnover of 0.54 is 93.2% 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 Phoenix Rising Co and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Rising Co's current Receivables Turnover is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Rising Co stock overvalued right now?
Phoenix Rising Co (PRCX) has a current Receivables Turnover of 0.54. The current Receivables Turnover is 0.54 and 93.2% below the Asset Management industry median of 7.96. Phoenix Rising Co's 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 Phoenix Rising Co (PRCX), the current Receivables Turnover is 0.54 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.
Phoenix Rising Co makes investments and acquisitions into sound, transparent markets and industries throughout the world. The company is principally engaged in the trading of oil, gas and lubricant,.
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