Puregold Price Club (Puregold Price Club) Receivables Turnover : 32.91 (As of Dec. 2023)

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What is Puregold Price Club 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. Puregold Price Club's Revenue for the three months ended in Dec. 2023 was $1,040 Mil. Puregold Price Club's average Accounts Receivable for the three months ended in Dec. 2023 was $32 Mil. Hence, Puregold Price Club's Receivables Turnover for the three months ended in Dec. 2023 was 32.91.

Puregold Price Club Receivables Turnover Historical Data

The historical data trend for Puregold Price Club'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.

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Puregold Price Club Receivables Turnover Chart

Puregold Price Club Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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55.80

88.13

110.02

101.98

80.02

Puregold Price Club Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															37.74	31.05	77.86	59.54	32.91

Competitive Comparison of Puregold Price Club's Receivables Turnover

For the Department Stores subindustry, Puregold Price Club'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.

Puregold Price Club's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Puregold Price Club's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Puregold Price Club's Receivables Turnover falls into.

Puregold Price Club Receivables Turnover Calculation

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

Puregold Price Club's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	3463.623	/ (	(39.959	+	46.608)	/	2 )
=	3463.623	/	43.2835
=	80.02

Puregold Price Club's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1039.5	/ (	(16.564	+	46.608)	/	2 )
=	1039.5	/	31.586
=	32.91

Puregold Price Club (OTCPK:PRGLY) 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.

Puregold Price Club Receivables Turnover Related Terms

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Puregold Price Club (Puregold Price Club) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Puregold Price Club Inc (OTCPK:PRGLY) » Definitions » Receivables Turnover

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PGOLD:Philippines

Address

No. 900 Romualdez Street, 2nd Floor, Tabacalera Building, Paco, Manila, PHL, 1007

Website

https://www.puregold.com.ph

Puregold Price Club Inc is involved in the business of trading goods such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods). The stores are classified as Hypermarkets, Supermarkets, Extras and Mini-marts. Hypermarkets offer a wide variety of food and non-food products. Supermarkets offer a higher proportion of food to non-food products. Mini-marts serves as a community store, selling fast-moving essential goods to high-density neighbourhoods.