PRPI (Perpetual Industries) Receivables Turnover: 91.15 (As of Dec. 2022)


What is Perpetual Industries Receivables Turnover?

Perpetual Industries PRPI +0.03% Receivables Turnover is 91.15 as of Dec. 2022.

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. Perpetual Industries's Revenue for the six months ended in Dec. 2022 was $5.24 Mil. Perpetual Industries's average Accounts Receivable for the six months ended in Dec. 2022 was $0.06 Mil. Hence, Perpetual Industries's Receivables Turnover for the six months ended in Dec. 2022 was 91.15.

Perpetual Industries  (OTCPK:PRPI) 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.

Perpetual Industries Receivables Turnover Related Terms

Perpetual Industries Receivables Turnover Historical Data

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The historical data trend for Perpetual Industries'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.

Perpetual Industries Receivables Turnover Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Receivables Turnover
92.00 157.00 38.00 174.12 91.15

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Receivables Turnover 92.00 157.00 38.00 174.12 91.15

PRPI vs BRBL, JKSM, ATVK: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Perpetual Industries'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.

Perpetual Industries Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Perpetual Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Perpetual Industries's Receivables Turnover falls into.


Perpetual Industries Receivables Turnover Calculation

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

Perpetual Industries's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=5.241 / ((0.096 + 0.019) / 2 )
=5.241 / 0.0575
=91.15

Perpetual Industries's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=5.241 / ((0.096 + 0.019) / 2 )
=5.241 / 0.0575
=91.15

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 91.15 mean?
Perpetual Industries (PRPI) has a Receivables Turnover of 91.15 as of Dec. 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 Perpetual Industries and its competitors.
Is Perpetual Industries' Receivables Turnover too high?
Perpetual Industries' current Receivables Turnover is 91.15. The Industrial Products industry median Receivables Turnover is 4.44. Perpetual Industries' value of 91.15 is 1952.9% above this industry median.
How does Perpetual Industries' Receivables Turnover compare to BRBL and JKSM?
Perpetual Industries' Receivables Turnover of 91.15 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.44. Perpetual Industries' value of 91.15 is 1952.9% above 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 4.44, based on 3,029 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. Perpetual Industries's current Receivables Turnover of 91.15 is 1952.9% above 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 Perpetual Industries and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perpetual Industries's current Receivables Turnover is 91.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Receivables Turnover of 91.15. The current Receivables Turnover is 91.15 and 1952.9% above the Industrial Products industry median of 4.44. 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 Perpetual Industries (PRPI), the current Receivables Turnover is 91.15 as of Dec. 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.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.