TCLAF (Transcontinental) Receivables Turnover : 1.38 (As of Jan. 2025)

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What is Transcontinental 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. Transcontinental's Revenue for the three months ended in Jan. 2025 was $447 Mil. Transcontinental's average Accounts Receivable for the three months ended in Jan. 2025 was $323 Mil. Hence, Transcontinental's Receivables Turnover for the three months ended in Jan. 2025 was 1.38.

Transcontinental Receivables Turnover Historical Data

The historical data trend for Transcontinental'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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Transcontinental Receivables Turnover Chart

Transcontinental Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Receivables Turnover

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5.92

6.52

6.04

6.22

6.26

Transcontinental Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Receivables Turnover	Get a 7-Day Free Trial															1.53	1.51	1.55	1.65	1.38

Competitive Comparison of Transcontinental's Receivables Turnover

For the Packaging & Containers subindustry, Transcontinental'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.

Transcontinental's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Transcontinental's Receivables Turnover distribution charts can be found below:

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

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Transcontinental Receivables Turnover Calculation

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

Transcontinental's Receivables Turnover for the fiscal year that ended in Oct. 2024 is calculated as

	Receivables Turnover (A: Oct. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Oct. 2024 )	/ (	(Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Oct. 2024 ))	/	count )
=	2044.705	/ (	(326.648	+	326.379)	/	2 )
=	2044.705	/	326.5135
=	6.26

Transcontinental's Receivables Turnover for the quarter that ended in Jan. 2025 is calculated as

	Receivables Turnover (Q: Jan. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jan. 2025 )	/ (	(Accounts Receivable (Q: Oct. 2024 )	+	Accounts Receivable (Q: Jan. 2025 ))	/	count )
=	446.869	/ (	(326.379	+	319.967)	/	2 )
=	446.869	/	323.173
=	1.38

Transcontinental (OTCPK:TCLAF) 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.

Transcontinental Receivables Turnover Related Terms

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Transcontinental Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Transcontinental Inc (OTCPK:TCLAF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TCL.B:Canada TCL.A:Canada

Address

1 Place Ville Marie, Suite 3240, Affaires Juridiques, A/s Caroline Hamel, Montreal, QC, CAN, H3B 0G1

Website

https://www.tctranscontinental.com

Transcontinental Inc or TC Transcontinental is a Canadian printer and flexible packaging provider that operates in three segments: packaging, Printing and Media, and Retail Services. The Packaging Sector, which specializes in extrusion, lamination, printing, and converting packaging solutions, generates revenues from the manufacturing of flexible plastic, including roll stock, labels, die cut lids, shrink films, bags and pouches and coatings. The Retail Services and Printing is mainly into integrated retail service offering, including content solutions, marketing and media solutions which comprises of flyer retail printing, digital flyer solutions and retail analytics, as well as in-store marketing solutions. Geographically in Canada, USA, UK. Maximum Revenue is gained from USA.