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Prima Meat Packers (TSE:2281) Receivables Turnover : 1.98 (As of Mar. 2025)


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What is Prima Meat Packers 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. Prima Meat Packers's Revenue for the three months ended in Mar. 2025 was 円108,069 Mil. Prima Meat Packers's average Accounts Receivable for the three months ended in Mar. 2025 was 円54,485 Mil. Hence, Prima Meat Packers's Receivables Turnover for the three months ended in Mar. 2025 was 1.98.


Prima Meat Packers Receivables Turnover Historical Data

The historical data trend for Prima Meat Packers'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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Prima Meat Packers Receivables Turnover Chart

Prima Meat Packers Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.11 9.61 9.51 9.05 9.08

Prima Meat Packers Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.88 2.15 2.45 2.23 1.98

Competitive Comparison of Prima Meat Packers's Receivables Turnover

For the Packaged Foods subindustry, Prima Meat Packers'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.


Prima Meat Packers's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Prima Meat Packers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Prima Meat Packers's Receivables Turnover falls into.


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Prima Meat Packers Receivables Turnover Calculation

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

Prima Meat Packers's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=458354 / ((52592 + 48383) / 2 )
=458354 / 50487.5
=9.08

Prima Meat Packers's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=108069 / ((60586 + 48383) / 2 )
=108069 / 54484.5
=1.98

* 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.


Prima Meat Packers  (TSE:2281) 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.


Prima Meat Packers Receivables Turnover Related Terms

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Prima Meat Packers Business Description

Traded in Other Exchanges
N/A
Address
4-12-2 Higashi-Shinagawa, Seaside West Tower, Tokyo, JPN, 140-5829
Prima Meat Packers Ltd is engaged in the manufacture and sale of ham, sausage, meat, and processed foods. The company, affiliated with Itochu Corp, produces vacuum-packed food products including hamburgers and meatballs.

Prima Meat Packers Headlines

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