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PBS Finanse (WAR:PBF) Receivables Turnover : 3.46 (As of Sep. 2024)


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What is PBS Finanse 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. PBS Finanse's Revenue for the three months ended in Sep. 2024 was zł0.08 Mil. PBS Finanse's average Accounts Receivable for the three months ended in Sep. 2024 was zł0.02 Mil. Hence, PBS Finanse's Receivables Turnover for the three months ended in Sep. 2024 was 3.46.


PBS Finanse Receivables Turnover Historical Data

The historical data trend for PBS Finanse'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.

* Premium members only.

PBS Finanse Receivables Turnover Chart

PBS Finanse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.67 14.10 26.41 45.06 36.30

PBS Finanse Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 18.78 2.83 16.55 16.94 3.46

Competitive Comparison of PBS Finanse's Receivables Turnover

For the Credit Services subindustry, PBS Finanse'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.


PBS Finanse's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PBS Finanse's Receivables Turnover distribution charts can be found below:

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


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PBS Finanse Receivables Turnover Calculation

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

PBS Finanse'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 )
=0.962 / ((0.027 + 0.026) / 2 )
=0.962 / 0.0265
=36.30

PBS Finanse's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=0.083 / ((0.023 + 0.025) / 2 )
=0.083 / 0.024
=3.46

* 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.


PBS Finanse  (WAR:PBF) 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.


PBS Finanse Receivables Turnover Related Terms

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PBS Finanse Business Description

Traded in Other Exchanges
N/A
Address
ul. Mickiewicza 29, Sanok, POL, 38-500
PBS Finanse SA is a financial service provider to individuals and corporate customers. The company focuses on three areas namely credit intermediation, fast loan, and financial leasing. It also provides services in factoring, insurance, loan, and debt collection sector as well as operations related to software and consultancy in the field of Computer Science and related activities.