Prima Moda (WAR:PMA) Receivables Turnover: 0.55 (As of Mar. 2023)

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WAR:PMA Prima Moda SA WAR:PMA
4 GF Score
Price zł0.84
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What is Prima Moda Receivables Turnover?

Prima Moda WAR:PMA 4 Receivables Turnover is 0.55 as of Mar. 2023. GuruFocus rates WAR:PMA with a GF Score™ of 4/100.

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 Moda's Revenue for the three months ended in Mar. 2023 was zł0.72 Mil. Prima Moda's average Accounts Receivable for the three months ended in Mar. 2023 was zł1.32 Mil. Hence, Prima Moda's Receivables Turnover for the three months ended in Mar. 2023 was 0.55.


Prima Moda  (WAR:PMA) 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 Moda Receivables Turnover Related Terms


Prima Moda Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Prima Moda'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.

Prima Moda Receivables Turnover Chart

Prima Moda Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 28.97 17.80 24.33

Prima Moda Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 4.90 8.14 1.73 1.55 0.55

WAR:PMA vs NKE, DECK, ONON: Receivables Turnover Comparison

For the Footwear & Accessories subindustry, Prima Moda'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 Moda Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prima Moda's Receivables Turnover distribution charts can be found below:

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


WAR:PMA
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Prima Moda SA WAR:PMA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Prima Moda Receivables Turnover Calculation

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

Prima Moda's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=13.174 / ((0.897 + 0.186) / 2 )
=13.174 / 0.5415
=24.33

Prima Moda's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=0.723 / ((1.638 + 0.993) / 2 )
=0.723 / 1.3155
=0.55

* 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 0.55 mean?
Prima Moda (WAR:PMA) has a Receivables Turnover of 0.55 as of Mar. 2023. 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 Prima Moda and its competitors.
Is Prima Moda's Receivables Turnover too high?
Prima Moda's current Receivables Turnover is 0.55. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.91. Prima Moda's value of 0.55 is 92% below this industry median. Overall, Prima Moda has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Prima Moda's Receivables Turnover compare to NKE and DECK?
Prima Moda's Receivables Turnover of 0.55 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.91. Prima Moda's value of 0.55 is 92% below 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 a Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.91, based on 1,034 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. Prima Moda's current Receivables Turnover of 0.55 is 92% below 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 Prima Moda and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prima Moda's current Receivables Turnover is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Moda stock overvalued right now?
Prima Moda (WAR:PMA) has a current Receivables Turnover of 0.55. The current Receivables Turnover is 0.55 and 92% below the Manufacturing - Apparel & Accessories industry median of 6.91. Prima Moda's overall GF Score™ is 4/100. 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 Prima Moda (WAR:PMA), the current Receivables Turnover is 0.55 as of Mar. 2023. 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.

Prima Moda Business Description

Address ul. Parafialna 27, Wroclaw, POL, 52-233
Prima Moda SA is engaged in the retail sale of men's and women's footwear, leather goods and accessories. Its products includes small and large handbags, shoes, boots, snowboots, sandals, slippers, moccasins, clutches, belts, socks, wallets, glasses, keyrings, hats and scarves, bracelets and others.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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