Jamaica Producers Group (XJAM:JP) Receivables Turnover : 0.79 (As of Dec. 2024)

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What is Jamaica Producers Group 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. Jamaica Producers Group's Revenue for the three months ended in Dec. 2024 was JMD30.7 Mil. Jamaica Producers Group's average Accounts Receivable for the three months ended in Dec. 2024 was JMD39.0 Mil. Hence, Jamaica Producers Group's Receivables Turnover for the three months ended in Dec. 2024 was 0.79.

Jamaica Producers Group Receivables Turnover Historical Data

The historical data trend for Jamaica Producers Group'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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Jamaica Producers Group Receivables Turnover Chart

Jamaica Producers Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

8.81

10.07

10.53

4.89

4.19

Jamaica Producers Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															0.85	1.08	0.71	0.90	0.79

Competitive Comparison of Jamaica Producers Group's Receivables Turnover

For the Food Distribution subindustry, Jamaica Producers Group'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.

Jamaica Producers Group's Receivables Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jamaica Producers Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jamaica Producers Group's Receivables Turnover falls into.

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Jamaica Producers Group Receivables Turnover Calculation

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

Jamaica Producers Group's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	116.008	/ (	(15.603	+	39.825)	/	2 )
=	116.008	/	27.714
=	4.19

Jamaica Producers Group's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	30.714	/ (	(38.268	+	39.825)	/	2 )
=	30.714	/	39.0465
=	0.79

Jamaica Producers Group (XJAM:JP) 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.

Jamaica Producers Group Receivables Turnover Related Terms

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Jamaica Producers Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Jamaica Producers Group Ltd (XJAM:JP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Knutsford Boulevard, 10th Floor, Kingston, JAM, 5

Website

https://www.jpjamaica.com

Jamaica Producers Group Ltd is a company that is organized into three segments - JP Food and Drink, which comprises businesses that are engaged in agriculture, processing, distribution and retail of food and drink; JP Logistics and Infrastructure, which comprises businesses that are engaged in logistics, transportation, port operations, construction aggregates, and related industries; Corporate Services comprises interest and investment income. The JP Food and Drink segment generates maximum revenue for the company. Geographically the company is spread across Europe ,Caribbean and North America.

Jamaica Producers Group Headlines

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