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Pet Service Holding NV (XPAR:MLPET) Receivables Turnover : 44.74 (As of Dec. 2023)


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What is Pet Service Holding NV 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. Pet Service Holding NV's Revenue for the six months ended in Dec. 2023 was €1.21 Mil. Pet Service Holding NV's average Accounts Receivable for the six months ended in Dec. 2023 was €0.03 Mil. Hence, Pet Service Holding NV's Receivables Turnover for the six months ended in Dec. 2023 was 44.74.

Pet Service Holding NV Receivables Turnover Historical Data

The historical data trend for Pet Service Holding NV'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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Pet Service Holding NV Receivables Turnover Chart

Pet Service Holding NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
- 16.33 21.61 46.73 44.74

Pet Service Holding NV Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover - 16.33 21.61 46.73 44.74

Competitive Comparison of Pet Service Holding NV's Receivables Turnover

For the Internet Retail subindustry, Pet Service Holding NV'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.

Pet Service Holding NV's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pet Service Holding NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pet Service Holding NV's Receivables Turnover falls into.


Pet Service Holding NV Receivables Turnover Calculation

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

Pet Service Holding NV'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 )
=1.208 / ((0.047 + 0.007) / 2 )
=1.208 / 0.027
=44.74

Pet Service Holding NV's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=1.208 / ((0.047 + 0.007) / 2 )
=1.208 / 0.027
=44.74

* 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.

Pet Service Holding NV  (XPAR:MLPET) 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.

Pet Service Holding NV Receivables Turnover Related Terms

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Pet Service Holding NV (XPAR:MLPET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pet Service Holding NV (XPAR:MLPET) » Definitions » Receivables Turnover
Comparable Companies
XPAR:ALSPT XPAR:ALVAP AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689 BOM:543320 CHWY TSE:4755 VIPS WAR:ALE ETSY CART XTER:DHER
Traded in Other Exchanges
N/A
Address
Industrieweg 16, Wormerveer, NLD, 1521
Website
https://www.petserviceholding.com
Pet Service Holding NV is a European provider of products and services for pets and pet owners. The company specializes in the online sale of medicines, food products, and accessories for pets. The Group operates the following online shops: Dierenapotheek.nl and Drpetcare and sells OTC Medicines for pets. The company also offers PetApp which is a smartphone application that provides users with access to an online pet supply store, storage solutions for data relating to pets, and the option to receive news and information about pet events. The Group is also actively developing a tracker for pets (the PetTracker) and intends to integrate the tracking option into the PetApp.

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