Promotora de Informaciones (FRA:PZ41) Receivables Turnover

: 0.90 (As of Sep. 2023)

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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. Promotora de Informaciones's Revenue for the three months ended in Sep. 2023 was €237.6 Mil. Promotora de Informaciones's average Accounts Receivable for the three months ended in Sep. 2023 was €262.8 Mil. Hence, Promotora de Informaciones's Receivables Turnover for the three months ended in Sep. 2023 was 0.90.

Promotora de Informaciones Receivables Turnover Historical Data

The historical data trend for Promotora de Informaciones'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.

Promotora de Informaciones Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

2.73

2.52

2.21

2.82

3.02

Promotora de Informaciones Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover																0.85	0.91	0.92	0.62	0.90

Competitive Comparison

For the Publishing subindustry, Promotora de Informaciones'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.

Promotora de Informaciones Receivables Turnover Distribution

For the Media - Diversified industry and Communication Services sector, Promotora de Informaciones's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Promotora de Informaciones's Receivables Turnover falls into.

Promotora de Informaciones Receivables Turnover Calculation

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

Promotora de Informaciones's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	830.764	/ (	(265.004	+	285.536)	/	2 )
=	830.764	/	275.27
=	3.02

Promotora de Informaciones's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	237.6	/ (	(239.062	+	286.5)	/	2 )
=	237.6	/	262.781
=	0.90

Promotora de Informaciones (FRA:PZ41) 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.

Promotora de Informaciones Receivables Turnover Related Terms

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Promotora de Informaciones (FRA:PZ41) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Promotora de Informaciones SA (FRA:PZ41) » Definitions » Receivables Turnover

Traded in Other Exchanges

0R7W:UK PRS:Spain

Address

Gran Via, 32, Madrid, ESP, 28013

Website

http://www.prisa.com

Promotora de Informaciones SA operates under the commercial name 'Prisa' which is a multimedia group in Spain and Portugal. The business is operated through various segment which includes Education, Radio, Press, and others. Its Education segment includes primarily the sale of educational books and the services and materials related to the education systems. Geographically, it operates in Spain, Portugal, Chile, Brazil, Mexico, and other countries out of which Spain accounts for most of the revenue for the company.

Promotora de Informaciones (FRA:PZ41) Headlines

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