Peiport Holdings (Peiport Holdings) Receivables Turnover : 2.24 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Peiport Holdings 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. Peiport Holdings's Revenue for the six months ended in Dec. 2023 was $18.90 Mil. Peiport Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $8.44 Mil. Hence, Peiport Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 2.24.

Peiport Holdings Receivables Turnover Historical Data

The historical data trend for Peiport Holdings'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.

Peiport Holdings Receivables Turnover Chart

Peiport Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

2.95

3.57

3.25

2.99

3.88

Peiport Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial											1.80	1.32	1.71	1.81	2.24

Competitive Comparison of Peiport Holdings's Receivables Turnover

For the Security & Protection Services subindustry, Peiport Holdings'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.

Peiport Holdings's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Peiport Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Peiport Holdings's Receivables Turnover falls into.

Peiport Holdings Receivables Turnover Calculation

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

Peiport Holdings'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 )
=	33.808	/ (	(8.493	+	8.931)	/	2 )
=	33.808	/	8.712
=	3.88

Peiport Holdings'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: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	18.904	/ (	(7.939	+	8.931)	/	2 )
=	18.904	/	8.435
=	2.24

Peiport Holdings (OTCPK:PPRTF) 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.

Peiport Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Peiport Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Peiport Holdings (Peiport Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Peiport Holdings Ltd (OTCPK:PPRTF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

02885:Hong Kong

Address

No. 29 Leighton Road, Suite 602, Chinachem Leighton Plaza, 6 Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.peiport.com

Peiport Holdings Ltd is engaged in the provision of thermal imaging products and services; self-stabilised imaging products and services; and general aviation products and services. The company's segments include thermal imaging products and services, self-stabilised imaging products and services, and general aviation products and services. The products and services in thermal imaging segment are divided into three categories products under its own brand name, PTi; products of other brands; and thermal imaging inspection services. It operates in Mainland China, Hong Kong and Macau, and Overseas, with majority of the revenue deriving from Mainland China.

Peiport Holdings (Peiport Holdings) Headlines

No Headlines