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Pleasant Hotels International lnc (ROCO:2718) Receivables Turnover : 288.28 (As of Mar. 2024)


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What is Pleasant Hotels International lnc 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. Pleasant Hotels International lnc's Revenue for the three months ended in Mar. 2024 was NT$300 Mil. Pleasant Hotels International lnc's average Accounts Receivable for the three months ended in Mar. 2024 was NT$1 Mil. Hence, Pleasant Hotels International lnc's Receivables Turnover for the three months ended in Mar. 2024 was 288.28.


Pleasant Hotels International lnc Receivables Turnover Historical Data

The historical data trend for Pleasant Hotels International lnc'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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Pleasant Hotels International lnc Receivables Turnover Chart

Pleasant Hotels International lnc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.28 14.41 17.00 611.03

Pleasant Hotels International lnc Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 127.12 197.65 113.00 213.58 288.28

Competitive Comparison of Pleasant Hotels International lnc's Receivables Turnover

For the Lodging subindustry, Pleasant Hotels International lnc'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.


Pleasant Hotels International lnc's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pleasant Hotels International lnc's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pleasant Hotels International lnc's Receivables Turnover falls into.



Pleasant Hotels International lnc Receivables Turnover Calculation

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

Pleasant Hotels International lnc'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 )
=2175.576 / ((6.311 + 0.81) / 2 )
=2175.576 / 3.5605
=611.03

Pleasant Hotels International lnc's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=300.098 / ((0.81 + 1.272) / 2 )
=300.098 / 1.041
=288.28

* 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.


Pleasant Hotels International lnc  (ROCO:2718) 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.


Pleasant Hotels International lnc Receivables Turnover Related Terms

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Pleasant Hotels International lnc (ROCO:2718) Business Description

Traded in Other Exchanges
N/A
Address
No. 890, Jingguo Road, Luzhu District, Taoyuan, TWN, 33050
Pleasant Hotels International lnc is engaged in entrusting constructors to build and sell congregate housing. It offers spacious and comfortable guest Room service and Dining Services.

Pleasant Hotels International lnc (ROCO:2718) Headlines

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