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Pacific Metals Co (TSE:5541) Receivables Turnover : 0.64 (As of Dec. 2023)


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What is Pacific Metals Co 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. Pacific Metals Co's Revenue for the three months ended in Dec. 2023 was 円3,843 Mil. Pacific Metals Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円6,005 Mil. Hence, Pacific Metals Co's Receivables Turnover for the three months ended in Dec. 2023 was 0.64.


Pacific Metals Co Receivables Turnover Historical Data

The historical data trend for Pacific Metals Co'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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Pacific Metals Co Receivables Turnover Chart

Pacific Metals Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 3.84 5.22 3.39 2.68

Pacific Metals Co 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 0.84 0.70 0.63 0.64 0.71

Competitive Comparison of Pacific Metals Co's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, Pacific Metals Co'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.


Pacific Metals Co's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pacific Metals Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pacific Metals Co's Receivables Turnover falls into.



Pacific Metals Co Receivables Turnover Calculation

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

Pacific Metals Co's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=15521 / ((6593 + 5001) / 2 )
=15521 / 5797
=2.68

Pacific Metals Co'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: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=3843 / ((6820 + 5189) / 2 )
=3843 / 6004.5
=0.64

* 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.


Pacific Metals Co  (TSE:5541) 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.


Pacific Metals Co Receivables Turnover Related Terms

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Pacific Metals Co (TSE:5541) Business Description

Traded in Other Exchanges
Address
1-6-1 Ohtemachi, Chiyoda-ku, Tokyo, JPN, 1000004
Pacific Metals Co Ltd manufactures and distributes ferronickel and slag products. The company mainly manufactures ferronickel, stainless steel, and electrical power. It also produces processed ferro-nickel slag which is obtained as a by-product in the smelting process. The firm also engages in nickel mine development projects in the Philippines.

Pacific Metals Co (TSE:5541) Headlines

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