Pininfarina Spa (FRA:PNF) Receivables Turnover : 1.27 (As of Mar. 2024)

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What is Pininfarina Spa 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. Pininfarina Spa's Revenue for the three months ended in Mar. 2024 was €22.39 Mil. Pininfarina Spa's average Accounts Receivable for the three months ended in Mar. 2024 was €17.61 Mil. Hence, Pininfarina Spa's Receivables Turnover for the three months ended in Mar. 2024 was 1.27.

Pininfarina Spa Receivables Turnover Historical Data

The historical data trend for Pininfarina Spa'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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Pininfarina Spa Receivables Turnover Chart

Pininfarina Spa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.43

3.17

4.42

5.25

5.09

Pininfarina Spa 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															1.24	1.26	1.31	1.45	1.27

Competitive Comparison of Pininfarina Spa's Receivables Turnover

For the Auto Manufacturers subindustry, Pininfarina Spa'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.

Pininfarina Spa's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pininfarina Spa's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pininfarina Spa's Receivables Turnover falls into.

Pininfarina Spa Receivables Turnover Calculation

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

Pininfarina Spa'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 )
=	83.173	/ (	(13.169	+	19.526)	/	2 )
=	83.173	/	16.3475
=	5.09

Pininfarina Spa'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 )
=	22.391	/ (	(19.526	+	15.692)	/	2 )
=	22.391	/	17.609
=	1.27

Pininfarina Spa (FRA:PNF) 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.

Pininfarina Spa Receivables Turnover Related Terms

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Pininfarina Spa (FRA:PNF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pininfarina Spa (FRA:PNF) » Definitions » Receivables Turnover

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PINF:Italy

Address

Via Nazionale 30, Cambiano, Turin, ITA, 10020

Website

http://www.pininfarina.com

Pininfarina Spa is an Italian company engaged in the production, development, designing, engineering, and manufacturing of vehicles in Italy, Germany, and China. It offers various services including automotive design, transportation design, architecture, and interior design in the fields of residential, hospitality, sport and commercial structures, industrial design, engineering, wind tunnel, sustainable mobility, and exclusive vehicles - restorations. The company has two reportable segments design and engineering, majority of revenue is generated from the Design segment. The company's geographical segment consists of Italy, Germany, China, USA. The majority of revenue is generated from non-EU countries.