Pacific Online (Pacific Online) Receivables Turnover : 1.18 (As of Dec. 2023)

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What is Pacific Online 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 Online's Revenue for the six months ended in Dec. 2023 was $58.7 Mil. Pacific Online's average Accounts Receivable for the six months ended in Dec. 2023 was $49.6 Mil. Hence, Pacific Online's Receivables Turnover for the six months ended in Dec. 2023 was 1.18.

Pacific Online Receivables Turnover Historical Data

The historical data trend for Pacific Online'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 Online Receivables Turnover Chart

Pacific Online Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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1.63

1.62

1.74

1.90

1.74

Pacific Online Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.06	0.92	1.06	0.86	1.18

Competitive Comparison of Pacific Online's Receivables Turnover

For the Internet Content & Information subindustry, Pacific Online'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 Online's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Pacific Online's Receivables Turnover distribution charts can be found below:

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

Pacific Online Receivables Turnover Calculation

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

Pacific Online'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 )
=	103.655	/ (	(62.06	+	57.025)	/	2 )
=	103.655	/	59.5425
=	1.74

Pacific Online'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 )
=	58.728	/ (	(42.158	+	57.025)	/	2 )
=	58.728	/	49.5915
=	1.18

Pacific Online (OTCPK:PCOLF) 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 Online Receivables Turnover Related Terms

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Pacific Online (Pacific Online) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Pacific Online Ltd (OTCPK:PCOLF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

00543:Hong Kong

Address

115 Gaopu Road, National Software Park Base, Tianhe District, Guangzhou, CHN, 510663

Website

https://corp.pconline.com.cn

Pacific Online Ltd is a provider of internet advertising services for different commodities in China. The Company has five specialized websites, namely PConline, PCauto, PClady, PCbaby, and PChouse, as well as an e-commerce portal. Its segments consist of PCauto, PConline, and Others. Maximum revenue is derived from PCauto which provides automobile-related content.

Pacific Online (Pacific Online) Headlines

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