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PCT (PCTL) Receivables Turnover : 4.70 (As of Sep. 2022)


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What is PCT 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. PCT's Revenue for the three months ended in Sep. 2022 was $0.29 Mil. PCT's average Accounts Receivable for the three months ended in Sep. 2022 was $0.06 Mil. Hence, PCT's Receivables Turnover for the three months ended in Sep. 2022 was 4.70.


PCT Receivables Turnover Historical Data

The historical data trend for PCT'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.

PCT Receivables Turnover Chart

PCT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.47 8.58 8.80 10.91 5.74

PCT Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.69 0.39 3.13 2.90 4.70

Competitive Comparison of PCT's Receivables Turnover

For the Pollution & Treatment Controls subindustry, PCT'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.


PCT's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PCT's Receivables Turnover distribution charts can be found below:

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



PCT Receivables Turnover Calculation

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

PCT's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=1.281 / ((0.35 + 0.096) / 2 )
=1.281 / 0.223
=5.74

PCT's Receivables Turnover for the quarter that ended in Sep. 2022 is calculated as

Receivables Turnover (Q: Sep. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2022 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Sep. 2022 )) / count )
=0.289 / ((0.098 + 0.025) / 2 )
=0.289 / 0.0615
=4.70

* 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.


PCT  (OTCPK:PCTL) 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.


PCT Receivables Turnover Related Terms

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PCT (PCTL) Business Description

Traded in Other Exchanges
N/A
Address
4235 Commerce Street, Little River, SC, USA, 29566
PCT Ltd is a technology licensing company specializing in environmentally safe solutions for global sustainability. The company provides innovative products and technologies for eliminating contamination from water supplies, industrial fluids, hard surfaces, food processing equipment, and medical devices. The company markets new products and technologies for the Healthcare, Agriculture, and Oil & Gas industries. It designs, develops, integrates, assembles and commercializes technologies, products and systems targeted at the prevention and treatment of infectious disease and crop infestation. Its products include The Annihilyzer System, Large Volume Systems, Small Volume Systems, The Survivalyte System, and others.
Executives
Jody Read Francis director, officer: Chief Operating Officer 9600 SW 67TH PATH, LAKE BUTLER FL 32054
Paul Branagan director
William E Prince director
Gary Grieco director, 10 percent owner, officer: President 10457 W. 84TH TERRACE, LENEXA KS 66214
Gregory W Albers director, officer: Secretary/Treasurer 10457 W. 84TH TERRACE, LENEXA KS 66214
John W Peters director, officer: Secretary/Treasurer 2157 S LINCOLN STREET, SALT LAKE CITY UT 84106

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