Asian Terminals (PHS:ATI) Receivables Turnover : 3.56 (As of Mar. 2024)

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What is Asian Terminals 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. Asian Terminals's Revenue for the three months ended in Mar. 2024 was ₱3,342 Mil. Asian Terminals's average Accounts Receivable for the three months ended in Mar. 2024 was ₱939 Mil. Hence, Asian Terminals's Receivables Turnover for the three months ended in Mar. 2024 was 3.56.

Asian Terminals Receivables Turnover Historical Data

The historical data trend for Asian Terminals'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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Asian Terminals Receivables Turnover Chart

Asian Terminals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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23.58

23.71

21.76

18.64

16.93

Asian Terminals 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															4.74	5.67	5.28	4.64	3.56

Competitive Comparison of Asian Terminals's Receivables Turnover

For the Marine Shipping subindustry, Asian Terminals'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.

Asian Terminals's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asian Terminals's Receivables Turnover distribution charts can be found below:

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

Asian Terminals Receivables Turnover Calculation

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

Asian Terminals'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 )
=	14703.254	/ (	(905.985	+	830.653)	/	2 )
=	14703.254	/	868.319
=	16.93

Asian Terminals'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 )
=	3341.929	/ (	(830.653	+	1047.616)	/	2 )
=	3341.929	/	939.1345
=	3.56

Asian Terminals (PHS:ATI) 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.

Asian Terminals Receivables Turnover Related Terms

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Asian Terminals (PHS:ATI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asian Terminals Inc (PHS:ATI) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

A. Bonifacio Drive, Port Area, Manila, PHL, 1018

Website

https://www.asianterminals.com.ph

Asian Terminals Inc is in the operation and management of port terminals in the Philippines. It operates the manila south harbor, port of Batangas, port of General Santos, and off-dock container guards in sta mesa, manila, and Calamba City, laguna. The terminals handle containerized and non-containerized cargoes, bulk, and break-bulk cargoes, roll-on/roll-off shipment, and passenger services. The company derives the majority of its revenues from South Harbor international non-containerized cargo, the Batangas container terminal, and the port of Batangas.