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Profit Planners Management (Profit Planners Management) Receivables Turnover : 3.03 (As of Feb. 2017)


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What is Profit Planners Management 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. Profit Planners Management's Revenue for the three months ended in Feb. 2017 was $0.48 Mil. Profit Planners Management's average Accounts Receivable for the three months ended in Feb. 2017 was $0.16 Mil. Hence, Profit Planners Management's Receivables Turnover for the three months ended in Feb. 2017 was 3.03.


Profit Planners Management Receivables Turnover Historical Data

The historical data trend for Profit Planners Management'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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Profit Planners Management Receivables Turnover Chart

Profit Planners Management Annual Data
Trend May10 May11 May12 May13 May14 May15 May16
Receivables Turnover
Get a 7-Day Free Trial 6.64 9.92 7.36 8.17 12.81

Profit Planners Management Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 3.32 2.82 2.71 2.16 3.03

Competitive Comparison of Profit Planners Management's Receivables Turnover

For the Specialty Business Services subindustry, Profit Planners Management'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.


Profit Planners Management's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Profit Planners Management's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Profit Planners Management's Receivables Turnover falls into.



Profit Planners Management Receivables Turnover Calculation

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

Profit Planners Management's Receivables Turnover for the fiscal year that ended in May. 2016 is calculated as

Receivables Turnover (A: May. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: May. 2016 ) / ((Accounts Receivable (A: May. 2015 ) + Accounts Receivable (A: May. 2016 )) / count )
=1.294 / ((0.099 + 0.103) / 2 )
=1.294 / 0.101
=12.81

Profit Planners Management's Receivables Turnover for the quarter that ended in Feb. 2017 is calculated as

Receivables Turnover (Q: Feb. 2017 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2017 ) / ((Accounts Receivable (Q: Nov. 2016 ) + Accounts Receivable (Q: Feb. 2017 )) / count )
=0.477 / ((0.143 + 0.172) / 2 )
=0.477 / 0.1575
=3.03

* 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.


Profit Planners Management  (OTCPK:PPMT) 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.


Profit Planners Management Receivables Turnover Related Terms

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Profit Planners Management (Profit Planners Management) Business Description

Traded in Other Exchanges
N/A
Address
1001 Avenues of the Americas, 2nd Floor, New York, NY, USA, 10018
Profit Planners Management Inc provides management, financial and marketing services and business solutions to public and private micro-cap companies.

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