Perpetual Industries (Perpetual Industries) Receivables Turnover : 91.15 (As of Dec. 2022)

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What is Perpetual Industries 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. Perpetual Industries's Revenue for the six months ended in Dec. 2022 was $5.24 Mil. Perpetual Industries's average Accounts Receivable for the six months ended in Dec. 2022 was $0.06 Mil. Hence, Perpetual Industries's Receivables Turnover for the six months ended in Dec. 2022 was 91.15.

Perpetual Industries Receivables Turnover Historical Data

The historical data trend for Perpetual Industries'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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Perpetual Industries Receivables Turnover Chart

Perpetual Industries Annual Data

Trend

Jul13

Jul14

Jul15

Dec21

Dec22

Receivables Turnover

92.00

157.00

38.00

174.12

91.15

Perpetual Industries Semi-Annual Data
	Jul13	Jul14	Jul15	Dec21	Dec22
Receivables Turnover	92.00	157.00	38.00	174.12	91.15

Competitive Comparison of Perpetual Industries's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Perpetual Industries'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.

Perpetual Industries's Receivables Turnover Distribution in the Industrial Products Industry

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

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

Perpetual Industries Receivables Turnover Calculation

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

Perpetual Industries's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	5.241	/ (	(0.096	+	0.019)	/	2 )
=	5.241	/	0.0575
=	91.15

Perpetual Industries's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Dec. 2021 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	5.241	/ (	(0.096	+	0.019)	/	2 )
=	5.241	/	0.0575
=	91.15

Perpetual Industries (OTCPK:PRPI) 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.

Perpetual Industries Receivables Turnover Related Terms

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Perpetual Industries (Perpetual Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Perpetual Industries Inc (OTCPK:PRPI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2193 Rotunda Drive, Auburn, IN, USA, 46706

Website

https://www.perpetualindustries.com

Perpetual Industries Inc is engaged in the research, development, and commercialization of energy efficient products. The company's proprietary XYO Mechanical Balancing Technology is designed to harness rotor displacement energy and delivers solutions for inefficiencies that commonly affect rotating equipment, machinery, and devices. The firm is expanding expertise and knowledge of energy-efficient technology by developing low-cost, green energy solutions for various industries, including artificial intelligence, blockchain mining, graphic rendering, renewable energy, cloud computing and the internet of things, while continuing research, development, and commercialization of its proprietary XYO Balancing Technology in key applications.

Executives

Neil Maheshchandra Mulji	officer: Chief Operating Officer	5-8720 MACLEOD TRAIL SOUTH,, #110, CALGARY A0 T2H 0M4
Brent W. Bedford	director, 10 percent owner, officer: Chairman, President, CEO	5 - 8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Roderick Charles Egan	director	C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Douglas John Greig	other: GM of Operations	C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Thomas Ristow	director	C/O 5-8720 MACLEOOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4