Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) Receivables Turnover : 0.90 (As of Mar. 2024)

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What is Pengdu Agriculture & Animal Husbandry Co 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. Pengdu Agriculture & Animal Husbandry Co's Revenue for the three months ended in Mar. 2024 was ¥3,560 Mil. Pengdu Agriculture & Animal Husbandry Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,951 Mil. Hence, Pengdu Agriculture & Animal Husbandry Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.90.

Pengdu Agriculture & Animal Husbandry Co Receivables Turnover Historical Data

The historical data trend for Pengdu Agriculture & Animal Husbandry Co'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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Pengdu Agriculture & Animal Husbandry Co Receivables Turnover Chart

Pengdu Agriculture & Animal Husbandry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

6.13

6.46

6.85

7.07

5.44

Pengdu Agriculture & Animal Husbandry Co 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															1.12	1.07	1.15	1.02	0.90

Competitive Comparison of Pengdu Agriculture & Animal Husbandry Co's Receivables Turnover

For the Farm Products subindustry, Pengdu Agriculture & Animal Husbandry Co'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.

Pengdu Agriculture & Animal Husbandry Co's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pengdu Agriculture & Animal Husbandry Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pengdu Agriculture & Animal Husbandry Co's Receivables Turnover falls into.

Pengdu Agriculture & Animal Husbandry Co Receivables Turnover Calculation

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

Pengdu Agriculture & Animal Husbandry Co'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 )
=	17449.257	/ (	(3050.409	+	3359.932)	/	2 )
=	17449.257	/	3205.1705
=	5.44

Pengdu Agriculture & Animal Husbandry Co'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 )
=	3560.24	/ (	(3359.932	+	4541.845)	/	2 )
=	3560.24	/	3950.8885
=	0.90

Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) 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.

Pengdu Agriculture & Animal Husbandry Co Receivables Turnover Related Terms

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Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pengdu Agriculture & Animal Husbandry Co Ltd (SZSE:002505) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Lane 2188, Hongqiao Road, No. 25, Hongqiao Business Villa, Changning District, Shanghai, CHN, 200336

Website

http://www.dkifa.com

Pengdu Agriculture & Animal Husbandry Co Ltd is a global farming and food company. The company operates through various business divisions: grain trade, dairy, food distribution, beef cattle, live pigs. Its business has spread all over China, Brazil, New Zealand, Japan, Myanmar, Laos, and many other countries. In addition, the company has controlled approximately 29 original ecological farms in New Zealand, formed all kinds of dairy products under its own brand Theland.

Executives

Shen Wei Ping	Directors, executives
Zhao Wei Mao	Director
Wang Zhang Quan	Director
Yan Dong Ming	Director
Chen Li Ming	Director
Shu Jun	Executives
Yan Fang	Directors, executives
Tian Meng Jun	Supervisors
Ma Geng	Executives
Xiang Qi Zhi	Director
Xia Zheng Qi	Directors, executives
Shu Yue	Directors, executives
Wang Bin	Executives

Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) Headlines

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