Personas Socialorporated (TSXV:PRSN) Receivables Turnover : 10.56 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Personas Socialorporated 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. Personas Socialorporated's Revenue for the three months ended in Dec. 2023 was C$1.18 Mil. Personas Socialorporated's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.11 Mil. Hence, Personas Socialorporated's Receivables Turnover for the three months ended in Dec. 2023 was 10.56.

Personas Socialorporated Receivables Turnover Historical Data

The historical data trend for Personas Socialorporated'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.

Personas Socialorporated Receivables Turnover Chart

Personas Socialorporated Annual Data

Trend

May13

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

25.97

9.22

25.77

29.24

34.88

Personas Socialorporated Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															24.65	13.02	14.05	22.47	10.56

Competitive Comparison of Personas Socialorporated's Receivables Turnover

For the Internet Content & Information subindustry, Personas Socialorporated'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.

Personas Socialorporated's Receivables Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Personas Socialorporated's Receivables Turnover distribution charts can be found below:

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

Personas Socialorporated Receivables Turnover Calculation

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

Personas Socialorporated'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 )
=	4.814	/ (	(0.123	+	0.153)	/	2 )
=	4.814	/	0.138
=	34.88

Personas Socialorporated's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1.183	/ (	(0.071	+	0.153)	/	2 )
=	1.183	/	0.112
=	10.56

Personas Socialorporated (TSXV:PRSN) 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.

Personas Socialorporated Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Personas Socialorporated's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Personas Socialorporated (TSXV:PRSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Personas Social Incorporated (TSXV:PRSN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PRSNF:USA 3PP1:Germany

Address

1 Yonge Street, Floor 18, Toronto, ON, CAN, M5E 1W7

Website

https://www.personas.com

Personas Social Incorporated is a Canada-based company engaged in the business of offering live video conferencing technology, live streaming, social media products and services for use by consumers and businesses, with a focus on mobile (iOS and Android) products. It focuses on providing social commerce-enabled products which allow for a monetizable user experience to all users, consumers and businesses alike. The company accomplishes this by offering products which are complete with enterprise-grade e-commerce infrastructure including multi-currency, multi-lingual, turnkey mobile commerce suites for users.

Personas Socialorporated (TSXV:PRSN) Headlines

No Headlines