GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Partners Group Holding AG (XSWX:PGHN) » Definitions » Receivables Turnover

Partners Group Holding AG (XSWX:PGHN) Receivables Turnover : 4.14 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Partners Group Holding AG 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. Partners Group Holding AG's Revenue for the six months ended in Dec. 2023 was CHF841 Mil. Partners Group Holding AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF203 Mil. Hence, Partners Group Holding AG's Receivables Turnover for the six months ended in Dec. 2023 was 4.14.


Partners Group Holding AG Receivables Turnover Historical Data

The historical data trend for Partners Group Holding AG'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.

Partners Group Holding AG Receivables Turnover Chart

Partners Group Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 6.09 8.95 5.70 8.29

Partners Group Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.17 3.13 4.04 3.86 4.14

Competitive Comparison of Partners Group Holding AG's Receivables Turnover

For the Asset Management subindustry, Partners Group Holding AG'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.


Partners Group Holding AG's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Partners Group Holding AG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Partners Group Holding AG's Receivables Turnover falls into.



Partners Group Holding AG Receivables Turnover Calculation

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

Partners Group Holding AG'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 )
=1856.6 / ((283.6 + 164.1) / 2 )
=1856.6 / 223.85
=8.29

Partners Group Holding AG'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: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=840.8 / ((242.4 + 164.1) / 2 )
=840.8 / 203.25
=4.14

* 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.


Partners Group Holding AG  (XSWX:PGHN) 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.


Partners Group Holding AG Receivables Turnover Related Terms

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


Partners Group Holding AG (XSWX:PGHN) Business Description

Traded in Other Exchanges
Address
Zugerstrasse 57, Baar, Zug, CHE, 6341
Partners Group Holding AG is a publicly-traded, private-market investment group with worldwide operations, primarily in North America and Europe. The company's investments originate mostly from its private equity, private debt, private real estate, and private infrastructure deal flow. Partners Group emphasizes a high hurdle in its selectivity rate. The company seeks to identify a diverse set of high-quality assets that are best positioned to benefit from sectoral and transformative growth trends across regions. It also takes an active role in supporting its investment acquisitions in executing their respective strategies, often through industry collaboration.

Partners Group Holding AG (XSWX:PGHN) Headlines

No Headlines