Performance Food Group Co (PFGC)
Receivables turnover
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 58,281,200 | 57,254,700 | 50,894,100 | 30,398,900 | 25,086,300 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
June 30, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $58,281,200K ÷ $—K
= —
The data provided shows that Performance Food Group Co has not reported any specific values for receivables turnover for the fiscal years ending on June 30, 2020 to June 30, 2024. Without this key metric, it is challenging to assess the company's efficiency in collecting its accounts receivable. Receivables turnover is a critical ratio that indicates how many times a company collects its average accounts receivable balance during a specific period. A higher turnover ratio generally signifies that a company is efficiently managing its credit sales and collecting payments from its customers promptly. On the contrary, a low turnover ratio may indicate difficulties in collecting outstanding receivables and potential liquidity issues. Without this information, it is difficult to draw any definitive conclusions regarding Performance Food Group Co's receivables management efficiency over the specified period. Investors and analysts typically use this ratio to assess a company's credit policies, liquidity, and overall financial health.
Peer comparison
Jun 30, 2024