Performance Food Group Co (PFGC)
Receivables turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 63,298,900 | 61,549,200 | 60,100,600 | 58,758,100 | 58,281,200 | 57,957,200 | 57,870,800 | 57,474,000 | 57,254,700 | 56,979,500 | 56,287,200 | 55,227,100 | 50,894,100 | 45,608,500 | 39,732,000 | 33,738,400 | 30,398,900 | 26,868,500 | 26,666,700 | 25,890,100 |
| Receivables | US$ in thousands | 2,929,200 | 2,818,700 | 2,691,900 | 2,524,800 | 2,550,500 | 2,439,200 | 2,361,300 | 2,400,800 | 2,441,000 | 2,283,900 | 2,241,800 | 2,308,400 | 2,341,400 | 2,243,300 | 2,105,300 | 2,238,000 | 1,629,600 | 1,432,800 | 1,237,400 | 1,448,200 |
| Receivables turnover | 21.61 | 21.84 | 22.33 | 23.27 | 22.85 | 23.76 | 24.51 | 23.94 | 23.46 | 24.95 | 25.11 | 23.92 | 21.74 | 20.33 | 18.87 | 15.08 | 18.65 | 18.75 | 21.55 | 17.88 |
June 30, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $63,298,900K ÷ $2,929,200K
= 21.61
The receivables turnover ratio for Performance Food Group Co has exhibited fluctuations over the analyzed period. As of September 30, 2020, the ratio stood at 17.88, indicating the number of times receivables were collected within a year. The ratio increased to 21.55 by the end of December 2020, reflecting improved collection efficiency. During the subsequent quarters, the ratio showed a general upward trend, reaching peaks such as 25.11 in December 2022 and 24.95 in March 2023, which are indicative of more rapid collection cycles.
Over the longer term, the ratio’s highest point appears around the end of 2022 and early 2023, suggesting an optimized receivables collection process during this period. However, the ratio demonstrates some variability, declining slightly to 22.33 in December 2024 and further to 21.61 in June 2025. Despite this minor decline, the ratios generally remain within a range that suggests relatively efficient receivables management.
Overall, the trend indicates that the company has maintained or improved its receivables collection efficiency over time, with the ratio generally increasing from the initial 17.88 in September 2020 to a peak above 25, before experiencing a slight moderation in recent periods. This pattern reflects effective credit collection practices and possibly an emphasis on minimizing days sales outstanding, although minor fluctuations suggest periods of slight slowdown or adjustments in credit policies.
Peer comparison
Jun 30, 2025