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• Sales per Employee
• Income per Employee
• Inventory to Sales
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Pacific Ventures Group Inc   (PACV)
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Pacific Ventures Group Inc Accounts Receivables Turnover Ratio from the second quarter 2023 to the second quarter 2022

Quarterly Results, Trends, Rankings, Statistics



 
Pacific Ventures Group Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2023 to a ratio of 36.91, above the company average. This is a clear sign of healthy business climate in the Nonalcoholic Beverages industry and improving liquidity at their respective customers, during the second quarter 2023. Average collection period, for Pacific Ventures Group Inc 's accounts receivable remained unchanged at 10 days, in the Jun 30 2023 quarter.

If we take a look into Consumer Non Cyclical sector only one company was able to collect receivables faster. While receivables turnover ratio remained unchanged relative to the previous period at no. 27.

What is Receivable Turnover Ratio?
What is Pacific Ventures Group Inc Selling?


What is Receivable Turnover Ratio?




PACV Receivables Turnover Ratio (Jun 30 2023)
II. Quarter		 (Mar 31 2023)
I. Quarter		 (Dec 31 2022)
IV. Quarter		 (Sep 30 2022)
III. Quarter		 (Jun 30 2022)
II. Quarter
Y / Y Receivable Change -36.06 % -48.41 % -19.44 % -27.39 % -32.19 %
Y / Y Revenue Change -34.7 % -25.91 % -21.02 % -14.98 % -9.04 %
Receivable Turnover Ratio (TTM) 36.91 36.66 34.09 34.16 32.84
PACV's Total Ranking # 27 # 27 # 485 # 27 # 27
Accounts Receivable average collection period days 10 10 11 11 11
Seq. Receivable Change 13.19 % -41.26 % 3.41 % -6.99 % -8.68 %
Seq. Revenue Change -10.6 % -15.16 % -8.56 % -5.84 % 1.43 %

New: More PACV's historic Receivables Turnover Ratios >>

Receivable Turnover Company Ranking
Within: No.
Nonalcoholic Beverages Industry # 1
Consumer Non Cyclical Sector # 2
Overall Market # 27

Receivable Turnover Ratio Statistics
High Average Low
5.4 3.88 1.7
(Sep 30 2022)   (Dec 31 2019)





PACV Company Profile • Back to PACV Efficiency Comparisons • Compare PACV Receivables Turnover Ratio to its Competitors

Financial Statements
Pacific Ventures Group Inc 's Accounts Receivable $ 1 Millions Visit PACV's Balance sheet
Pacific Ventures Group Inc 's Sales TTM $ 34 Millions Visit PACV's Income Statement
Sources of PACV's Revenues Visit PACV's Sales by Geography

Other Accounts Receivable Turnover Ratios
Nonalcoholic Beverages Industry Accounts Receivable Turnover Trends and Statistics
Consumer Non Cyclical Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
PACV's Receivable Turnover Ratio versus Nonalcoholic Beverages Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
PACV's Growth Rates PACV's Roa PACV's Inventory Turnover Ratio PACV's Dividend Comparisons
PACV's Profitability Ratios PACV's Roi PACV's Asset Turnover Ratio PACV's Dividend Growth
PACV's Valuation Ratios PACV's Roe PACV's Financial Strength Ratios PACV's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2023, within Consumer Non Cyclical Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 30 2023 Receivable at quarter ending Jun 30 2023
Kona Gold Beverage Inc   103.55 $ 4.479  Millions$ 0.043  Millions
Cea Industries Inc   99.23 $ 10.799  Millions$ 0.109  Millions
Village Farms International Inc   97.41 $ 282.381  Millions$ 2.899  Millions
Cavitation Technologies Inc   91.78 $ 0.413  Millions$ 0.005  Millions
Coca cola Consolidated Inc   71.70 $ 6,511.858  Millions$ 90.815  Millions
China Foods Holdings Ltd   54.70 $ 0.210  Millions$ 0.004  Millions
Turning Point Brands Inc   45.99 $ 417.745  Millions$ 9.084  Millions
American Cannabis Company Inc   43.60 $ 15.010  Millions$ 0.344  Millions
Stem Holdings Inc   43.35 $ 15.041  Millions$ 0.347  Millions
Hni Corporation  42.06 $ 2,208.191  Millions$ 52.500  Millions
Vector Group Ltd  37.21 $ 1,441.572  Millions$ 38.745  Millions
Pacific Ventures Group Inc   36.91 $ 33.561  Millions$ 0.909  Millions
Mission Produce Inc   35.38 $ 934.000  Millions$ 26.400  Millions
Biote Corp   28.49 $ 217.698  Millions$ 7.641  Millions
Dswiss Inc   27.42 $ 1.293  Millions$ 0.047  Millions
Fitlife Brands Inc   25.97 $ 38.052  Millions$ 1.465  Millions
Bunge Global Sa  24.18 $ 63,796.000  Millions$ 2,638.250  Millions
Nocera Inc   22.98 $ 17.543  Millions$ 0.763  Millions
Cbdmd Inc   22.78 $ 26.304  Millions$ 1.155  Millions
Archer daniels midland Co  21.97 $ 99,884.000  Millions$ 4,546.500  Millions
Tyson Foods Inc   21.52 $ 49,871.000  Millions$ 2,317.500  Millions
Educational Development Corp  20.85 $ 79.192  Millions$ 3.797  Millions
The Boston Beer Company Inc   20.65 $ 2,057.282  Millions$ 99.605  Millions
Healthy Extracts Inc   20.53 $ 2.522  Millions$ 0.123  Millions
Pilgrim s Pride Corporation  19.44 $ 17,070.053  Millions$ 878.124  Millions
Charlie s Holdings Inc   19.15 $ 18.953  Millions$ 0.990  Millions
Treehouse Foods Inc   17.95 $ 2,853.000  Millions$ 158.950  Millions
Laird Superfood Inc   16.88 $ 32.803  Millions$ 1.943  Millions
South Dakota Soybean Processors Llc  16.30 $ 730.626  Millions$ 44.834  Millions
Cf Industries Holdings inc   16.04 $ 8,716.000  Millions$ 543.250  Millions

Date modified: 2023-10-05T21:37:41+00:00



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