Pingtan Marine Enterprise Ltd.'s ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2021 to a ratio of 6.02, above the company average. This is a clear sign of healthy business climate in the Agricultural Production industry and improving liquidity at their respective customers, during the fourth quarter 2021. Average receivable collection period, for the Pingtan Marine Enterprise Ltd. in Dec 31 2021 quarter, has decreased to 61 days, compared to 80 days, in the 0 quarter.

If we take a look into Consumer Non Cyclical sector 154 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2021 from 2553 to 2850.

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What is Receivable Turnover Ratio?

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PME Receivables Turnover Ratio	(Dec 31 2021) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Dec 31 2020) IV. Quarter
Y / Y Receivable Change	-22.2 %	-68 %	-66.79 %	50.46 %	-28.63 %
Y / Y Revenue Change	102.46 %	133.71 %	57.12 %	63.56 %	-10.22 %
Receivable Turnover Ratio (TTM)	6.02	4.57	2.49	1.74	1.63
PME's Total Ranking	# 2850	# 2553	# 2576	# 2846	# 2846
Accounts Receivable average collection period days	61	80	147	210	224
Seq. Receivable Change	-22.2 %	31.53 %	-30.19 %	8.91 %	-68 %
Seq. Revenue Change	73.96 %	-2.07 %	30.23 %	-8.75 %	100.82 %

Receivable Turnover Company Ranking
Within:	No.
Agricultural Production Industry	# 31
Consumer Non Cyclical Sector	# 155
Overall Market	# 2850

Receivable Turnover Ratio Statistics
High	Average	Low
1.48	0.32	0.06
(March 31, 2014)		(Mar 31 2017)

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

Financial Statements
Pingtan Marine Enterprise Ltd.'s Accounts Receivable	$ 23 Millions	Visit PME's Balance sheet
Pingtan Marine Enterprise Ltd.'s Sales TTM	$ 164 Millions	Visit PME's Income Statement
Sources of PME's Revenues		Visit PME's Sales by Geography

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

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Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2021, within Consumer Non Cyclical Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2021	Receivable at quarter ending Dec 31 2021
Cibus Inc	18.72	$ 25.987 Millions	$ 1.389 Millions
Charlie s Holdings Inc	18.20	$ 21.496 Millions	$ 1.181 Millions
Treehouse Foods Inc	17.93	$ 4,327.600 Millions	$ 241.350 Millions
The Boston Beer Company Inc	17.59	$ 2,057.622 Millions	$ 116.998 Millions
Kona Gold Beverage Inc	17.40	$ 2.478 Millions	$ 0.142 Millions
Andersons Inc	16.97	$ 12,690.981 Millions	$ 747.957 Millions
South Dakota Soybean Processors Llc	16.93	$ 590.150 Millions	$ 34.854 Millions
Cf Industries Holdings inc	16.82	$ 6,538.000 Millions	$ 388.750 Millions
Yatsen Holding Limited	16.41	$ 916.419 Millions	$ 55.848 Millions
Niagen Bioscience Inc	16.33	$ 67.449 Millions	$ 4.130 Millions
Coca Cola Femsa Sab De Cv	16.29	$ 9,545.396 Millions	$ 586.040 Millions
Fitlife Brands Inc	16.13	$ 27.913 Millions	$ 1.730 Millions
Procter and Gamble Co	15.69	$ 78,346.000 Millions	$ 4,993.250 Millions
The Marzetti Company	15.55	$ 1,563.298 Millions	$ 100.509 Millions
Rocky Mountain Chocolate Factory Inc	14.79	$ 32.249 Millions	$ 2.180 Millions
Chs Inc	14.44	$ 40,613.147 Millions	$ 2,812.542 Millions
Flowers Foods Inc	14.36	$ 4,330.767 Millions	$ 301.665 Millions
Molson Coors Beverage Company	14.33	$ 12,449.900 Millions	$ 868.600 Millions
Hormel Foods Corporation	13.87	$ 11,969.400 Millions	$ 862.972 Millions
Equator Beverage Company	13.80	$ 1.919 Millions	$ 0.139 Millions
The J M Smucker Company	13.76	$ 7,885.300 Millions	$ 573.125 Millions
Conagra Brands Inc	13.53	$ 11,656.300 Millions	$ 861.725 Millions
Seaboard Corporation	13.51	$ 9,229.000 Millions	$ 683.250 Millions
Hershey Co	13.39	$ 8,971.337 Millions	$ 669.981 Millions
Sanfilippo John B and Son Inc	13.29	$ 894.170 Millions	$ 67.265 Millions
B and g Foods inc	13.28	$ 2,056.264 Millions	$ 154.783 Millions
Hydrofarm Holdings Group Inc	13.21	$ 479.420 Millions	$ 36.305 Millions
The Campbells Company	13.20	$ 8,302.000 Millions	$ 629.000 Millions
Freshpet Inc	13.11	$ 425.489 Millions	$ 32.444 Millions
Kraft Heinz Co	13.02	$ 26,042.000 Millions	$ 2,000.500 Millions

Date modified: 2026-08-31T12:45:56+00:00

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