Bangkok Chain Hospital (BKK:BCH) Receivables Turnover : 3.40 (As of Mar. 2024)

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What is Bangkok Chain Hospital 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. Bangkok Chain Hospital's Revenue for the three months ended in Mar. 2024 was ฿2,862 Mil. Bangkok Chain Hospital's average Accounts Receivable for the three months ended in Mar. 2024 was ฿842 Mil. Hence, Bangkok Chain Hospital's Receivables Turnover for the three months ended in Mar. 2024 was 3.40.

Bangkok Chain Hospital Receivables Turnover Historical Data

The historical data trend for Bangkok Chain Hospital'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.

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Bangkok Chain Hospital Receivables Turnover Chart

Bangkok Chain Hospital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.95

7.30

8.52

7.43

9.93

Bangkok Chain Hospital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.03	2.74	3.37	3.48	3.40

Competitive Comparison of Bangkok Chain Hospital's Receivables Turnover

For the Medical Care Facilities subindustry, Bangkok Chain Hospital'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.

Bangkok Chain Hospital's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bangkok Chain Hospital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bangkok Chain Hospital's Receivables Turnover falls into.

Bangkok Chain Hospital Receivables Turnover Calculation

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

Bangkok Chain Hospital'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 )
=	11803.962	/ (	(1538.865	+	839.393)	/	2 )
=	11803.962	/	1189.129
=	9.93

Bangkok Chain Hospital's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	2861.704	/ (	(839.393	+	844.757)	/	2 )
=	2861.704	/	842.075
=	3.40

Bangkok Chain Hospital (BKK:BCH) 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.

Bangkok Chain Hospital Receivables Turnover Related Terms

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Bangkok Chain Hospital (BKK:BCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Bangkok Chain Hospital PLC (BKK:BCH) » Definitions » Receivables Turnover

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BCH-F:Thailand

Address

44 Moo 4, Chaengwattana Road, Pakkred, Nonthaburi, THA, 11120

Website

https://www.bangkokchainhospital.com

Bangkok Chain Hospital PLC is engaged in operating private hospitals, nursing businesses to provide medical treatment to patients with a total of 15 chained hospitals in Bangkok vicinity, Chiang Rai, Saraburi, Nonthaburi, Pathumthani, Ayudhaya, Chachoengsao, Prachinburi, Sa Kaeo Province, and Lao People's Democratic Republic as well as selling healthy drinks, providing medical analysis and research services in operation rooms, and providing assets management services relevant to the hospital and property for rent. Its geographical segments are the Kingdom of Thailand and the Lao People's Democratic Republic.