Charn Issara Development PCL (BKK:CI) Receivables Turnover : 24.05 (As of Mar. 2024)

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What is Charn Issara Development PCL 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. Charn Issara Development PCL's Revenue for the three months ended in Mar. 2024 was ฿861 Mil. Charn Issara Development PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿36 Mil. Hence, Charn Issara Development PCL's Receivables Turnover for the three months ended in Mar. 2024 was 24.05.

Charn Issara Development PCL Receivables Turnover Historical Data

The historical data trend for Charn Issara Development PCL'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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Charn Issara Development PCL Receivables Turnover Chart

Charn Issara Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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29.57

39.03

71.24

61.99

52.23

Charn Issara Development PCL 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															12.92	15.13	9.01	18.06	24.05

Competitive Comparison of Charn Issara Development PCL's Receivables Turnover

For the Real Estate - Development subindustry, Charn Issara Development PCL'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.

Charn Issara Development PCL's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Charn Issara Development PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Charn Issara Development PCL's Receivables Turnover falls into.

Charn Issara Development PCL Receivables Turnover Calculation

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

Charn Issara Development PCL'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 )
=	1926.356	/ (	(38.271	+	35.493)	/	2 )
=	1926.356	/	36.882
=	52.23

Charn Issara Development PCL'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 )
=	861.431	/ (	(35.493	+	36.147)	/	2 )
=	861.431	/	35.82
=	24.05

Charn Issara Development PCL (BKK:CI) 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.

Charn Issara Development PCL Receivables Turnover Related Terms

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Charn Issara Development PCL (BKK:CI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Charn Issara Development PCL (BKK:CI) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

2922/200, New Petchburi Road, 10th Floor, Charn Issara Tower II, Bangkapi Sub-district, HuayKwang, Bangkok, THA, 10310

Website

https://www.charnissara.com

Charn Issara Development PCL engages in the real estate business. It operates through the segments of Real Estate Development, Lease of Office Condominium units, Hotel Operations and Sale of goods. Its portfolio and projects include office buildings, shopping centers, House and Townhome, Hotel, Dining and Entertainment, SPA and residential condominiums. The firm's majority revenue comes from the Real Estate Development segment. The company principally operates in Thailand.