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Globlex Holding Management PCL (BKK:GBX-F) Receivables Turnover : 0.15 (As of Dec. 2023)


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What is Globlex Holding Management 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. Globlex Holding Management PCL's Revenue for the three months ended in Dec. 2023 was ฿147.9 Mil. Globlex Holding Management PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿967.3 Mil. Hence, Globlex Holding Management PCL's Receivables Turnover for the three months ended in Dec. 2023 was 0.15.


Globlex Holding Management PCL Receivables Turnover Historical Data

The historical data trend for Globlex Holding Management 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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Globlex Holding Management PCL Receivables Turnover Chart

Globlex Holding Management PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.29 0.51 0.85 0.60 0.49

Globlex Holding Management PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.13 0.09 0.10 0.15

Competitive Comparison of Globlex Holding Management PCL's Receivables Turnover

For the Capital Markets subindustry, Globlex Holding Management 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.


Globlex Holding Management PCL's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Globlex Holding Management PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Globlex Holding Management PCL's Receivables Turnover falls into.



Globlex Holding Management PCL Receivables Turnover Calculation

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

Globlex Holding Management 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 )
=467.901 / ((996.997 + 894.535) / 2 )
=467.901 / 945.766
=0.49

Globlex Holding Management PCL's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=147.921 / ((1039.977 + 894.535) / 2 )
=147.921 / 967.256
=0.15

* 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.


Globlex Holding Management PCL  (BKK:GBX-F) 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.


Globlex Holding Management PCL Receivables Turnover Related Terms

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Globlex Holding Management PCL (BKK:GBX-F) Business Description

Traded in Other Exchanges
Address
Wireless Road, Lumpini, Phatumwan, Number 87/2, 12th Floor, CRC Tower, All Seasons Place, Bangkok, THA, 10330
Globlex Holding Management PCL is a Thailand-based investment holding company. It is principally engaged in securities borrowing and lending. The company operates in three business segments namely Holding business, Securities business, and Other business. The company generates maximum revenue from the Securities business segment. Geographically, the company mainly operates in Thailand.

Globlex Holding Management PCL (BKK:GBX-F) Headlines

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