NFC PCL (BKK:NFC) Receivables Turnover : 4.92 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is NFC 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. NFC PCL's Revenue for the three months ended in Dec. 2023 was ฿650 Mil. NFC PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿132 Mil. Hence, NFC PCL's Receivables Turnover for the three months ended in Dec. 2023 was 4.92.

NFC PCL Receivables Turnover Historical Data

The historical data trend for NFC 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.

* Premium members only.

NFC PCL Receivables Turnover Chart

NFC PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

15.86

12.43

19.68

26.36

12.13

NFC 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															5.17	3.66	3.60	4.05	4.92

Competitive Comparison of NFC PCL's Receivables Turnover

For the Agricultural Inputs subindustry, NFC 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.

NFC PCL's Receivables Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, NFC PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NFC PCL's Receivables Turnover falls into.

NFC PCL Receivables Turnover Calculation

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

NFC 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 )
=	1802.725	/ (	(126.005	+	171.293)	/	2 )
=	1802.725	/	148.649
=	12.13

NFC 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 )
=	649.604	/ (	(92.786	+	171.293)	/	2 )
=	649.604	/	132.0395
=	4.92

NFC PCL (BKK:NFC) 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.

NFC PCL Receivables Turnover Related Terms

Thank you for viewing the detailed overview of NFC PCL's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

NFC PCL (BKK:NFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » NFC PCL (BKK:NFC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Park Land Road, 88 SC Group Building, 3rd Floor, Bangna Nuea Sub -District, Bangna District, Bangkok, THA, 10260

Website

http://www.nfc.co.th

NFC PCL is a Thailand-based company. Its core business activity is the sale of chemical products and other chemical-related services. The company also provides pier and warehouse services. It engages in the distribution of ammonia used in industries such as dyeing, medicine, polyester, plastic, fertilizer, cooler, oil refinery, rubber, monosodium glutamate, refrigerant; and Sulfuric Acid used in industries such as mining, petrochemical, dyeing, improving, and treating wastewater process. It operates in three reportable segments: Chemical, Service Chemical Storage Tank, and Port Service and Other.

NFC PCL (BKK:NFC) Headlines

No Headlines