Nawarat Patanakarn PCL (BKK:NWR) Receivables Turnover : 1.91 (As of Mar. 2024)

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What is Nawarat Patanakarn 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. Nawarat Patanakarn PCL's Revenue for the three months ended in Mar. 2024 was ฿2,911 Mil. Nawarat Patanakarn PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿1,524 Mil. Hence, Nawarat Patanakarn PCL's Receivables Turnover for the three months ended in Mar. 2024 was 1.91.

Nawarat Patanakarn PCL Receivables Turnover Historical Data

The historical data trend for Nawarat Patanakarn 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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Nawarat Patanakarn PCL Receivables Turnover Chart

Nawarat Patanakarn PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.52

6.66

7.51

9.85

7.88

Nawarat Patanakarn 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															2.04	2.06	1.84	1.83	1.91

Competitive Comparison of Nawarat Patanakarn PCL's Receivables Turnover

For the Engineering & Construction subindustry, Nawarat Patanakarn 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.

Nawarat Patanakarn PCL's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nawarat Patanakarn PCL's Receivables Turnover distribution charts can be found below:

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

Nawarat Patanakarn PCL Receivables Turnover Calculation

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

Nawarat Patanakarn 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 )
=	11052.92	/ (	(1414.433	+	1390.705)	/	2 )
=	11052.92	/	1402.569
=	7.88

Nawarat Patanakarn 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 )
=	2911.029	/ (	(1390.705	+	1656.831)	/	2 )
=	2911.029	/	1523.768
=	1.91

Nawarat Patanakarn PCL (BKK:NWR) 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.

Nawarat Patanakarn PCL Receivables Turnover Related Terms

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Nawarat Patanakarn PCL (BKK:NWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nawarat Patanakarn PCL (BKK:NWR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bangna-Trad Road Km. 6.5, 2/3, Bangna Towers A, 18th -19th Floor, Moo 14, Bangkaew, Bangplee, Samutprakarn, THA, 10540

Website

https://www.nawarat.co.th

Nawarat Patanakarn PCL is engaged in the provision of construction services. The company operates through three business segments which include the Construction contracting business, Real estate development business and Manufacture of concrete product business. Additionally, it undertakes works of construction as the main contractor, a sub-contractor, or through a joint venture business. The construction services include building, industrial, infrastructure, and marine. Its product consists of precast concrete piles, pre-stressed concrete girders, precise segmental tunnel lining, jacking pipes, precise shafts, caissons, and steel fabrication. The company serves various sectors such as government sectors, state enterprises, as well as private sectors.

Nawarat Patanakarn PCL (BKK:NWR) Headlines

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