PACE Development PCL (BKK:PACE) Receivables Turnover : 0.00 (As of Jun. 2021)

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What is PACE 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. PACE Development PCL's Revenue for the three months ended in Jun. 2021 was ฿0.0 Mil. PACE Development PCL's average Accounts Receivable for the three months ended in Jun. 2021 was ฿109.7 Mil.

PACE Development PCL Receivables Turnover Historical Data

The historical data trend for PACE 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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PACE Development PCL Receivables Turnover Chart

PACE Development PCL Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Receivables Turnover

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59.23

108.98

43.33

8.08

3.18

PACE Development PCL Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21
Receivables Turnover	Get a 7-Day Free Trial															2.03	0.63	0.77	1.64	-

Competitive Comparison of PACE Development PCL's Receivables Turnover

For the Real Estate - Development subindustry, PACE 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.

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

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

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

PACE Development PCL Receivables Turnover Calculation

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

PACE Development PCL's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Receivables Turnover (A: Dec. 2020 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2020 )	/ (	(Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )
=	399.898	/ (	(140.817	+	110.869)	/	2 )
=	399.898	/	125.843
=	3.18

PACE Development PCL's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

	Receivables Turnover (Q: Jun. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2021 )	/ (	(Accounts Receivable (Q: Dec. 2020 )	+	Accounts Receivable (Q: Jun. 2021 ))	/	count )
=	0	/ (	(110.869	+	108.573)	/	2 )
=	0	/	109.721
=	N/A

PACE Development PCL (BKK:PACE) 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.

PACE Development PCL Receivables Turnover Related Terms

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PACE Development PCL (BKK:PACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PACE Development Corp PCL (BKK:PACE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wireless Road, Lumpini, No. 53 Sivatel Tower, 16th Floor, Unit 1606, Pathumwan, Bangkok, THA, 10330

Website

http://www.pacedev.com

PACE Development Corp PCL is engaged in property development. Its projects include Nimit Langsuan, MahaSamutr, and Saladaeng Residences. the company operates through two segments namely, Real estate development segment, which develops and sells land and houses, and condominium units; and Retailer of premium gourmet and delicatessen segment.