Union Mosaic Industry PCL (BKK:UMI) Receivables Turnover : 1.04 (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Union Mosaic Industry 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. Union Mosaic Industry PCL's Revenue for the three months ended in Dec. 2023 was ฿658 Mil. Union Mosaic Industry PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿634 Mil. Hence, Union Mosaic Industry PCL's Receivables Turnover for the three months ended in Dec. 2023 was 1.04.

Union Mosaic Industry PCL Receivables Turnover Historical Data

The historical data trend for Union Mosaic Industry 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.

Union Mosaic Industry PCL Receivables Turnover Chart

Union Mosaic Industry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.54

4.22

4.28

4.54

4.46

Union Mosaic Industry 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															0.98	1.09	1.05	1.07	1.04

Competitive Comparison of Union Mosaic Industry PCL's Receivables Turnover

For the Building Products & Equipment subindustry, Union Mosaic Industry 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.

Union Mosaic Industry PCL's Receivables Turnover Distribution in the Construction Industry

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

* The bar in red indicates where Union Mosaic Industry PCL's Receivables Turnover falls into.

Union Mosaic Industry PCL Receivables Turnover Calculation

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

Union Mosaic Industry 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 )
=	2726.146	/ (	(621.763	+	601.619)	/	2 )
=	2726.146	/	611.691
=	4.46

Union Mosaic Industry 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 )
=	657.726	/ (	(665.865	+	601.619)	/	2 )
=	657.726	/	633.742
=	1.04

Union Mosaic Industry PCL (BKK:UMI) 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.

Union Mosaic Industry PCL Receivables Turnover Related Terms

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

Union Mosaic Industry PCL (BKK:UMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Union Mosaic Industry PCL (BKK:UMI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 9 Road, 29th Floor, 65 Chamnan Phenjati Business Center, Huai Khwang District, Bangkok, THA, 10320

Website

https://www.umi-tiles.com

Union Mosaic Industry PCL is a Thailand-based company engaged in the production and distribution of ceramic tiles and related products. The company's business operation includes two segments namely Local floor tiles and wall tiles & Export floor tiles and wall tiles. The majority of revenue is from Local floor tiles and wall tiles. Its product consists of porcelain tiles, wall tiles, floor tiles and non-tiles products among others. Substantial revenue is generated from domestic sales.