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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. 2S Metal PCL's Revenue for the
three
months ended in Mar. 2026 was ฿2,081 Mil. 2S Metal PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿435 Mil.
Hence, 2S Metal PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.78.
2S Metal PCL (BKK:2S) 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.
2S Metal PCL Receivables Turnover Related Terms
2S Metal PCL Receivables Turnover Historical Data
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The historical data trend for 2S Metal 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.
BKK:2S vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, 2S Metal 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.
2S Metal PCL Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, 2S Metal PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where 2S Metal PCL's Receivables Turnover falls into.
* 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.
2S Metal PCL (BKK:2S) has a Receivables Turnover of 4.78 as of Mar. 2026. The accounts 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. View historical data on 2S Metal PCL and its competitors. According to the industry distribution chart, 2S Metal PCL ranks #113 out of 606 companies in the Steel industry, placing it in the top 18.6%.
Is 2S Metal PCL's Receivables Turnover too high?
2S Metal PCL's current Receivables Turnover is 4.78. The Steel industry median Receivables Turnover is 7.15. 2S Metal PCL's value of 4.78 is 33.1% below this industry median. Based on the distribution chart, 2S Metal PCL ranks #113 out of 606 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, 2S Metal PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2S Metal PCL's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, 2S Metal PCL ranks #113 out of 606 companies for Receivables Turnover. This places 2S Metal PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.15. 2S Metal PCL's value of 4.78 is 33.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Steel company?
The median Receivables Turnover among Steel companies is 7.15, based on 606 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 2S Metal PCL's current Receivables Turnover of 4.78 is 33.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on 2S Metal PCL and its competitors. For the Steel industry, the median Receivables Turnover is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2S Metal PCL's current Receivables Turnover is 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2S Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, 2S Metal PCL (BKK:2S) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.99, compared to a current price of ฿3.22 — trading 7.7% above its estimated fair value. The current Receivables Turnover is 4.78 and 33.1% below the Steel industry median of 7.15. 2S Metal PCL's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For 2S Metal PCL (BKK:2S), the current Receivables Turnover is 4.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is 2S Metal PCL (BKK:2S) Overvalued in 2026?
Based on GuruFocus' analysis, 2S Metal PCL stock appears to be overvalued.
The current stock price of ฿3.22 is trading 7.7% above its estimated GF Value™ of ฿2.99.
GuruFocus considers 2S Metal PCL to be Fairly Valued.
Key valuation signals for BKK:2S:
Receivables Turnover: 4.78
GF Value™: ฿2.99 vs. price of ฿3.22 (7.7% above fair value)
Industry Position: 33.1% below the Steel median (#113 of 606)
No single metric tells the full story. See the BKK:2S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
2S Metal PCL is a Thailand-based company engaged in the manufacture, distribution, and trade of steel products. It is mainly engaged in manufacturing steel pipes, steel plates, light lip channels, and steel wire mesh, and trading steel products. The company's operating segments are the trading of steel products, including raw materials, and the production and distribution of steel products. The majority of its revenue is generated from the production and distribution of steel products. Geographically, it derives maximum revenue from the local market and the rest from the Lao People's Democratic Republic.
70GF Score
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