Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Asia Aviation PCLBKK:AAV 65 Receivables Turnover is 56.41 as of Mar. 2026. GuruFocus rates BKK:AAV with a GF Score™ of 65/100 and a GF Value™ of ฿2.18 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 997 Transportation companies, Asia Aviation PCL ranks better than 99% on this metric.
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. Asia Aviation PCL's Revenue for the
three
months ended in Mar. 2026 was ฿13,530 Mil. Asia Aviation PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿240 Mil.
Hence, Asia Aviation PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 56.41.
Asia Aviation PCL (BKK:AAV) 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.
Asia Aviation PCL Receivables Turnover Related Terms
Asia Aviation PCL Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Asia Aviation 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:AAV vs DAL, UAL, LUV: Receivables Turnover Comparison
For the Airlines subindustry, Asia Aviation 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.
Asia Aviation PCL Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Asia Aviation PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Asia Aviation 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.
Asia Aviation PCL (BKK:AAV) has a Receivables Turnover of 56.41 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 Asia Aviation PCL and its competitors. According to the industry distribution chart, Asia Aviation PCL ranks #10 out of 997 companies in the Transportation industry, placing it in the top 1%.
Is Asia Aviation PCL's Receivables Turnover too high?
Asia Aviation PCL's current Receivables Turnover is 56.41. The Transportation industry median Receivables Turnover is 7.80. Asia Aviation PCL's value of 56.41 is 623.2% above this industry median. Based on the distribution chart, Asia Aviation PCL ranks #10 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Aviation PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Aviation PCL's Receivables Turnover compare to DAL and UAL?
According to the Transportation industry distribution chart, Asia Aviation PCL ranks #10 out of 997 companies for Receivables Turnover. This places Asia Aviation PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.80. Asia Aviation PCL's value of 56.41 is 623.2% above 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.80, based on 997 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. Asia Aviation PCL's current Receivables Turnover of 56.41 is 623.2% above 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 Asia Aviation PCL and its competitors. For the Transportation industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Aviation PCL's current Receivables Turnover is 56.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Aviation PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Aviation PCL (BKK:AAV) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.18, compared to a current price of ฿1.05 — trading 51.8% below its estimated fair value. The current Receivables Turnover is 56.41 and 623.2% above the Transportation industry median of 7.80. Asia Aviation PCL's overall GF Score™ is 65/100 with 6 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 Asia Aviation PCL (BKK:AAV), the current Receivables Turnover is 56.41 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 Asia Aviation PCL (BKK:AAV) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Aviation PCL stock appears to be undervalued.
The current stock price of ฿1.05 is trading 51.8% below its estimated GF Value™ of ฿2.18.
GuruFocus considers Asia Aviation PCL to be Possible Value Trap.
Key valuation signals for BKK:AAV:
Receivables Turnover: 56.41
GF Value™: ฿2.18 vs. price of ฿1.05 (51.8% below fair value)
Industry Position: 623.2% above the Transportation median (#10 of 997)
No single metric tells the full story. See the BKK:AAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressVibhavadee Rangsit Road, 3rd Floor, Central Office Building, Room No. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. It has two reportable operating segments: Schedule flight operations and Chartered flight operations. The majority of the group's revenue is generated from the Schedule flight operations segment, which provides passenger air transportation services to routine destinations for scheduled flights. The group sells tickets through its distribution channels such as website, sales counter, travel agents, etc. The Chartered flight operations offer passenger air transportation services to non-routine destinations. Flights are operated when there is a booking from customers, normally tourist agency companies. Geographically, the group operates only in Thailand.
65GF Score
Get the complete analysis for BKK:AAV
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:AAV has been successfully added to your 
