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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. Absolute Clean Energy PCL's Revenue for the
three
months ended in Mar. 2026 was ฿1,592 Mil. Absolute Clean Energy PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿524 Mil.
Hence, Absolute Clean Energy PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.04.
Absolute Clean Energy PCL (BKK:ACE) 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.
Absolute Clean Energy PCL Receivables Turnover Related Terms
Absolute Clean Energy PCL Receivables Turnover Historical Data
* 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.
Absolute Clean Energy PCL Receivables Turnover Chart
Absolute Clean Energy PCL Receivables Turnover Competitor Comparison
For the Utilities - Renewable subindustry, Absolute Clean Energy 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.
Absolute Clean Energy PCL Receivables Turnover vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Absolute Clean Energy PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Absolute Clean Energy 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.
Absolute Clean Energy PCL (BKK:ACE) has a Receivables Turnover of 3.04 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 Absolute Clean Energy PCL and its competitors. According to the industry distribution chart, Absolute Clean Energy PCL ranks #46 out of 410 companies in the Utilities - Independent Power Producers industry, placing it in the top 11.2%.
Is Absolute Clean Energy PCL's Receivables Turnover too high?
Absolute Clean Energy PCL's current Receivables Turnover is 3.04. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.73. Absolute Clean Energy PCL's value of 3.04 is 46.9% below this industry median. Based on the distribution chart, Absolute Clean Energy PCL ranks #46 out of 410 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Absolute Clean Energy PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Absolute Clean Energy PCL ranks #46 out of 410 companies for Receivables Turnover. This places Absolute Clean Energy PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.73. Absolute Clean Energy PCL's value of 3.04 is 46.9% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.73, based on 410 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. Absolute Clean Energy PCL's current Receivables Turnover of 3.04 is 46.9% 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 Absolute Clean Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absolute Clean Energy PCL's current Receivables Turnover is 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Absolute Clean Energy PCL (BKK:ACE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.30 — trading 5.8% below its estimated fair value. The current Receivables Turnover is 3.04 and 46.9% below the Utilities - Independent Power Producers industry median of 5.73. Absolute Clean Energy PCL's overall GF Score™ is 78/100 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 Absolute Clean Energy PCL (BKK:ACE), the current Receivables Turnover is 3.04 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 Absolute Clean Energy PCL (BKK:ACE) Overvalued in 2026?
Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued.
The current stock price of ฿1.30 is trading 5.8% below its estimated GF Value™ of ฿1.38.
GuruFocus considers Absolute Clean Energy PCL to be Fairly Valued.
Key valuation signals for BKK:ACE:
Receivables Turnover: 3.04
GF Value™: ฿1.38 vs. price of ฿1.30 (5.8% below fair value)
Industry Position: 46.9% below the Utilities - Independent Power Producers median (#46 of 410)
No single metric tells the full story. See the BKK:ACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
78GF Score
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