AIRA Capital PCL (BKK:AIRA) Receivables Turnover : 0.13 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is AIRA Capital 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. AIRA Capital PCL's Revenue for the three months ended in Mar. 2024 was ฿262 Mil. AIRA Capital PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿2,069 Mil. Hence, AIRA Capital PCL's Receivables Turnover for the three months ended in Mar. 2024 was 0.13.

AIRA Capital PCL Receivables Turnover Historical Data

The historical data trend for AIRA Capital 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.

AIRA Capital PCL Receivables Turnover Chart

AIRA Capital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

0.49

0.62

0.48

0.37

0.45

AIRA Capital PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.08	0.11	0.10	0.14	0.13

Competitive Comparison of AIRA Capital PCL's Receivables Turnover

For the Capital Markets subindustry, AIRA Capital 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.

AIRA Capital PCL's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AIRA Capital PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AIRA Capital PCL's Receivables Turnover falls into.

AIRA Capital PCL Receivables Turnover Calculation

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

AIRA Capital 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 )
=	967.352	/ (	(2201.255	+	2078.732)	/	2 )
=	967.352	/	2139.9935
=	0.45

AIRA Capital PCL's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	262.319	/ (	(2078.732	+	2058.46)	/	2 )
=	262.319	/	2068.596
=	0.13

AIRA Capital PCL (BKK:AIRA) 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.

AIRA Capital PCL Receivables Turnover Related Terms

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

AIRA Capital PCL (BKK:AIRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » AIRA Capital PCL (BKK:AIRA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phayathai Road, No. 319, Chamchuri Square, 12th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330

Website

https://www.airacapital.co.th

AIRA Capital PCL is an investment firm providing a range of financial products under the approved licenses. It operates with five business segments namely Securities and investment business segment, which services a securities and derivatives brokerage, securities trading and investment; Advisory and investment banking segment, which services an investment and financial advisory, underwriting and private fund management; Factoring segment, which purchases account receivables; Rental and service business segment, which engages in finance lease, hire purchase and operating lease for industrial equipment and machines and property development which involves the development of properties. It derives majority income from brokerage fees, management fees and interest and dividends on investment.

AIRA Capital PCL (BKK:AIRA) Headlines

No Headlines