GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ASN Broker PCL (BKK:ASN-R) » Definitions » Receivables Turnover

ASN Broker PCL (BKK:ASN-R) Receivables Turnover : 0.95 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is ASN Broker 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. ASN Broker PCL's Revenue for the three months ended in Mar. 2024 was ฿40.3 Mil. ASN Broker PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿42.3 Mil. Hence, ASN Broker PCL's Receivables Turnover for the three months ended in Mar. 2024 was 0.95.


ASN Broker PCL Receivables Turnover Historical Data

The historical data trend for ASN Broker 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.

ASN Broker PCL Receivables Turnover Chart

ASN Broker PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 4.82 3.09 2.97 3.19 3.56

ASN Broker 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 1.07 1.20 1.06 0.95

Competitive Comparison of ASN Broker PCL's Receivables Turnover

For the Insurance Brokers subindustry, ASN Broker 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.


ASN Broker PCL's Receivables Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ASN Broker PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ASN Broker PCL's Receivables Turnover falls into.



ASN Broker PCL Receivables Turnover Calculation

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

ASN Broker 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 )
=155.2 / ((43.384 + 43.907) / 2 )
=155.2 / 43.6455
=3.56

ASN Broker 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 )
=40.342 / ((43.907 + 40.614) / 2 )
=40.342 / 42.2605
=0.95

* 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.


ASN Broker PCL  (BKK:ASN-R) 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.


ASN Broker PCL Receivables Turnover Related Terms

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


ASN Broker PCL (BKK:ASN-R) Business Description

Traded in Other Exchanges
Address
Phaholyothin Road, 388 IBM Tower, 16th Floor, Zone B, Samsennai, Phayathai, Bangkok, THA, 10400
ASN Broker PCL is a Thailand-based company engaged in providing loans and non-life insurance broker activity. The company operates in the segments of Insurance broker; Loan and Peer-to-peer Lending. The company derives key revenue from the insurance broker segment which provides non-life insurance broker and life insurance broker services. The loan segment provides lending services through the peer-to-peer lending platform and personal loans. The group operates in Thailand only.

ASN Broker PCL (BKK:ASN-R) Headlines

No Headlines