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ATP30 PCL (BKK:ATP30) Receivables Turnover : 1.73 (As of Jun. 2024)


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What is ATP30 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. ATP30 PCL's Revenue for the three months ended in Jun. 2024 was ฿176.3 Mil. ATP30 PCL's average Accounts Receivable for the three months ended in Jun. 2024 was ฿101.7 Mil. Hence, ATP30 PCL's Receivables Turnover for the three months ended in Jun. 2024 was 1.73.


ATP30 PCL Receivables Turnover Historical Data

The historical data trend for ATP30 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.

ATP30 PCL Receivables Turnover Chart

ATP30 PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.08 6.81 7.68 8.20 7.57

ATP30 PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.77 1.83 1.85 1.82 1.73

Competitive Comparison of ATP30 PCL's Receivables Turnover

For the Railroads subindustry, ATP30 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.


ATP30 PCL's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ATP30 PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ATP30 PCL's Receivables Turnover falls into.



ATP30 PCL Receivables Turnover Calculation

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

ATP30 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 )
=669.203 / ((82.976 + 93.754) / 2 )
=669.203 / 88.365
=7.57

ATP30 PCL's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=176.267 / ((100.32 + 103.124) / 2 )
=176.267 / 101.722
=1.73

* 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.


ATP30 PCL  (BKK:ATP30) 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.


ATP30 PCL Receivables Turnover Related Terms

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ATP30 PCL Business Description

Traded in Other Exchanges
N/A
Address
9/30 Moo 9, T. Bangnang, A. Panthong, Chonburi, THA, 20160
ATP30 PCL is principally engaged in the business of providing bus transport services. The transportation service vehicles of the company are the bus, minibus, microbus, VIP bus, and van. The group provides transportation services for employees of diverse industries between their homes and industrial estates. The company provides two types of services which are served by bus and service by car. The operations of the company are carried out entirely in Thailand.

ATP30 PCL Headlines

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