Bangkok Aviation Fuel Services PCL (BKK:BAFS) Receivables Turnover: 2.50 (As of Mar. 2026)


BKK:BAFS Bangkok Aviation Fuel Services PCL BKK:BAFS
74 GF Score
Price ฿10.80
GF Value ฿15.70
Valuation Possible Value Trap
! 10 Warning Signs
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What is Bangkok Aviation Fuel Services PCL Receivables Turnover?

Bangkok Aviation Fuel Services PCL BKK:BAFS +1.89% 74 Receivables Turnover is 2.50 as of Mar. 2026. GuruFocus rates BKK:BAFS with a GF Score™ of 74/100 and a GF Value™ of ฿15.70 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 996 Transportation companies, Bangkok Aviation Fuel Services PCL ranks better than 65.26% 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. Bangkok Aviation Fuel Services PCL's Revenue for the three months ended in Mar. 2026 was ฿952 Mil. Bangkok Aviation Fuel Services PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿380 Mil. Hence, Bangkok Aviation Fuel Services PCL's Receivables Turnover for the three months ended in Mar. 2026 was 2.50.


Bangkok Aviation Fuel Services PCL  (BKK:BAFS) 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.


Bangkok Aviation Fuel Services PCL Receivables Turnover Related Terms


Bangkok Aviation Fuel Services PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bangkok Aviation Fuel Services 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.

Bangkok Aviation Fuel Services PCL Receivables Turnover Chart

Bangkok Aviation Fuel Services PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.51 8.47 9.71 9.73 9.27

Bangkok Aviation Fuel Services PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.50 2.45 2.76 2.54 2.50

BKK:BAFS vs JOBY, CAAP: Receivables Turnover Comparison

For the Airports & Air Services subindustry, Bangkok Aviation Fuel Services 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.


Bangkok Aviation Fuel Services PCL Receivables Turnover vs Transportation Industry

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

* The bar in red indicates where Bangkok Aviation Fuel Services PCL's Receivables Turnover falls into.


BKK:BAFS
74GF Score
Bangkok Aviation Fuel Services PCL BKK:BAFS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Aviation Fuel Services PCL Receivables Turnover Calculation

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

Bangkok Aviation Fuel Services PCL's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=3620.342 / ((387.587 + 393.463) / 2 )
=3620.342 / 390.525
=9.27

Bangkok Aviation Fuel Services PCL's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=951.593 / ((393.463 + 367.239) / 2 )
=951.593 / 380.351
=2.50

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.50 mean?
Bangkok Aviation Fuel Services PCL (BKK:BAFS) has a Receivables Turnover of 2.50 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 Bangkok Aviation Fuel Services PCL and its competitors. According to the industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #346 out of 996 companies in the Transportation industry, placing it in the top 34.7%.
Is Bangkok Aviation Fuel Services PCL's Receivables Turnover too high?
Bangkok Aviation Fuel Services PCL's current Receivables Turnover is 2.50. The Transportation industry median Receivables Turnover is 7.70. Bangkok Aviation Fuel Services PCL's value of 2.50 is 67.5% below this industry median. Based on the distribution chart, Bangkok Aviation Fuel Services PCL ranks #346 out of 996 companies in the Transportation industry, which is above the industry midpoint. Overall, Bangkok Aviation Fuel Services PCL has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Aviation Fuel Services PCL's Receivables Turnover compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #346 out of 996 companies for Receivables Turnover. This puts Bangkok Aviation Fuel Services PCL in the upper half of its industry. The industry median Receivables Turnover is 7.70. Bangkok Aviation Fuel Services PCL's value of 2.50 is 67.5% 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 a Transportation company?
The median Receivables Turnover among Transportation companies is 7.70, based on 996 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. Bangkok Aviation Fuel Services PCL's current Receivables Turnover of 2.50 is 67.5% 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 Bangkok Aviation Fuel Services PCL and its competitors. For the Transportation industry, the median Receivables Turnover is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Aviation Fuel Services PCL's current Receivables Turnover is 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Aviation Fuel Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL (BKK:BAFS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿15.70, compared to a current price of ฿10.80 — trading 31.2% below its estimated fair value. The current Receivables Turnover is 2.50 and 67.5% below the Transportation industry median of 7.70. Bangkok Aviation Fuel Services PCL's overall GF Score™ is 74/100 with 10 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS), the current Receivables Turnover is 2.50 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL stock appears to be undervalued. The current stock price of ฿10.80 is trading 31.2% below its estimated GF Value™ of ฿15.70. GuruFocus considers Bangkok Aviation Fuel Services PCL to be Possible Value Trap.

Key valuation signals for BKK:BAFS:

  • Receivables Turnover: 2.50
  • GF Value™: ฿15.70 vs. price of ฿10.80 (31.2% below fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 67.5% below the Transportation median (#346 of 996)

No single metric tells the full story. See the BKK:BAFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bangkok Aviation Fuel Services PCL Business Description

Address 171/2 Kamphang Phet 6 Road, Don Mueang, Khet Don Mueang, Bangkok, THA, 10210
Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company has three operating segments: The aviation segment, the Utility and Power segment, and the business solution segment. The aviation segment provides in-plane service, manufacture, and assembly of hydrant dispensers. The utilities and power segment provides fuel pipeline transportation services, as well as the generation and distribution of electricity from solar power to the government. The business solution segment involves the development, design, manufacture, and sales of innovation and digital products, including the provision of other services. The majority of its revenue is generated from the Aviation segment.
74GF Score

Get the complete analysis for BKK:BAFS

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿10.80
Price
฿15.70
GF Value