Bangkok Expressway (BKK:BECL-R) Receivables Turnover: 3.96 (As of Sep. 2015)


What is Bangkok Expressway Receivables Turnover?

Bangkok Expressway BKK:BECL-R Receivables Turnover is 3.96 as of Sep. 2015. The stock has 2 warning signs investors should review.

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 Expressway's Revenue for the three months ended in Sep. 2015 was ฿2,222.92 Mil. Bangkok Expressway's average Accounts Receivable for the three months ended in Sep. 2015 was ฿561.25 Mil. Hence, Bangkok Expressway's Receivables Turnover for the three months ended in Sep. 2015 was 3.96.

Bangkok Expressway  (BKK:BECL-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.

Bangkok Expressway Receivables Turnover Related Terms

Bangkok Expressway Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway'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 Expressway Receivables Turnover Chart

Bangkok Expressway Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Bangkok Expressway Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.00 0.00 0.00 0.00 3.96

BKK:BECL-R vs GVA, PRIM: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Bangkok Expressway'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 Expressway Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Bangkok Expressway's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway's Receivables Turnover falls into.


Bangkok Expressway Receivables Turnover Calculation

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

Bangkok Expressway's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=8485.018 / ((0 + 0) / 1 )
=8485.018 / 0
=N/A

Bangkok Expressway's Receivables Turnover for the quarter that ended in Sep. 2015 is calculated as

Receivables Turnover (Q: Sep. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2015 ) / ((Accounts Receivable (Q: Jun. 2015 ) + Accounts Receivable (Q: Sep. 2015 )) / count )
=2222.918 / ((0 + 561.25) / 1 )
=2222.918 / 561.25
=3.96

* 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 3.96 mean?
Bangkok Expressway (BKK:BECL-R) has a Receivables Turnover of 3.96 as of Sep. 2015. 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 Expressway and its competitors.
Is Bangkok Expressway's Receivables Turnover too high?
Bangkok Expressway's current Receivables Turnover is 3.96. The Construction industry median Receivables Turnover is 4.75. Bangkok Expressway's value of 3.96 is 16.6% below this industry median.
How does Bangkok Expressway's Receivables Turnover compare to GVA and PRIM?
Bangkok Expressway's Receivables Turnover of 3.96 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.75. Bangkok Expressway's value of 3.96 is 16.6% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.75, based on 1,759 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 Expressway's current Receivables Turnover of 3.96 is 16.6% 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 Expressway and its competitors. For the Construction industry, the median Receivables Turnover is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Expressway's current Receivables Turnover is 3.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway stock overvalued right now?
Bangkok Expressway (BKK:BECL-R) has a current Receivables Turnover of 3.96. The current Receivables Turnover is 3.96 and 16.6% below the Construction industry median of 4.75. 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 Expressway (BKK:BECL-R), the current Receivables Turnover is 3.96 as of Sep. 2015. 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.

Bangkok Expressway Business Description

Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.