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. Bless Asset Group PCL's Revenue for the
three
months ended in Mar. 2026 was ฿139.5 Mil. Bless Asset Group PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿4.6 Mil.
Hence, Bless Asset Group PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 30.14.
Bless Asset Group PCL (BKK:BLESS) 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.
Bless Asset Group PCL Receivables Turnover Related Terms
Bless Asset Group PCL Receivables Turnover Historical Data
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The historical data trend for Bless Asset Group 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.
Bless Asset Group PCL Receivables Turnover Competitor Comparison
For the Real Estate - Development subindustry, Bless Asset Group 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.
Bless Asset Group PCL Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Bless Asset Group PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Bless Asset Group PCL's Receivables Turnover falls into.
* 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.
Bless Asset Group PCL (BKK:BLESS) has a Receivables Turnover of 30.14 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 Bless Asset Group PCL and its competitors. According to the industry distribution chart, Bless Asset Group PCL ranks #194 out of 1665 companies in the Real Estate industry, placing it in the top 11.7%.
Is Bless Asset Group PCL's Receivables Turnover too high?
Bless Asset Group PCL's current Receivables Turnover is 30.14. The Real Estate industry median Receivables Turnover is 10.73. Bless Asset Group PCL's value of 30.14 is 180.9% above this industry median. Based on the distribution chart, Bless Asset Group PCL ranks #194 out of 1665 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Bless Asset Group PCL has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bless Asset Group PCL's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Bless Asset Group PCL ranks #194 out of 1665 companies for Receivables Turnover. This places Bless Asset Group PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.73. Bless Asset Group PCL's value of 30.14 is 180.9% above 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.73, based on 1,665 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. Bless Asset Group PCL's current Receivables Turnover of 30.14 is 180.9% above 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 Bless Asset Group PCL and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bless Asset Group PCL's current Receivables Turnover is 30.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bless Asset Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Bless Asset Group PCL (BKK:BLESS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.37, compared to a current price of ฿0.25 — trading 32.4% below its estimated fair value. The current Receivables Turnover is 30.14 and 180.9% above the Real Estate industry median of 10.73. Bless Asset Group PCL's overall GF Score™ is 44/100 with 5 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 Bless Asset Group PCL (BKK:BLESS), the current Receivables Turnover is 30.14 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 Bless Asset Group PCL (BKK:BLESS) Overvalued in 2026?
Based on GuruFocus' analysis, Bless Asset Group PCL stock appears to be undervalued.
The current stock price of ฿0.25 is trading 32.4% below its estimated GF Value™ of ฿0.37.
GuruFocus considers Bless Asset Group PCL to be Possible Value Trap.
Key valuation signals for BKK:BLESS:
Receivables Turnover: 30.14
GF Value™: ฿0.37 vs. price of ฿0.25 (32.4% below fair value)
Industry Position: 180.9% above the Real Estate median (#194 of 1665)
No single metric tells the full story. See the BKK:BLESS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bless Asset Group PCL is engaged in the property development business. The company develops and sells various types of residential real estate, comprising detached houses, semi-detached houses, townhomes, and low-rise condominiums. Geographically, its operations are carried out only in Thailand.
44GF Score
Get the complete analysis for BKK:BLESS
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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