Brooker Group (BKK:BTC) Receivables Turnover : 3.26 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Brooker Group 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. Brooker Group's Revenue for the three months ended in Mar. 2024 was ฿244.0 Mil. Brooker Group's average Accounts Receivable for the three months ended in Mar. 2024 was ฿74.7 Mil. Hence, Brooker Group's Receivables Turnover for the three months ended in Mar. 2024 was 3.26.

Brooker Group Receivables Turnover Historical Data

The historical data trend for Brooker Group'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.

Brooker Group Receivables Turnover Chart

Brooker Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

12.30

5.64

2.74

0.95

3.32

Brooker Group 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															0.32	0.34	0.04	3.48	3.26

Competitive Comparison of Brooker Group's Receivables Turnover

For the Financial Conglomerates subindustry, Brooker Group'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.

Brooker Group's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Brooker Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Brooker Group's Receivables Turnover falls into.

Brooker Group Receivables Turnover Calculation

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

Brooker Group'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 )
=	323.254	/ (	(128.83	+	65.659)	/	2 )
=	323.254	/	97.2445
=	3.32

Brooker Group'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 )
=	243.993	/ (	(65.659	+	83.84)	/	2 )
=	243.993	/	74.7495
=	3.26

Brooker Group (BKK:BTC) 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.

Brooker Group Receivables Turnover Related Terms

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

Brooker Group (BKK:BTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Brooker Group PLC (BKK:BTC) » Definitions » Receivables Turnover

Traded in Other Exchanges

BROOK-F:Thailand

Address

10/190-193 Soi.Sukhumvit 13, Sukhumvit Road, 26th Floor, The Trendy Building, Khaeng Klong Toey Nua, Khet Wattana, Bangkok, THA, 10110

Website

https://www.brookergroup.com

Brooker Group PLC is a Thailand-based company engaged in the business of investments, lending, and provisions related to financial consulting services. The company through its subsidiaries offers business and financial consulting, investments, real estate brokerage and consultancy and offshore capital management services. Its operating segment is as follows: Business Consulting, Investments, Digital Asset, and Eliminated. The Business Consulting segment earns the majority of the revenue. The majority operation of the Company is in Thailand and in a foreign country.

Brooker Group (BKK:BTC) Headlines

From GuruFocus

Why Crypto's Feeling the Squeeze

By Steve Gray Booyens Steve Gray Booyens • 05-19-2021