Carabao Group PCL (BKK:CBG) Receivables Turnover: 3.64 (As of Mar. 2026)

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BKK:CBG Carabao Group PCL BKK:CBG
91 GF Score
Price ฿51.25
GF Value ฿76.62
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Carabao Group PCL Receivables Turnover?

Carabao Group PCL BKK:CBG +0.99% 91 Receivables Turnover is 3.64 as of Mar. 2026. GuruFocus rates BKK:CBG with a GF Score™ of 91/100 and a GF Value™ of ฿76.62 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Carabao Group PCL ranks better than 87.07% 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. Carabao Group PCL's Revenue for the three months ended in Mar. 2026 was ฿5,321 Mil. Carabao Group PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿1,462 Mil. Hence, Carabao Group PCL's Receivables Turnover for the three months ended in Mar. 2026 was 3.64.


Carabao Group PCL  (BKK:CBG) 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.


Carabao Group PCL Receivables Turnover Related Terms


Carabao Group PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Carabao 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.

Carabao Group PCL Receivables Turnover Chart

Carabao Group 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 12.16 10.05 9.27 14.19 17.00

Carabao Group 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 4.73 5.26 5.10 4.34 3.64

BKK:CBG vs KO, PEP, MNST: Receivables Turnover Comparison

For the Beverages - Non-Alcoholic subindustry, Carabao 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.


Carabao Group PCL Receivables Turnover vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Carabao Group PCL's Receivables Turnover distribution charts can be found below:

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


BKK:CBG
91GF Score
Carabao Group PCL BKK:CBG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Carabao Group PCL Receivables Turnover Calculation

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

Carabao Group 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 )
=22041.839 / ((1140.968 + 1452.149) / 2 )
=22041.839 / 1296.5585
=17.00

Carabao Group 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 )
=5320.502 / ((1452.149 + 1471.345) / 2 )
=5320.502 / 1461.747
=3.64

* 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 3.64 mean?
Carabao Group PCL (BKK:CBG) has a Receivables Turnover of 3.64 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 Carabao Group PCL and its competitors. According to the industry distribution chart, Carabao Group PCL ranks #15 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 12.9%.
Is Carabao Group PCL's Receivables Turnover too high?
Carabao Group PCL's current Receivables Turnover is 3.64. The Beverages - Non-Alcoholic industry median Receivables Turnover is 9.07. Carabao Group PCL's value of 3.64 is 59.8% below this industry median. Based on the distribution chart, Carabao Group PCL ranks #15 out of 116 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Carabao Group PCL has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carabao Group PCL's Receivables Turnover compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Carabao Group PCL ranks #15 out of 116 companies for Receivables Turnover. This places Carabao Group PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.07. Carabao Group PCL's value of 3.64 is 59.8% 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 Beverages - Non-Alcoholic company?
The median Receivables Turnover among Beverages - Non-Alcoholic companies is 9.07, based on 116 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. Carabao Group PCL's current Receivables Turnover of 3.64 is 59.8% 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 Carabao Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Receivables Turnover is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carabao Group PCL's current Receivables Turnover is 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carabao Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Carabao Group PCL (BKK:CBG) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿76.62, compared to a current price of ฿51.25 — trading 33.1% below its estimated fair value. The current Receivables Turnover is 3.64 and 59.8% below the Beverages - Non-Alcoholic industry median of 9.07. Carabao Group PCL's overall GF Score™ is 91/100 with 3 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 Carabao Group PCL (BKK:CBG), the current Receivables Turnover is 3.64 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 Carabao Group PCL (BKK:CBG) Overvalued in 2026?

Based on GuruFocus' analysis, Carabao Group PCL stock appears to be undervalued. The current stock price of ฿51.25 is trading 33.1% below its estimated GF Value™ of ฿76.62. GuruFocus considers Carabao Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:CBG:

  • Receivables Turnover: 3.64
  • GF Value™: ฿76.62 vs. price of ฿51.25 (33.1% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 59.8% below the Beverages - Non-Alcoholic median (#15 of 116)

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


Carabao Group PCL Business Description

Other Exchanges CBG-F:Thailand
Address Silom Road, 393 Silom Building, 393, 7th - 10th Floor, Silom, Bangrak, Bangkok, THA, 10500
Carabao Group PCL manufactures and distributes energy drinks, water, and coffee under different brand names through its subsidiaries. It operates in three reportable segments: Manufacture and distribution of drinks under Group's trademark, Distribution of OEM products under Group's trademark, and Distribution of other products. A majority of the company's revenue is generated from the Manufacture and distribution of drinks under Group's trademark segment, which manufactures and sells carbonated and non-carbonated energy drinks, coffee, sports drinks, and vitamin-C drinks through Carabao and Woody C plus brands. Geographically, the company generates maximum revenue from the domestic market, and the rest from overseas markets like the United Kingdom, and other regions.
91GF Score

Get the complete analysis for BKK:CBG

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

฿51.25
Price
฿76.62
GF Value