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Chaosua Foods Industry PCL (BKK:CHAO) Receivables Turnover : 1.97 (As of Dec. 2024)


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What is Chaosua Foods Industry PCL 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. Chaosua Foods Industry PCL's Revenue for the three months ended in Dec. 2024 was ฿434 Mil. Chaosua Foods Industry PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿221 Mil. Hence, Chaosua Foods Industry PCL's Receivables Turnover for the three months ended in Dec. 2024 was 1.97.


Chaosua Foods Industry PCL Receivables Turnover Historical Data

The historical data trend for Chaosua Foods Industry 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.

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Chaosua Foods Industry PCL Receivables Turnover Chart

Chaosua Foods Industry PCL Annual Data
Trend Dec22 Dec23 Dec24
Receivables Turnover
5.97 6.34 6.77

Chaosua Foods Industry PCL Quarterly Data
Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Receivables Turnover Get a 7-Day Free Trial - 1.88 1.54 2.18 1.97

Competitive Comparison of Chaosua Foods Industry PCL's Receivables Turnover

For the Packaged Foods subindustry, Chaosua Foods Industry 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.


Chaosua Foods Industry PCL's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chaosua Foods Industry PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chaosua Foods Industry PCL's Receivables Turnover falls into.


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Chaosua Foods Industry PCL Receivables Turnover Calculation

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

Chaosua Foods Industry PCL's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=1567.145 / ((234.348 + 228.52) / 2 )
=1567.145 / 231.434
=6.77

Chaosua Foods Industry PCL's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=433.944 / ((212.911 + 228.52) / 2 )
=433.944 / 220.7155
=1.97

* 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.


Chaosua Foods Industry PCL  (BKK:CHAO) 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.


Chaosua Foods Industry PCL Receivables Turnover Related Terms

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Chaosua Foods Industry PCL Business Description

Traded in Other Exchanges
N/A
Address
Mittraphap Road, No. 99, Village No. 9, Sunaree Subdistrict, Mueang District, Ratchasima Provinc, Nakhon, THA, 30000
Chaosua Foods Industry PCL is engaged in the production and distribution of snacks. and processed food products from meat. The company has two reportable segments as follows: Snacks and Meal. Key revenue is generated from snacks. With Thailand, company operates in China, America, Australia, Hong Kong, and Others.

Chaosua Foods Industry PCL Headlines

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