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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. Chai Watana Tannery Group PCL's Revenue for the
three
months ended in Mar. 2026 was ฿331 Mil. Chai Watana Tannery Group PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿173 Mil.
Hence, Chai Watana Tannery Group PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.91.
Chai Watana Tannery Group PCL (BKK:CWT) 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.
Chai Watana Tannery Group PCL Receivables Turnover Related Terms
Chai Watana Tannery Group PCL Receivables Turnover Historical Data
* 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.
Chai Watana Tannery Group PCL Receivables Turnover Chart
BKK:CWT vs MMM, HON: Receivables Turnover Comparison
For the Conglomerates subindustry, Chai Watana Tannery 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.
Chai Watana Tannery Group PCL Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Chai Watana Tannery Group PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Chai Watana Tannery 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.
Chai Watana Tannery Group PCL (BKK:CWT) has a Receivables Turnover of 1.91 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 Chai Watana Tannery Group PCL and its competitors. According to the industry distribution chart, Chai Watana Tannery Group PCL ranks #222 out of 542 companies in the Conglomerates industry, placing it in the top 41%.
Is Chai Watana Tannery Group PCL's Receivables Turnover too high?
Chai Watana Tannery Group PCL's current Receivables Turnover is 1.91. The Conglomerates industry median Receivables Turnover is 6.31. Chai Watana Tannery Group PCL's value of 1.91 is 69.7% below this industry median. Based on the distribution chart, Chai Watana Tannery Group PCL ranks #222 out of 542 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Chai Watana Tannery Group PCL has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chai Watana Tannery Group PCL's Receivables Turnover compare to MMM and HON?
According to the Conglomerates industry distribution chart, Chai Watana Tannery Group PCL ranks #222 out of 542 companies for Receivables Turnover. This puts Chai Watana Tannery Group PCL in the upper half of its industry. The industry median Receivables Turnover is 6.31. Chai Watana Tannery Group PCL's value of 1.91 is 69.7% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 542 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. Chai Watana Tannery Group PCL's current Receivables Turnover of 1.91 is 69.7% 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 Chai Watana Tannery Group PCL and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chai Watana Tannery Group PCL's current Receivables Turnover is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chai Watana Tannery Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Chai Watana Tannery Group PCL (BKK:CWT) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.87, compared to a current price of ฿0.92 — trading 5.7% above its estimated fair value. The current Receivables Turnover is 1.91 and 69.7% below the Conglomerates industry median of 6.31. Chai Watana Tannery Group PCL's overall GF Score™ is 38/100 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 Chai Watana Tannery Group PCL (BKK:CWT), the current Receivables Turnover is 1.91 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 Chai Watana Tannery Group PCL (BKK:CWT) Overvalued in 2026?
Based on GuruFocus' analysis, Chai Watana Tannery Group PCL stock appears to be overvalued.
The current stock price of ฿0.92 is trading 5.7% above its estimated GF Value™ of ฿0.87.
GuruFocus considers Chai Watana Tannery Group PCL to be Fairly Valued.
Key valuation signals for BKK:CWT:
Receivables Turnover: 1.91
GF Value™: ฿0.87 vs. price of ฿0.92 (5.7% above fair value)
Industry Position: 69.7% below the Conglomerates median (#222 of 542)
No single metric tells the full story. See the BKK:CWT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chai Watana Tannery Group PCL is a Thailand-based company engaged in diversified operations. The group operates through six reportable segments: Tannery Hide, Automotive Leather Cutting, Dog Chewable Toys, Furniture, Renewable Energy, and Design and Distribution of Aluminum Boats and Mini Buses. It generates the majority of its revenue from the Automotive Leather Cutting segment.
38GF Score
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