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Demco PCL (BKK:DEMCO) Receivables Turnover : 0.51 (As of Mar. 2024)


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What is Demco 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. Demco PCL's Revenue for the three months ended in Mar. 2024 was ฿491 Mil. Demco PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿966 Mil. Hence, Demco PCL's Receivables Turnover for the three months ended in Mar. 2024 was 0.51.


Demco PCL Receivables Turnover Historical Data

The historical data trend for Demco 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.

* Premium members only.

Demco PCL Receivables Turnover Chart

Demco PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.71 3.13 4.37 3.43 2.42

Demco PCL 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 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 0.81 1.18 0.99 1.02 0.51

Competitive Comparison of Demco PCL's Receivables Turnover

For the Engineering & Construction subindustry, Demco 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.


Demco PCL's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Demco PCL's Receivables Turnover distribution charts can be found below:

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



Demco PCL Receivables Turnover Calculation

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

Demco PCL'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 )
=2155.59 / ((795.706 + 988.569) / 2 )
=2155.59 / 892.1375
=2.42

Demco PCL'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 )
=490.766 / ((988.569 + 942.548) / 2 )
=490.766 / 965.5585
=0.51

* 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.


Demco PCL  (BKK:DEMCO) 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.


Demco PCL Receivables Turnover Related Terms

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Demco PCL (BKK:DEMCO) Business Description

Traded in Other Exchanges
N/A
Address
59 Moo 1, Suanphrikthai, Muang, Pathumthani, THA, 12000
Demco PCL is engaged in the sale of electric systems equipment and the provision of electric system construction and service work in the field of electrical engineering and telecommunications. Its segments are Sales, Electrical work services, Mechanical work services, Engagement work services, Electricity from solar power, and Others. The majority is from the Electrical work services segment, which includes Designing, constructing and managing electrical work on a complete service basis.

Demco PCL (BKK:DEMCO) Headlines

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