Euro Creations PCL (BKK:EURO) Receivables Turnover : 4.27 (As of Dec. 2024)

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What is Euro Creations 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. Euro Creations PCL's Revenue for the three months ended in Dec. 2024 was ฿391 Mil. Euro Creations PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿92 Mil. Hence, Euro Creations PCL's Receivables Turnover for the three months ended in Dec. 2024 was 4.27.

Euro Creations PCL Receivables Turnover Historical Data

The historical data trend for Euro Creations 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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Euro Creations PCL Receivables Turnover Chart

Euro Creations PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

8.66

8.78

13.71

21.67

18.41

Euro Creations PCL Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial							2.75	3.73	2.98	3.58	4.27

Competitive Comparison of Euro Creations PCL's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Euro Creations 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.

Euro Creations PCL's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Euro Creations PCL's Receivables Turnover distribution charts can be found below:

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

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Euro Creations PCL Receivables Turnover Calculation

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

Euro Creations 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 )
=	1280.237	/ (	(62.924	+	76.16)	/	2 )
=	1280.237	/	69.542
=	18.41

Euro Creations 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 )
=	391.332	/ (	(107.332	+	76.16)	/	2 )
=	391.332	/	91.746
=	4.27

Euro Creations PCL (BKK:EURO) 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.

Euro Creations PCL Receivables Turnover Related Terms

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Euro Creations PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Euro Creations PCL (BKK:EURO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit Road, 1050 Soi Sukhumvit 66/1, Phra Khanong Tai Subdistrict, Phra Khanong District, Bangkok, THA, 10260

Website

https://www.eurocreations.co.th

Euro Creations PCL is a decor company in Thailand. It provides European designer luxury furnishings and offers an extensive range of services and categories such as Bathroom, Bedroom, Dining room, Home Accessories, Kitchen, Lighting, Living room, Outdoor and Wardrobe furnishings. The company has two segments including business to consumer segment and business to business segments. The company generates the majority of its revenue from business-to-business segments.

Euro Creations PCL Headlines

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