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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. Firetrade Engineering PCL's Revenue for the
three
months ended in Mar. 2026 was ฿421 Mil. Firetrade Engineering PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿239 Mil.
Hence, Firetrade Engineering PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.77.
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.
Firetrade Engineering PCL Receivables Turnover Related Terms
Firetrade Engineering 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.
BKK:FTE vs ALLE, MSA, ADT: Receivables Turnover Comparison
For the Security & Protection Services subindustry, Firetrade Engineering 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.
Firetrade Engineering PCL Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Firetrade Engineering PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Firetrade Engineering 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.
Firetrade Engineering PCL (BKK:FTE) has a Receivables Turnover of 1.77 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 Firetrade Engineering PCL and its competitors. According to the industry distribution chart, Firetrade Engineering PCL ranks #534 out of 1061 companies in the Business Services industry, placing it in the top 50.3%.
Is Firetrade Engineering PCL's Receivables Turnover too high?
Firetrade Engineering PCL's current Receivables Turnover is 1.77. The Business Services industry median Receivables Turnover is 6.38. Firetrade Engineering PCL's value of 1.77 is 72.3% below this industry median. Based on the distribution chart, Firetrade Engineering PCL ranks #534 out of 1061 companies in the Business Services industry, which is below the industry midpoint. Overall, Firetrade Engineering PCL has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firetrade Engineering PCL's Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Firetrade Engineering PCL ranks #534 out of 1061 companies for Receivables Turnover. This places Firetrade Engineering PCL in the lower half of its industry. The industry median Receivables Turnover is 6.38. Firetrade Engineering PCL's value of 1.77 is 72.3% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.38, based on 1,061 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. Firetrade Engineering PCL's current Receivables Turnover of 1.77 is 72.3% 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 Firetrade Engineering PCL and its competitors. For the Business Services industry, the median Receivables Turnover is 6.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firetrade Engineering PCL's current Receivables Turnover is 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firetrade Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Firetrade Engineering PCL (BKK:FTE) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.01, compared to a current price of ฿2.60 — trading 29.4% above its estimated fair value. The current Receivables Turnover is 1.77 and 72.3% below the Business Services industry median of 6.38. Firetrade Engineering PCL's overall GF Score™ is 80/100 with 6 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 Firetrade Engineering PCL (BKK:FTE), the current Receivables Turnover is 1.77 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 Firetrade Engineering PCL (BKK:FTE) Overvalued in 2026?
Based on GuruFocus' analysis, Firetrade Engineering PCL stock appears to be overvalued.
The current stock price of ฿2.60 is trading 29.4% above its estimated GF Value™ of ฿2.01.
GuruFocus considers Firetrade Engineering PCL to be Modestly Overvalued.
Key valuation signals for BKK:FTE:
Receivables Turnover: 1.77
GF Value™: ฿2.01 vs. price of ฿2.60 (29.4% above fair value)
Industry Position: 72.3% below the Business Services median (#534 of 1061)
No single metric tells the full story. See the BKK:FTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firetrade Engineering PCL is engaged in the sales of fire protection equipment and systems, design, installation, repair, and maintenance of fire protection systems. The company operates in two main business segments, namely sales of fire protection equipment systems and project works and services (design, installation, repair and maintenance of fire protection systems). Its products include fire protection equipment, foam system, cold water, and sanitary valves. The sales of the fire protection equipment systems segment act as a revenue driver for the firm. Its operations are in a single geographic area mainly in Thailand.
80GF Score
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