Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Grand Prix International PCL's Revenue for the
three
months ended in Mar. 2026 was ฿485.6 Mil. Grand Prix International PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿20.8 Mil.
Hence, Grand Prix International PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 23.29.
Grand Prix International PCL (BKK:GPI) 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.
Grand Prix International PCL Receivables Turnover Related Terms
Grand Prix International 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.
Grand Prix International PCL Receivables Turnover Chart
BKK:GPI vs APP, OMC, TTD: Receivables Turnover Comparison
For the Advertising Agencies subindustry, Grand Prix International 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.
Grand Prix International PCL Receivables Turnover vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Grand Prix International PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Grand Prix International 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.
Grand Prix International PCL (BKK:GPI) has a Receivables Turnover of 23.29 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 Grand Prix International PCL and its competitors. According to the industry distribution chart, Grand Prix International PCL ranks #34 out of 1004 companies in the Media - Diversified industry, placing it in the top 3.4%.
Is Grand Prix International PCL's Receivables Turnover too high?
Grand Prix International PCL's current Receivables Turnover is 23.29. The Media - Diversified industry median Receivables Turnover is 5.34. Grand Prix International PCL's value of 23.29 is 336.6% above this industry median. Based on the distribution chart, Grand Prix International PCL ranks #34 out of 1004 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Prix International PCL has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Prix International PCL's Receivables Turnover compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Grand Prix International PCL ranks #34 out of 1004 companies for Receivables Turnover. This places Grand Prix International PCL in the top 3% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.34. Grand Prix International PCL's value of 23.29 is 336.6% above 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.34, based on 1,004 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. Grand Prix International PCL's current Receivables Turnover of 23.29 is 336.6% above 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 Grand Prix International PCL and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Prix International PCL's current Receivables Turnover is 23.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Prix International PCL stock overvalued right now?
Based on GuruFocus' analysis, Grand Prix International PCL (BKK:GPI) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.00, compared to a current price of ฿1.79 — trading 10.5% below its estimated fair value. The current Receivables Turnover is 23.29 and 336.6% above the Media - Diversified industry median of 5.34. Grand Prix International PCL's overall GF Score™ is 95/100 with 2 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 Grand Prix International PCL (BKK:GPI), the current Receivables Turnover is 23.29 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 Grand Prix International PCL (BKK:GPI) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Prix International PCL stock appears to be undervalued.
The current stock price of ฿1.79 is trading 10.5% below its estimated GF Value™ of ฿2.00.
GuruFocus considers Grand Prix International PCL to be Modestly Undervalued.
Key valuation signals for BKK:GPI:
Receivables Turnover: 23.29
GF Value™: ฿2.00 vs. price of ฿1.79 (10.5% below fair value)
Industry Position: 336.6% above the Media - Diversified median (#34 of 1004)
No single metric tells the full story. See the BKK:GPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Prix International PCL is engaged in providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments, namely Activities Services, Media & Publishing, Printing Services, and the Other segment. The company derives a majority of its revenue from the Activities Services segment.
95GF Score
Get the complete analysis for BKK:GPI
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:GPI has been successfully added to your 
