Grand Prix International PCL (BKK:GPI-R) Receivables Turnover : 16.17 (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Grand Prix International 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. Grand Prix International PCL's Revenue for the three months ended in Mar. 2025 was ฿445.7 Mil. Grand Prix International PCL's average Accounts Receivable for the three months ended in Mar. 2025 was ฿27.6 Mil. Hence, Grand Prix International PCL's Receivables Turnover for the three months ended in Mar. 2025 was 16.17.

Grand Prix International PCL Receivables Turnover Historical Data

The historical data trend for Grand Prix International 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.

Grand Prix International PCL Receivables Turnover Chart

Grand Prix International PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

20.60

29.88

37.81

37.55

33.89

Grand Prix International PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															17.35	11.33	1.76	2.57	16.17

Competitive Comparison of Grand Prix International PCL's Receivables Turnover

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's Receivables Turnover Distribution in the 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.

Save Embed

;

Save Embed

;

Grand Prix International PCL Receivables Turnover Calculation

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

Grand Prix International PCL's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	749.552	/ (	(18.174	+	26.064)	/	2 )
=	749.552	/	22.119
=	33.89

Grand Prix International PCL's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	445.69	/ (	(26.064	+	29.047)	/	2 )
=	445.69	/	27.5555
=	16.17

Grand Prix International PCL (BKK:GPI-R) 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

Thank you for viewing the detailed overview of Grand Prix International PCL's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Grand Prix International PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grand Prix International PCL (BKK:GPI-R) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

GPI:Thailand

Address

Ladplaklao Road, No. 4/299, Moo 5, Soi Ladplaklao 66, Kwang Anusaovaree, Khet Bangkhen, Bangkok, THA, 10220

Website

https://www.grandprix.co.th

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, Media & Publishing, Provide Printing Services, and Other segment. The company derives a majority of its revenue from the Activities segment.

Grand Prix International PCL Headlines

No Headlines