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. Grande Asset Hotels And Property PCL's Revenue for the
three
months ended in Mar. 2026 was ฿636 Mil. Grande Asset Hotels And Property PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿91 Mil.
Hence, Grande Asset Hotels And Property PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 6.95.
Grande Asset Hotels And Property PCL (BKK:GRAND-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.
Grande Asset Hotels And Property PCL Receivables Turnover Related Terms
Grande Asset Hotels And Property 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.
Grande Asset Hotels And Property PCL Receivables Turnover Chart
BKK:GRAND-R vs MAR, HLT, H: Receivables Turnover Comparison
For the Lodging subindustry, Grande Asset Hotels And Property 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.
Grande Asset Hotels And Property PCL Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grande Asset Hotels And Property PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Grande Asset Hotels And Property 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.
Grande Asset Hotels And Property PCL (BKK:GRAND-R) has a Receivables Turnover of 6.95 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 Grande Asset Hotels And Property PCL and its competitors. According to the industry distribution chart, Grande Asset Hotels And Property PCL ranks #264 out of 834 companies in the Travel & Leisure industry, placing it in the top 31.7%.
Is Grande Asset Hotels And Property PCL's Receivables Turnover too high?
Grande Asset Hotels And Property PCL's current Receivables Turnover is 6.95. The Travel & Leisure industry median Receivables Turnover is 14.06. Grande Asset Hotels And Property PCL's value of 6.95 is 50.6% below this industry median. Based on the distribution chart, Grande Asset Hotels And Property PCL ranks #264 out of 834 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Grande Asset Hotels And Property PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Grande Asset Hotels And Property PCL's Receivables Turnover compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Grande Asset Hotels And Property PCL ranks #264 out of 834 companies for Receivables Turnover. This puts Grande Asset Hotels And Property PCL in the upper half of its industry. The industry median Receivables Turnover is 14.06. Grande Asset Hotels And Property PCL's value of 6.95 is 50.6% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.06, based on 834 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. Grande Asset Hotels And Property PCL's current Receivables Turnover of 6.95 is 50.6% 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 Grande Asset Hotels And Property PCL and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grande Asset Hotels And Property PCL's current Receivables Turnover is 6.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grande Asset Hotels And Property PCL stock overvalued right now?
Grande Asset Hotels And Property PCL (BKK:GRAND-R) has a current Receivables Turnover of 6.95. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.04 — trading 71.4% below its estimated fair value. The current Receivables Turnover is 6.95 and 50.6% below the Travel & Leisure industry median of 14.06. Grande Asset Hotels And Property PCL's overall GF Score™ is 8/100 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 Grande Asset Hotels And Property PCL (BKK:GRAND-R), the current Receivables Turnover is 6.95 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 Grande Asset Hotels And Property PCL (BKK:GRAND-R) Overvalued in 2026?
Based on GuruFocus' analysis, Grande Asset Hotels And Property PCL stock appears to be undervalued.
The current stock price of ฿0.04 is trading 71.4% below its estimated GF Value™ of ฿0.14.
Key valuation signals for BKK:GRAND-R:
Receivables Turnover: 6.95
GF Value™: ฿0.14 vs. price of ฿0.04 (71.4% below fair value)
Industry Position: 50.6% below the Travel & Leisure median (#264 of 834)
No single metric tells the full story. See the BKK:GRAND-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grande Asset Hotels And Property PCL Business Description
Grande Asset Hotels And Property PCL operates in the hotel industry. It is principally engaged in hotel, property development and rental businesses. The company's reportable segments include Hotel business, Rental business and Property development business. The majority of revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Hyde Heritage Thonglor, Hyde Sukhumvit 11 and Amatara Residences Rayong.
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