Green Resources PCL (BKK:GREEN) Receivables Turnover: 1.62 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:GREEN Green Resources PCL BKK:GREEN
38 GF Score
Price ฿0.72
GF Value ฿0.84
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Green Resources PCL Receivables Turnover?

Green Resources PCL BKK:GREEN +1.41% 38 Receivables Turnover is 1.62 as of Mar. 2026. GuruFocus rates BKK:GREEN with a GF Score™ of 38/100 and a GF Value™ of ฿0.84 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 415 Utilities - Independent Power Producers companies, Green Resources PCL ranks better than 61.2% on this metric.

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. Green Resources PCL's Revenue for the three months ended in Mar. 2026 was ฿31.4 Mil. Green Resources PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿19.4 Mil. Hence, Green Resources PCL's Receivables Turnover for the three months ended in Mar. 2026 was 1.62.


Green Resources PCL  (BKK:GREEN) 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.


Green Resources PCL Receivables Turnover Related Terms


Green Resources PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Green Resources 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.

Green Resources PCL Receivables Turnover Chart

Green Resources PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.35 4.97 4.10 6.45 6.01

Green Resources PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.69 1.62 1.69 2.13 1.62

Green Resources PCL Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Green Resources 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.


Green Resources PCL Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Resources PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Green Resources PCL's Receivables Turnover falls into.


BKK:GREEN
38GF Score
Green Resources PCL BKK:GREEN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Green Resources PCL Receivables Turnover Calculation

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

Green Resources PCL's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=110.008 / ((17.984 + 18.641) / 2 )
=110.008 / 18.3125
=6.01

Green Resources PCL's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=31.439 / ((18.641 + 20.103) / 2 )
=31.439 / 19.372
=1.62

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.62 mean?
Green Resources PCL (BKK:GREEN) has a Receivables Turnover of 1.62 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 Green Resources PCL and its competitors. According to the industry distribution chart, Green Resources PCL ranks #161 out of 415 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.8%.
Is Green Resources PCL's Receivables Turnover too high?
Green Resources PCL's current Receivables Turnover is 1.62. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.70. Green Resources PCL's value of 1.62 is 71.6% below this industry median. Based on the distribution chart, Green Resources PCL ranks #161 out of 415 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Green Resources PCL has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Green Resources PCL's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Green Resources PCL ranks #161 out of 415 companies for Receivables Turnover. This puts Green Resources PCL in the upper half of its industry. The industry median Receivables Turnover is 5.70. Green Resources PCL's value of 1.62 is 71.6% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.70, based on 415 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. Green Resources PCL's current Receivables Turnover of 1.62 is 71.6% 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 Green Resources PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Resources PCL's current Receivables Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Resources PCL stock overvalued right now?
Based on GuruFocus' analysis, Green Resources PCL (BKK:GREEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.84, compared to a current price of ฿0.72 — trading 14.3% below its estimated fair value. The current Receivables Turnover is 1.62 and 71.6% below the Utilities - Independent Power Producers industry median of 5.70. Green Resources PCL's overall GF Score™ is 38/100 with 4 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 Green Resources PCL (BKK:GREEN), the current Receivables Turnover is 1.62 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 Green Resources PCL (BKK:GREEN) Overvalued in 2026?

Based on GuruFocus' analysis, Green Resources PCL stock appears to be undervalued. The current stock price of ฿0.72 is trading 14.3% below its estimated GF Value™ of ฿0.84. GuruFocus considers Green Resources PCL to be Modestly Undervalued.

Key valuation signals for BKK:GREEN:

  • Receivables Turnover: 1.62
  • GF Value™: ฿0.84 vs. price of ฿0.72 (14.3% below fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 71.6% below the Utilities - Independent Power Producers median (#161 of 415)

No single metric tells the full story. See the BKK:GREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Green Resources PCL Business Description

Address 405 Bond Street Road, Soi 13, Bang Pood Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Green Resources PCL is engaged in the business of real estate development, generation and distribution of electricity from solar, sale of goods with the installation of solar-cell systems. The company's segments include Real Estate, Rental and related services, and Energy generated from solar-cell systems. It derives the majority of the revenue from Energy generating from the solar-cell segment. The Group operates in a single geographical area in Thailand.
38GF Score

Get the complete analysis for BKK:GREEN

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.72
Price
฿0.84
GF Value