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Gulf Development PCLBKK:GULF +0.41%12 Receivables Turnover is 1.21 as of Jun. 2026. GuruFocus rates BKK:GULF with a GF Score™ of 12/100. The stock has 10 warning signs investors should review. Among 414 Utilities - Independent Power Producers companies, Gulf Development PCL ranks worse than 62.32% 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. Gulf Development PCL's Revenue for the
three
months ended in Jun. 2026 was ฿44,478 Mil. Gulf Development PCL's average Accounts Receivable for the
three
months ended in Jun. 2026 was ฿36,925 Mil.
Hence, Gulf Development PCL's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.20.
Gulf Development PCL (BKK:GULF) 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.
Gulf Development PCL Receivables Turnover Related Terms
Gulf Development PCL Receivables Turnover Historical Data
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The historical data trend for Gulf Development 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.
BKK:GULF vs CEG, VST, NRG: Receivables Turnover Comparison
For the Utilities - Independent Power Producers subindustry, Gulf Development 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.
Gulf Development PCL Receivables Turnover vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Development PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Gulf Development 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.
Gulf Development PCL (BKK:GULF) has a Receivables Turnover of 1.21 as of Jun. 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 Gulf Development PCL and its competitors. According to the industry distribution chart, Gulf Development PCL ranks #258 out of 414 companies in the Utilities - Independent Power Producers industry, placing it in the top 62.3%.
Is Gulf Development PCL's Receivables Turnover too high?
Gulf Development PCL's current Receivables Turnover is 1.21. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.65. Gulf Development PCL's value of 1.21 is 78.6% below this industry median. Based on the distribution chart, Gulf Development PCL ranks #258 out of 414 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Gulf Development PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Development PCL's Receivables Turnover compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Gulf Development PCL ranks #258 out of 414 companies for Receivables Turnover. This places Gulf Development PCL in the lower half of its industry. The industry median Receivables Turnover is 5.65. Gulf Development PCL's value of 1.21 is 78.6% 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 5.65, based on 414 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. Gulf Development PCL's current Receivables Turnover of 1.21 is 78.6% 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 Gulf Development PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Development PCL's current Receivables Turnover is 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Development PCL stock overvalued right now?
Gulf Development PCL (BKK:GULF) has a current Receivables Turnover of 1.21. The current Receivables Turnover is 1.21 and 78.6% below the Utilities - Independent Power Producers industry median of 5.65. Gulf Development PCL's overall GF Score™ is 12/100 with 10 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 Gulf Development PCL (BKK:GULF), the current Receivables Turnover is 1.21 as of Jun. 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.
Gulf Development PCL is a Thailand-based company mainly involved in the electricity-generating business. The group's principal operations are to generate and sell electricity and steam, store and convert natural gas from liquid to gas, provide satellite services, and operate other businesses in domestic and international markets. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. The group's reportable segments are: Power business (which generates maximum revenue), Consulting business, Infrastructure business, and Satellite and digital business. Geographically, it derives maximum revenue from Thailand.
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