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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. Harn Engineering Solutions PCL's Revenue for the
three
months ended in Jun. 2026 was ฿282 Mil. Harn Engineering Solutions PCL's average Accounts Receivable for the
three
months ended in Jun. 2026 was ฿202 Mil.
Hence, Harn Engineering Solutions PCL's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.40.
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.
Harn Engineering Solutions PCL Receivables Turnover Related Terms
Harn Engineering Solutions 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.
BKK:HARN vs ALLE, MSA, ADT: Receivables Turnover Comparison
For the Security & Protection Services subindustry, Harn Engineering Solutions 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.
Harn Engineering Solutions PCL Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Harn Engineering Solutions PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Harn Engineering Solutions 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.
Harn Engineering Solutions PCL (BKK:HARN) has a Receivables Turnover of 1.40 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 Harn Engineering Solutions PCL and its competitors. According to the industry distribution chart, Harn Engineering Solutions PCL ranks #613 out of 1061 companies in the Business Services industry, placing it in the top 57.8%.
Is Harn Engineering Solutions PCL's Receivables Turnover too high?
Harn Engineering Solutions PCL's current Receivables Turnover is 1.40. The Business Services industry median Receivables Turnover is 6.42. Harn Engineering Solutions PCL's value of 1.40 is 78.2% below this industry median. Based on the distribution chart, Harn Engineering Solutions PCL ranks #613 out of 1061 companies in the Business Services industry, which is below the industry midpoint. Overall, Harn Engineering Solutions PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harn Engineering Solutions PCL's Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Harn Engineering Solutions PCL ranks #613 out of 1061 companies for Receivables Turnover. This places Harn Engineering Solutions PCL in the lower half of its industry. The industry median Receivables Turnover is 6.42. Harn Engineering Solutions PCL's value of 1.40 is 78.2% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.42, based on 1,061 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. Harn Engineering Solutions PCL's current Receivables Turnover of 1.40 is 78.2% 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 Harn Engineering Solutions PCL and its competitors. For the Business Services industry, the median Receivables Turnover is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harn Engineering Solutions PCL's current Receivables Turnover is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harn Engineering Solutions PCL stock overvalued right now?
Based on GuruFocus' analysis, Harn Engineering Solutions PCL (BKK:HARN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.04, compared to a current price of ฿1.99 — trading 2.5% below its estimated fair value. The current Receivables Turnover is 1.40 and 78.2% below the Business Services industry median of 6.42. Harn Engineering Solutions PCL's overall GF Score™ is 77/100 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 Harn Engineering Solutions PCL (BKK:HARN), the current Receivables Turnover is 1.40 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.
Is Harn Engineering Solutions PCL (BKK:HARN) Overvalued in 2026?
Based on GuruFocus' analysis, Harn Engineering Solutions PCL stock appears to be undervalued.
The current stock price of ฿1.99 is trading 2.5% below its estimated GF Value™ of ฿2.04.
GuruFocus considers Harn Engineering Solutions PCL to be Fairly Valued.
Key valuation signals for BKK:HARN:
Receivables Turnover: 1.40
GF Value™: ฿2.04 vs. price of ฿1.99 (2.5% below fair value)
Industry Position: 78.2% below the Business Services median (#613 of 1061)
No single metric tells the full story. See the BKK:HARN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harn Engineering Solutions PCL is engaged in wholesaling, retailing, repairing, renting, leasing, contracting, and installing fire protection systems and fire suppression agents, as well as trading cold storage devices and printing equipment. The company operates in six segments, namely Fire Protection Products and Project segment, which contributes the majority of revenue, Sanitary and Air-Conditioning System, Refrigeration System, Digital Printing System, Building IoT Solutions, and Products of Medical 3D Printing Systems.
77GF Score
Get the complete analysis for BKK:HARN
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