Index International Group PCL (BKK:IND) Receivables Turnover : 1.15 (As of Dec. 2024)

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What is Index International Group 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. Index International Group PCL's Revenue for the three months ended in Dec. 2024 was ฿258.2 Mil. Index International Group PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿225.4 Mil. Hence, Index International Group PCL's Receivables Turnover for the three months ended in Dec. 2024 was 1.15.

Index International Group PCL Receivables Turnover Historical Data

The historical data trend for Index International Group 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.

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Index International Group PCL Receivables Turnover Chart

Index International Group PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.32

3.79

5.73

5.06

3.03

Index International Group PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.41	1.11	1.32	1.86	1.15

Competitive Comparison of Index International Group PCL's Receivables Turnover

For the Engineering & Construction subindustry, Index International Group 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.

Index International Group PCL's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Index International Group PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Index International Group PCL's Receivables Turnover falls into.

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Index International Group PCL Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	794.362	/ (	(203.477	+	320.881)	/	2 )
=	794.362	/	262.179
=	3.03

Index International Group PCL's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	258.246	/ (	(129.868	+	320.881)	/	2 )
=	258.246	/	225.3745
=	1.15

Index International Group PCL (BKK:IND) 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.

Index International Group PCL Receivables Turnover Related Terms

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Index International Group PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Index International Group PCL (BKK:IND) » Definitions » Receivables Turnover

Comparable Companies

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IND-R:Thailand

Address

1/814 Moo 17, Soi Amphon, Phaholyothin Road, Kukot, Lumlukka, Pathumthani, THA, 12130

Website

https://www.index.co.th

Index International Group PCL is an engineering consultancy firm offering detailed design services, project management services, and detailed design construction. Its services include a wide range of services in specialized fields such as project planning, city, and district planning, architectural design involving landscaping and architecture, and engineering design involving structural, electrical, mechanical, transportation, sanitary, geotechnical, environmental, and water resources engineering. The group operates in Thailand.

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