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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. Index International Group PCL's Revenue for the
three
months ended in Mar. 2026 was ฿228 Mil. Index International Group PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿185 Mil.
Hence, Index International Group PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.23.
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
Index International Group 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.
Index International Group PCL Receivables Turnover Chart
BKK:IND vs PWR, FIX, EME: Receivables Turnover Comparison
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 Receivables Turnover vs 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.
* 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.
Index International Group PCL (BKK:IND) has a Receivables Turnover of 1.23 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 Index International Group PCL and its competitors. According to the industry distribution chart, Index International Group PCL ranks #541 out of 1763 companies in the Construction industry, placing it in the top 30.7%.
Is Index International Group PCL's Receivables Turnover too high?
Index International Group PCL's current Receivables Turnover is 1.23. The Construction industry median Receivables Turnover is 4.78. Index International Group PCL's value of 1.23 is 74.3% below this industry median. Based on the distribution chart, Index International Group PCL ranks #541 out of 1763 companies in the Construction industry, which is above the industry midpoint. Overall, Index International Group PCL has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Index International Group PCL's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Index International Group PCL ranks #541 out of 1763 companies for Receivables Turnover. This puts Index International Group PCL in the upper half of its industry. The industry median Receivables Turnover is 4.78. Index International Group PCL's value of 1.23 is 74.3% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,763 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. Index International Group PCL's current Receivables Turnover of 1.23 is 74.3% 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 Index International Group PCL and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Index International Group PCL's current Receivables Turnover is 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index International Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Index International Group PCL (BKK:IND) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.38, compared to a current price of ฿0.91 — trading 34.1% below its estimated fair value. The current Receivables Turnover is 1.23 and 74.3% below the Construction industry median of 4.78. Index International Group PCL's overall GF Score™ is 83/100 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 Index International Group PCL (BKK:IND), the current Receivables Turnover is 1.23 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 Index International Group PCL (BKK:IND) Overvalued in 2026?
Based on GuruFocus' analysis, Index International Group PCL stock appears to be undervalued.
The current stock price of ฿0.91 is trading 34.1% below its estimated GF Value™ of ฿1.38.
GuruFocus considers Index International Group PCL to be Possible Value Trap.
Key valuation signals for BKK:IND:
Receivables Turnover: 1.23
GF Value™: ฿1.38 vs. price of ฿0.91 (34.1% below fair value)
Industry Position: 74.3% below the Construction median (#541 of 1763)
No single metric tells the full story. See the BKK:IND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Index International Group PCL Business Description
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.
83GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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