Itthirit Nice PCL (BKK:ITTHI) Receivables Turnover: 7.38 (As of Mar. 2026)

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BKK:ITTHI Itthirit Nice Corp PCL BKK:ITTHI
59 GF Score
Price ฿1.35
GF Value ฿2.07
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Itthirit Nice PCL Receivables Turnover?

Itthirit Nice PCL BKK:ITTHI 59 Receivables Turnover is 7.38 as of Mar. 2026. GuruFocus rates BKK:ITTHI with a GF Score™ of 59/100 and a GF Value™ of ฿2.07 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Itthirit Nice PCL ranks better than 83.99% 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. Itthirit Nice PCL's Revenue for the three months ended in Mar. 2026 was ฿182.4 Mil. Itthirit Nice PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿24.7 Mil. Hence, Itthirit Nice PCL's Receivables Turnover for the three months ended in Mar. 2026 was 7.38.


Itthirit Nice PCL  (BKK:ITTHI) 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.


Itthirit Nice PCL Receivables Turnover Related Terms


Itthirit Nice PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Itthirit Nice 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.

Itthirit Nice PCL Receivables Turnover Chart

Itthirit Nice PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
4.56 4.35 3.46 5.38 17.75

Itthirit Nice PCL Quarterly Data
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 2.97 2.24 2.10 5.71 7.38

BKK:ITTHI vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Itthirit Nice 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.


Itthirit Nice PCL Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Itthirit Nice PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Itthirit Nice PCL's Receivables Turnover falls into.


BKK:ITTHI
59GF Score
Itthirit Nice Corp PCL BKK:ITTHI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Itthirit Nice PCL Receivables Turnover Calculation

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

Itthirit Nice 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 )
=692.985 / ((45.107 + 32.987) / 2 )
=692.985 / 39.047
=17.75

Itthirit Nice 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 )
=182.443 / ((32.987 + 16.428) / 2 )
=182.443 / 24.7075
=7.38

* 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 7.38 mean?
Itthirit Nice PCL (BKK:ITTHI) has a Receivables Turnover of 7.38 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 Itthirit Nice PCL and its competitors. According to the industry distribution chart, Itthirit Nice PCL ranks #69 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 16%.
Is Itthirit Nice PCL's Receivables Turnover too high?
Itthirit Nice PCL's current Receivables Turnover is 7.38. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.08. Itthirit Nice PCL's value of 7.38 is 4.2% above this industry median. Based on the distribution chart, Itthirit Nice PCL ranks #69 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Itthirit Nice PCL has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Itthirit Nice PCL's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Itthirit Nice PCL ranks #69 out of 431 companies for Receivables Turnover. This places Itthirit Nice PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.08. Itthirit Nice PCL's value of 7.38 is 4.2% above 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.08, based on 431 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. Itthirit Nice PCL's current Receivables Turnover of 7.38 is 4.2% above 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 Itthirit Nice PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itthirit Nice PCL's current Receivables Turnover is 7.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itthirit Nice PCL stock overvalued right now?
Based on GuruFocus' analysis, Itthirit Nice PCL (BKK:ITTHI) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿2.07, compared to a current price of ฿1.35 — trading 34.8% below its estimated fair value. The current Receivables Turnover is 7.38 and 4.2% above the Furnishings, Fixtures & Appliances industry median of 7.08. Itthirit Nice PCL's overall GF Score™ is 59/100 with 2 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 Itthirit Nice PCL (BKK:ITTHI), the current Receivables Turnover is 7.38 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 Itthirit Nice PCL (BKK:ITTHI) Overvalued in 2026?

Based on GuruFocus' analysis, Itthirit Nice PCL stock appears to be undervalued. The current stock price of ฿1.35 is trading 34.8% below its estimated GF Value™ of ฿2.07. GuruFocus considers Itthirit Nice PCL to be Significantly Undervalued.

Key valuation signals for BKK:ITTHI:

  • Receivables Turnover: 7.38
  • GF Value™: ฿2.07 vs. price of ฿1.35 (34.8% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 4.2% above the Furnishings, Fixtures & Appliances median (#69 of 431)

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


Itthirit Nice PCL Business Description

Address 89/18-19 Moo 5,Tambol Phanthai Norasing, Amphur Muang Samut Sakhon, Samut Sakhon Province, THA, 74000
Itthirit Nice Corp PCL is a distributor of electronic equipment which includes electric lighting products and equipment type IET (Internet Every Thing). Further, it is also involved in the production and distribution of disinfecting alcohol products. The company operates in three business segments, the Property development sector, the Government sector Retail, and the wholesale sector, the majority of its revenue is generated from the Government sector.
59GF Score

Get the complete analysis for BKK:ITTHI

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

฿1.35
Price
฿2.07
GF Value