JRW Utility PCL (BKK:JR) Receivables Turnover : 0.88 (As of Mar. 2024)

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What is JRW Utility 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. JRW Utility PCL's Revenue for the three months ended in Mar. 2024 was ฿349 Mil. JRW Utility PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿398 Mil. Hence, JRW Utility PCL's Receivables Turnover for the three months ended in Mar. 2024 was 0.88.

JRW Utility PCL Receivables Turnover Historical Data

The historical data trend for JRW Utility 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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JRW Utility PCL Receivables Turnover Chart

JRW Utility PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.24

19.80

17.11

5.95

4.41

JRW Utility PCL Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.15	1.02	1.43	0.83	0.88

Competitive Comparison of JRW Utility PCL's Receivables Turnover

For the Engineering & Construction subindustry, JRW Utility 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.

JRW Utility PCL's Receivables Turnover Distribution in the Construction Industry

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

* The bar in red indicates where JRW Utility PCL's Receivables Turnover falls into.

JRW Utility PCL Receivables Turnover Calculation

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

JRW Utility PCL's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1944.809	/ (	(452.789	+	428.819)	/	2 )
=	1944.809	/	440.804
=	4.41

JRW Utility PCL's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	349.025	/ (	(428.819	+	367.12)	/	2 )
=	349.025	/	397.9695
=	0.88

JRW Utility PCL (BKK:JR) 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.

JRW Utility PCL Receivables Turnover Related Terms

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JRW Utility PCL (BKK:JR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JRW Utility PCL (BKK:JR) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Soi Ramindra 65, Ramindra Road, Tharang, 32/288-290, Moo 8, Bangkhen, Bangkok, THA, 10230

Website

https://www.jrw.co.th

JRW Utility PCL is principally engaged in the contractor, consultation, installation, repair, inspection, trading, and distribution of tools, equipment, and materials relating to electricity, civil, mechanical, electronic, security equipment, and all types of telecommunications systems. It is organized into two reportable segments: Sales of electronics equipment segment, and Contract services segment. A vast majority of its revenues is generated from the Contract services segment. The company operates in Thailand only.

JRW Utility PCL (BKK:JR) Headlines

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