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Jubilee Enterprise PCL (BKK:JUBILE) Receivables Turnover : 3.39 (As of Sep. 2024)


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What is Jubilee Enterprise 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. Jubilee Enterprise PCL's Revenue for the three months ended in Sep. 2024 was ฿329 Mil. Jubilee Enterprise PCL's average Accounts Receivable for the three months ended in Sep. 2024 was ฿97 Mil. Hence, Jubilee Enterprise PCL's Receivables Turnover for the three months ended in Sep. 2024 was 3.39.


Jubilee Enterprise PCL Receivables Turnover Historical Data

The historical data trend for Jubilee Enterprise 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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Jubilee Enterprise PCL Receivables Turnover Chart

Jubilee Enterprise PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.42 13.19 11.82 16.47 16.37

Jubilee Enterprise PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 4.63 4.24 3.84 3.86 3.39

Competitive Comparison of Jubilee Enterprise PCL's Receivables Turnover

For the Luxury Goods subindustry, Jubilee Enterprise 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.


Jubilee Enterprise PCL's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jubilee Enterprise PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jubilee Enterprise PCL's Receivables Turnover falls into.



Jubilee Enterprise PCL Receivables Turnover Calculation

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

Jubilee Enterprise 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 )
=1559.38 / ((98.489 + 91.975) / 2 )
=1559.38 / 95.232
=16.37

Jubilee Enterprise PCL's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=328.992 / ((99.015 + 94.816) / 2 )
=328.992 / 96.9155
=3.39

* 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.


Jubilee Enterprise PCL  (BKK:JUBILE) 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.


Jubilee Enterprise PCL Receivables Turnover Related Terms

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Jubilee Enterprise PCL Business Description

Traded in Other Exchanges
Address
South Sathorn Road, 179 Bangkok City Tower, 10th Floor, Thungmahamek Sub-district, Sathorn District, Bangkok, THA, 10120
Jubilee Enterprise PCL is engaged in the retail and wholesale of jewelry. It sells its products under the Jubilee Diamond brand. The company offers Women's rings, earrings, pendants, bangles, and men's rings. The collection provided by the company includes Carat, Ballerina, Working Women, Diamond Line, Lucky 88, Love Bridge, The Excellence of Beauty, The Embrace of Pure Love, Wedding, and others.

Jubilee Enterprise PCL Headlines

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