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Thai Ha PCLBKK:KASET 25 Receivables Turnover is 1.79 as of Mar. 2026. GuruFocus rates BKK:KASET with a GF Score™ of 25/100 and a GF Value™ of ฿0.60 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,944 Consumer Packaged Goods companies, Thai Ha PCL ranks worse than 70.32% 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. Thai Ha PCL's Revenue for the
three
months ended in Mar. 2026 was ฿69.1 Mil. Thai Ha PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿38.6 Mil.
Hence, Thai Ha PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.79.
Thai Ha PCL (BKK:KASET) 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.
Thai Ha PCL Receivables Turnover Related Terms
Thai Ha PCL Receivables Turnover Historical Data
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The historical data trend for Thai Ha 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.
BKK:KASET vs KHC, GIS: Receivables Turnover Comparison
For the Packaged Foods subindustry, Thai Ha 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.
Thai Ha PCL Receivables Turnover vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Ha PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thai Ha 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.
Thai Ha PCL (BKK:KASET) has a Receivables Turnover of 1.79 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 Thai Ha PCL and its competitors. According to the industry distribution chart, Thai Ha PCL ranks #1367 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 70.3%.
Is Thai Ha PCL's Receivables Turnover too high?
Thai Ha PCL's current Receivables Turnover is 1.79. The Consumer Packaged Goods industry median Receivables Turnover is 9.34. Thai Ha PCL's value of 1.79 is 80.8% below this industry median. Based on the distribution chart, Thai Ha PCL ranks #1367 out of 1944 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Ha PCL has a GF Score™ of 25/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Ha PCL's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Ha PCL ranks #1367 out of 1944 companies for Receivables Turnover. This places Thai Ha PCL in the lower half of its industry. The industry median Receivables Turnover is 9.34. Thai Ha PCL's value of 1.79 is 80.8% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.34, based on 1,944 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. Thai Ha PCL's current Receivables Turnover of 1.79 is 80.8% 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 Thai Ha PCL and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Ha PCL's current Receivables Turnover is 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Ha PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Ha PCL (BKK:KASET) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.60, compared to a current price of ฿0.68 — trading 13.3% above its estimated fair value. The current Receivables Turnover is 1.79 and 80.8% below the Consumer Packaged Goods industry median of 9.34. Thai Ha PCL's overall GF Score™ is 25/100 with 8 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 Thai Ha PCL (BKK:KASET), the current Receivables Turnover is 1.79 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 Thai Ha PCL (BKK:KASET) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Ha PCL stock appears to be overvalued.
The current stock price of ฿0.68 is trading 13.3% above its estimated GF Value™ of ฿0.60.
GuruFocus considers Thai Ha PCL to be Modestly Overvalued.
Key valuation signals for BKK:KASET:
Receivables Turnover: 1.79
GF Value™: ฿0.60 vs. price of ฿0.68 (13.3% above fair value)
Industry Position: 80.8% below the Consumer Packaged Goods median (#1367 of 1944)
No single metric tells the full story. See the BKK:KASET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Ha PCL is engaged in the manufacture and distribution of agricultural products. It is also involved in the processing of agricultural products and instant products. The company produces and distributes Jasmine rice, beans and processed agricultural products such as Soybean oil, Bean thread vermicelli, and Vinegar under the brand Kaset and Smart Chef. The operating segment is manufacturing and merchandising segments of agricultural products and processed agricultural products and instant products. It derives maximum revenue from Manufacturing from export sales.
25GF Score
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