King Gen PCL (BKK:KGEN) Receivables Turnover : 2.81 (As of Mar. 2024)

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What is King Gen 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. King Gen PCL's Revenue for the three months ended in Mar. 2024 was ฿164.2 Mil. King Gen PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿58.4 Mil. Hence, King Gen PCL's Receivables Turnover for the three months ended in Mar. 2024 was 2.81.

King Gen PCL Receivables Turnover Historical Data

The historical data trend for King Gen 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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King Gen PCL Receivables Turnover Chart

King Gen PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.46

6.62

2.32

17.98

King Gen PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															-	6.47	2.86	3.97	2.81

Competitive Comparison of King Gen PCL's Receivables Turnover

For the Railroads subindustry, King Gen 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.

King Gen PCL's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, King Gen PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where King Gen PCL's Receivables Turnover falls into.

King Gen PCL Receivables Turnover Calculation

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

King Gen 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 )
=	486.708	/ (	(2.748	+	51.405)	/	2 )
=	486.708	/	27.0765
=	17.98

King Gen 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 )
=	164.193	/ (	(51.405	+	65.469)	/	2 )
=	164.193	/	58.437
=	2.81

King Gen PCL (BKK:KGEN) 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.

King Gen PCL Receivables Turnover Related Terms

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King Gen PCL (BKK:KGEN) Business Description

Industry

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Address

Debaratana Road, No. 589/23, Central City Tower, Room No. OF2301, Floor 23, Bangna Nuea Subdistrict, Bangna District, Bangkok, THA, 10260

Website

https://www.kinggen.co.th/

King Gen PCL is engaged in a media service business. The principal activities of the company are a production of TV and radio programs and providing advertisements through TV media, radio media and new media forms. It operates its business through three segments: TV Advertising Media, New Media Advertising and sell products. The company generates maximum revenue from the TV Advertising Media segment. Geographically, it managed and operates its business principally in Thailand.

King Gen PCL (BKK:KGEN) Headlines

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