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KPN Tower Property Fund (BKK:KPNPF) Receivables Turnover : 8.66 (As of Mar. 2024)


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What is KPN Tower Property Fund 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. KPN Tower Property Fund's Revenue for the three months ended in Mar. 2024 was ฿22.13 Mil. KPN Tower Property Fund's average Accounts Receivable for the three months ended in Mar. 2024 was ฿2.55 Mil. Hence, KPN Tower Property Fund's Receivables Turnover for the three months ended in Mar. 2024 was 8.66.


KPN Tower Property Fund Receivables Turnover Historical Data

The historical data trend for KPN Tower Property Fund'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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KPN Tower Property Fund Receivables Turnover Chart

KPN Tower Property Fund 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 50.37 9.05 8.02 42.32 30.35

KPN Tower Property Fund Quarterly Data
Jun19 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 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 7.23 4.63 4.13 9.14 8.66

Competitive Comparison of KPN Tower Property Fund's Receivables Turnover

For the REIT - Office subindustry, KPN Tower Property Fund'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.


KPN Tower Property Fund's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KPN Tower Property Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where KPN Tower Property Fund's Receivables Turnover falls into.



KPN Tower Property Fund Receivables Turnover Calculation

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

KPN Tower Property Fund'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 )
=85.532 / ((3.123 + 2.513) / 2 )
=85.532 / 2.818
=30.35

KPN Tower Property Fund'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 )
=22.125 / ((2.513 + 2.595) / 2 )
=22.125 / 2.554
=8.66

* 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.


KPN Tower Property Fund  (BKK:KPNPF) 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.


KPN Tower Property Fund Receivables Turnover Related Terms

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KPN Tower Property Fund (BKK:KPNPF) Business Description

Traded in Other Exchanges
N/A
Address
719 Rama IX Road Bangkapi, Huaykwang, Bangkok, THA, 10310
KPN Tower Property Fund is a closed-end property fund. The fund raises funds, and invests it in property and generates benefits from such property. The company operates property investment business from which it derives the majority of the revenues from Thailand.

KPN Tower Property Fund (BKK:KPNPF) Headlines

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