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KWI PCL (BKK:KWI-R) Receivables Turnover : 1.95 (As of Sep. 2024)


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What is KWI 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. KWI PCL's Revenue for the three months ended in Sep. 2024 was ฿422 Mil. KWI PCL's average Accounts Receivable for the three months ended in Sep. 2024 was ฿216 Mil. Hence, KWI PCL's Receivables Turnover for the three months ended in Sep. 2024 was 1.95.


KWI PCL Receivables Turnover Historical Data

The historical data trend for KWI 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.

* Premium members only.

KWI PCL Receivables Turnover Chart

KWI 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 1.00 2.73 6.94 7.11 6.87

KWI 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 1.78 2.07 1.31 4.72 1.95

Competitive Comparison of KWI PCL's Receivables Turnover

For the Insurance - Diversified subindustry, KWI 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.


KWI PCL's Receivables Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, KWI PCL's Receivables Turnover distribution charts can be found below:

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


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KWI PCL Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1224.772 / ((140.168 + 216.401) / 2 )
=1224.772 / 178.2845
=6.87

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

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=422.269 / ((280.644 + 152.21) / 2 )
=422.269 / 216.427
=1.95

* 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.


KWI PCL  (BKK:KWI-R) 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.


KWI PCL Receivables Turnover Related Terms

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KWI PCL Business Description

Traded in Other Exchanges
Address
138/108 Nares Road, 30th Floor, Jewellery Centre Building, Sipraya Sub-District, Bang Rak District, Bangkok, THA, 10500
KWI PCL is engaged in a diverse range of businesses throughout Greater China and Southeast Asia. The principal businesses of the group are general insurance, life insurance, mutual fund management, and real estate development where business synergies are created to offer personal and business customers from home building and daily protection to lifelong protection, and wealth management. The company constantly searches for new opportunities that will strengthen existing businesses and further promote the synergies between businesses to achieve its goal which is to provide sustainable maximum returns for stakeholders.

KWI PCL Headlines

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