Loxley PCL (BKK:LOXLEY) Receivables Turnover : 1.33 (As of Mar. 2024)

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What is Loxley 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. Loxley PCL's Revenue for the three months ended in Mar. 2024 was ฿2,319 Mil. Loxley PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿1,747 Mil. Hence, Loxley PCL's Receivables Turnover for the three months ended in Mar. 2024 was 1.33.

Loxley PCL Receivables Turnover Historical Data

The historical data trend for Loxley 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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Loxley PCL Receivables Turnover Chart

Loxley PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.13

5.09

5.25

5.81

5.21

Loxley PCL 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															1.27	1.19	1.47	1.80	1.33

Competitive Comparison of Loxley PCL's Receivables Turnover

For the Conglomerates subindustry, Loxley 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.

Loxley PCL's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Loxley PCL's Receivables Turnover distribution charts can be found below:

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

Loxley PCL Receivables Turnover Calculation

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

Loxley 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 )
=	11075.252	/ (	(2324	+	1926)	/	2 )
=	11075.252	/	2125
=	5.21

Loxley 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 )
=	2319.235	/ (	(1926	+	1568)	/	2 )
=	2319.235	/	1747
=	1.33

Loxley PCL (BKK:LOXLEY) 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.

Loxley PCL Receivables Turnover Related Terms

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Loxley PCL (BKK:LOXLEY) Business Description

Industry

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NVAI:Germany

Address

102 Na Ranong Road, Klong Toey, Klong Toey, Bangkok, THA, 10110

Website

http://www.loxley.co.th

Loxley PCL is a Thailand-based company engaged in the principal businesses of trading and turnkey contract sales of telecommunication equipment, rail transport engineering and other systems including installation. The active subsidiaries are mainly engaged in their core businesses of trading, sales and services of information technologies and automated customer services machines for financial transactions, sales of consumer products, providing foodservice and other services. The company operates in the segments of Information Technology Business Group; Services Business Group; Energy Business Group; Network Solutions Business Group; Trading Business Group; and Special and other businesses. The group is managed and operates principally in Thailand.

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