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. L.P.N. Development PCL's Revenue for the
three
months ended in Mar. 2026 was ฿1,862 Mil. L.P.N. Development PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿402 Mil.
Hence, L.P.N. Development PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.63.
L.P.N. Development PCL (BKK:LPN-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.
L.P.N. Development PCL Receivables Turnover Related Terms
L.P.N. Development PCL Receivables Turnover Historical Data
* Premium members only.
The historical data trend for L.P.N. Development 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.
L.P.N. Development PCL Receivables Turnover Competitor Comparison
For the Real Estate - Development subindustry, L.P.N. Development 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.
L.P.N. Development PCL Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, L.P.N. Development PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where L.P.N. Development 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.
L.P.N. Development PCL (BKK:LPN-R) has a Receivables Turnover of 4.63 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 L.P.N. Development PCL and its competitors. According to the industry distribution chart, L.P.N. Development PCL ranks #433 out of 1667 companies in the Real Estate industry, placing it in the top 26%.
Is L.P.N. Development PCL's Receivables Turnover too high?
L.P.N. Development PCL's current Receivables Turnover is 4.63. The Real Estate industry median Receivables Turnover is 10.77. L.P.N. Development PCL's value of 4.63 is 57% below this industry median. Based on the distribution chart, L.P.N. Development PCL ranks #433 out of 1667 companies in the Real Estate industry, which is above the industry midpoint. Overall, L.P.N. Development PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does L.P.N. Development PCL's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, L.P.N. Development PCL ranks #433 out of 1667 companies for Receivables Turnover. This puts L.P.N. Development PCL in the upper half of its industry. The industry median Receivables Turnover is 10.77. L.P.N. Development PCL's value of 4.63 is 57% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.77, based on 1,667 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. L.P.N. Development PCL's current Receivables Turnover of 4.63 is 57% 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 L.P.N. Development PCL and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L.P.N. Development PCL's current Receivables Turnover is 4.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L.P.N. Development PCL stock overvalued right now?
L.P.N. Development PCL (BKK:LPN-R) has a current Receivables Turnover of 4.63. The stock's GF Value™ is ฿7.09, compared to a current price of ฿4.15 — trading 41.5% below its estimated fair value. The current Receivables Turnover is 4.63 and 57% below the Real Estate industry median of 10.77. L.P.N. Development PCL's overall GF Score™ is 74/100 with 9 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 L.P.N. Development PCL (BKK:LPN-R), the current Receivables Turnover is 4.63 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 L.P.N. Development PCL (BKK:LPN-R) Overvalued in 2026?
Based on GuruFocus' analysis, L.P.N. Development PCL stock appears to be undervalued.
The current stock price of ฿4.15 is trading 41.5% below its estimated GF Value™ of ฿7.09.
Key valuation signals for BKK:LPN-R:
Receivables Turnover: 4.63
GF Value™: ฿7.09 vs. price of ฿4.15 (41.5% below fair value)
Industry Position: 57% below the Real Estate median (#433 of 1667)
No single metric tells the full story. See the BKK:LPN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
L.P.N. Development PCL is a Thailand-based company that offers real estate development and management services. It sells and rents developed projects such as offices and residential condominiums. The company operates through the following business segments: Real Estate, Rent and Service, Service and Management, and Others. A majority of its revenue is generated from the Real Estate segment.
74GF Score
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