Meb PCL (BKK:MEB) Receivables Turnover : 6.51 (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Meb 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. Meb PCL's Revenue for the three months ended in Dec. 2024 was ฿564 Mil. Meb PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿87 Mil. Hence, Meb PCL's Receivables Turnover for the three months ended in Dec. 2024 was 6.51.

Meb PCL Receivables Turnover Historical Data

The historical data trend for Meb 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.

Meb PCL Receivables Turnover Chart

Meb PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

42.40

42.06

40.31

32.51

27.24

Meb PCL Quarterly Data
	Dec18	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial												7.19	6.93	6.78	6.44	6.51

Competitive Comparison of Meb PCL's Receivables Turnover

For the Software - Application subindustry, Meb 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.

Meb PCL's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Meb PCL's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Meb PCL Receivables Turnover Calculation

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

Meb PCL's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	2169.315	/ (	(73.107	+	86.172)	/	2 )
=	2169.315	/	79.6395
=	27.24

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

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	564.052	/ (	(87.02	+	86.172)	/	2 )
=	564.052	/	86.596
=	6.51

Meb PCL (BKK:MEB) 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.

Meb PCL Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Meb PCL's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Meb PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Meb Corp PCL (BKK:MEB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chaengwattana Road, 99/27 Moo 4, Software Park Building, 8th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120

Website

https://www.meb.co.th

Meb Corp PCL is engaged in the distribution of E-Book and provision of consultation regarding the preparation of the E-Book system and distribution of electronic reader devices, as well as procurement of related equipment and program. The company operates in a single segment; electronic literature services. The Group is managed and operates principally in Thailand.

Meb PCL Headlines

No Headlines