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More Return PCLBKK:MORE Receivables Turnover is 1.54 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 496 Utilities - Regulated companies, More Return PCL ranks worse than 54.84% on this metric.
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. More Return PCL's Revenue for the
three
months ended in Mar. 2026 was ฿21.36 Mil. More Return PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿13.83 Mil.
Hence, More Return PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.54.
More Return PCL (BKK:MORE) 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.
More Return PCL Receivables Turnover Related Terms
More Return PCL Receivables Turnover Historical Data
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The historical data trend for More Return 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.
BKK:MORE vs AWK, WTRG, AWR: Receivables Turnover Comparison
For the Utilities - Regulated Water subindustry, More Return 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.
More Return PCL Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, More Return PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where More Return 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.
More Return PCL (BKK:MORE) has a Receivables Turnover of 1.54 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 More Return PCL and its competitors. According to the industry distribution chart, More Return PCL ranks #272 out of 496 companies in the Utilities - Regulated industry, placing it in the top 54.8%.
Is More Return PCL's Receivables Turnover too high?
More Return PCL's current Receivables Turnover is 1.54. The Utilities - Regulated industry median Receivables Turnover is 6.77. More Return PCL's value of 1.54 is 77.2% below this industry median. Based on the distribution chart, More Return PCL ranks #272 out of 496 companies in the Utilities - Regulated industry, which is below the industry midpoint.
How does More Return PCL's Receivables Turnover compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, More Return PCL ranks #272 out of 496 companies for Receivables Turnover. This places More Return PCL in the lower half of its industry. The industry median Receivables Turnover is 6.77. More Return PCL's value of 1.54 is 77.2% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.77, based on 496 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. More Return PCL's current Receivables Turnover of 1.54 is 77.2% 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 More Return PCL and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. More Return PCL's current Receivables Turnover is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is More Return PCL stock overvalued right now?
Based on GuruFocus' analysis, More Return PCL (BKK:MORE) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.06 — trading 20% above its estimated fair value. The current Receivables Turnover is 1.54 and 77.2% below the Utilities - Regulated industry median of 6.77. 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 More Return PCL (BKK:MORE), the current Receivables Turnover is 1.54 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.
More Return PCL is a Thailand-based company. Along with its subsidiaries, it operates in the following reportable segments; Services, Utilities, and Trading. The majority of its revenue is generated from the Utilities segment which is engaged in producing and selling treated water, and installation of water supply systems. The Services segment is responsible for consulting and organizing concerts, and the Trading segment is responsible for selling mosquito repellent spray products.
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