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MPJ Logistics PCLBKK:MPJ -0.52%13 Receivables Turnover is 2.23 as of Mar. 2026. GuruFocus rates BKK:MPJ with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 998 Transportation companies, MPJ Logistics PCL ranks better than 54.11% 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. MPJ Logistics PCL's Revenue for the
three
months ended in Mar. 2026 was ฿280 Mil. MPJ Logistics PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿126 Mil.
Hence, MPJ Logistics PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.23.
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.
MPJ Logistics PCL Receivables Turnover Related Terms
MPJ Logistics PCL Receivables Turnover Historical Data
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The historical data trend for MPJ Logistics 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:MPJ vs UPS, FDX, JBHT: Receivables Turnover Comparison
For the Integrated Freight & Logistics subindustry, MPJ Logistics 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.
MPJ Logistics PCL Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, MPJ Logistics PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where MPJ Logistics 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.
MPJ Logistics PCL (BKK:MPJ) has a Receivables Turnover of 2.23 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 MPJ Logistics PCL and its competitors. According to the industry distribution chart, MPJ Logistics PCL ranks #458 out of 998 companies in the Transportation industry, placing it in the top 45.9%.
Is MPJ Logistics PCL's Receivables Turnover too high?
MPJ Logistics PCL's current Receivables Turnover is 2.23. The Transportation industry median Receivables Turnover is 7.73. MPJ Logistics PCL's value of 2.23 is 71.1% below this industry median. Based on the distribution chart, MPJ Logistics PCL ranks #458 out of 998 companies in the Transportation industry, which is above the industry midpoint. Overall, MPJ Logistics PCL has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does MPJ Logistics PCL's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, MPJ Logistics PCL ranks #458 out of 998 companies for Receivables Turnover. This puts MPJ Logistics PCL in the upper half of its industry. The industry median Receivables Turnover is 7.73. MPJ Logistics PCL's value of 2.23 is 71.1% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 998 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. MPJ Logistics PCL's current Receivables Turnover of 2.23 is 71.1% 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 MPJ Logistics PCL and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPJ Logistics PCL's current Receivables Turnover is 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPJ Logistics PCL stock overvalued right now?
MPJ Logistics PCL (BKK:MPJ) has a current Receivables Turnover of 2.23. The current Receivables Turnover is 2.23 and 71.1% below the Transportation industry median of 7.73. MPJ Logistics PCL's overall GF Score™ is 13/100 with 3 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 MPJ Logistics PCL (BKK:MPJ), the current Receivables Turnover is 2.23 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.
MPJ Logistics PCL is a Thailand-based company. The core business of the company and its subsidiaries is inland transportation and delivery service, provide freight forwarder services, provide container yard services and related services, warehouse rental. The company's segment include Transportation services business, Container depot services business, Warehouse rental business, and Freight forwarder services business. It derives revenue from Transportation services business segment.
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