Maybank Securities (Thailand) PCL (BKK:MST) Receivables Turnover : 0.04 (As of Mar. 2024)

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What is Maybank Securities (Thailand) 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. Maybank Securities (Thailand) PCL's Revenue for the three months ended in Mar. 2024 was ฿560 Mil. Maybank Securities (Thailand) PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿15,535 Mil. Hence, Maybank Securities (Thailand) PCL's Receivables Turnover for the three months ended in Mar. 2024 was 0.04.

Maybank Securities (Thailand) PCL Receivables Turnover Historical Data

The historical data trend for Maybank Securities (Thailand) 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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Maybank Securities (Thailand) PCL Receivables Turnover Chart

Maybank Securities (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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0.14

0.18

0.19

0.13

Maybank Securities (Thailand) 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															0.02	0.03	0.04	0.03	0.04

Competitive Comparison of Maybank Securities (Thailand) PCL's Receivables Turnover

For the Capital Markets subindustry, Maybank Securities (Thailand) 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.

Maybank Securities (Thailand) PCL's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Maybank Securities (Thailand) PCL's Receivables Turnover falls into.

Maybank Securities (Thailand) PCL Receivables Turnover Calculation

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

Maybank Securities (Thailand) 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 )
=	2366.822	/ (	(19838.784	+	16923.66)	/	2 )
=	2366.822	/	18381.222
=	0.13

Maybank Securities (Thailand) 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 )
=	560.322	/ (	(16923.66	+	14147.17)	/	2 )
=	560.322	/	15535.415
=	0.04

Maybank Securities (Thailand) PCL (BKK:MST) 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.

Maybank Securities (Thailand) PCL Receivables Turnover Related Terms

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Maybank Securities (Thailand) PCL (BKK:MST) Business Description

Industry

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Comparable Companies

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N/A

Address

Rama 1 Road, 20th - 21st Floor and 25th Floor, 999/9 The Offices at Central World Building, Pathumwan Sub-District, Pathumwan District, Bangkok, THA, 10330

Website

https://www.maybank-ke.co.th

Maybank Securities (Thailand) PCL is a public limited company incorporated and domiciled in Thailand. The company has licenses for securities business, which are securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, securities registrar, derivatives brokerage, and securities borrowing and lending. The company is organized into business units based on its products and services and has two segments, namely the Securities Business segment, which provides service according to brokering and derivative brokering and securities borrowing and lending, and the Investment Banking segment, which provides underwriting, investment advisory, securities borrowing, and lending and corporate finance advisory services.