News Network PCL (BKK:NEWS) Receivables Turnover : 37.85 (As of Dec. 2024)

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What is News Network 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. News Network PCL's Revenue for the three months ended in Dec. 2024 was ฿63.6 Mil. News Network PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿1.7 Mil. Hence, News Network PCL's Receivables Turnover for the three months ended in Dec. 2024 was 37.85.

News Network PCL Receivables Turnover Historical Data

The historical data trend for News Network 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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News Network PCL Receivables Turnover Chart

News Network PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.16

0.02

231.15

167.16

News Network PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															114.38	133.30	95.02	85.55	37.85

Competitive Comparison of News Network PCL's Receivables Turnover

For the Software - Application subindustry, News Network 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.

News Network PCL's Receivables Turnover Distribution in the Software Industry

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

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

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News Network PCL Receivables Turnover Calculation

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

News Network 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 )
=	196.919	/ (	(0.146	+	2.21)	/	2 )
=	196.919	/	1.178
=	167.16

News Network 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 )
=	63.595	/ (	(1.15	+	2.21)	/	2 )
=	63.595	/	1.68
=	37.85

News Network PCL (BKK:NEWS) 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.

News Network PCL Receivables Turnover Related Terms

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News Network PCL Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » News Network Corp PCL (BKK:NEWS) » Definitions » Receivables Turnover

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NEWS-R:Thailand

Address

Rama 4 Road, 944 Samyan Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.newsnetwork.co.th

News Network Corp PCL engages in the business activities of the securities business. The principal business of the Company is investing in securities business and investment learning academy. The various segment of the company includes segment of investing in securities business and academy business; segment of Securities which includes the securities brokerage for investment units and securities brokerage and derivatives brokerage and segment of investment learning academy related to securities, derivatives, and other, and selling books related to invest.

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