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Nova Empire PCL (BKK:NOVA-R) Receivables Turnover : 43.08 (As of Mar. 2025)


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What is Nova Empire 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. Nova Empire PCL's Revenue for the three months ended in Mar. 2025 was ฿80.0 Mil. Nova Empire PCL's average Accounts Receivable for the three months ended in Mar. 2025 was ฿1.9 Mil. Hence, Nova Empire PCL's Receivables Turnover for the three months ended in Mar. 2025 was 43.08.


Nova Empire PCL Receivables Turnover Historical Data

The historical data trend for Nova Empire 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.

Nova Empire PCL Receivables Turnover Chart

Nova Empire PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 2.98 0.36 0.25 0.76

Nova Empire PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 10.09 14.35 6.38 43.08

Competitive Comparison of Nova Empire PCL's Receivables Turnover

For the Solar subindustry, Nova Empire 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.


Nova Empire PCL's Receivables Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nova Empire PCL's Receivables Turnover distribution charts can be found below:

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


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Nova Empire PCL Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=52.251 / ((135.674 + 2.702) / 2 )
=52.251 / 69.188
=0.76

Nova Empire PCL's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=80.041 / ((2.702 + 1.014) / 2 )
=80.041 / 1.858
=43.08

* 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.


Nova Empire PCL  (BKK:NOVA-R) 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.


Nova Empire PCL Receivables Turnover Related Terms

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Nova Empire PCL Business Description

Traded in Other Exchanges
Address
No. 88 Soi Bangna-Trad 30, Debaratana Road, Bangna Tai, Bangna, Bangkok, THA, 10260
Nova Empire PCL operates in the investment activity. The company has two operating segments; solar power segment and wind power segment. The company operates in Thailand only.

Nova Empire PCL Headlines

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