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OHTL PCL (BKK:OHTL) Receivables Turnover : 11.47 (As of Dec. 2023)


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What is OHTL 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. OHTL PCL's Revenue for the three months ended in Dec. 2023 was ฿711 Mil. OHTL PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿62 Mil. Hence, OHTL PCL's Receivables Turnover for the three months ended in Dec. 2023 was 11.47.


OHTL PCL Receivables Turnover Historical Data

The historical data trend for OHTL 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.

OHTL PCL Receivables Turnover Chart

OHTL PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.09 26.16 20.16 31.94 32.65

OHTL PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.99 9.19 9.28 10.16 11.47

Competitive Comparison of OHTL PCL's Receivables Turnover

For the Lodging subindustry, OHTL 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.


OHTL PCL's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, OHTL PCL's Receivables Turnover distribution charts can be found below:

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



OHTL PCL Receivables Turnover Calculation

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

OHTL 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 )
=2516.823 / ((87.504 + 66.689) / 2 )
=2516.823 / 77.0965
=32.65

OHTL PCL's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=710.656 / ((57.274 + 66.689) / 2 )
=710.656 / 61.9815
=11.47

* 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.


OHTL PCL  (BKK:OHTL) 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.


OHTL PCL Receivables Turnover Related Terms

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OHTL PCL (BKK:OHTL) Business Description

Traded in Other Exchanges
N/A
Address
Charoenkrung Road, 48 Oriental Avenue, Soi Burapa, Bangrak, Bangkok, THA, 10500
OHTL PCL is engaged in lodging service. It owns and operates hotels and restaurants. The hotel provides accommodations, restaurants, banquet rooms, and other facilities. The company has three business segments, namely Hotel operation, Food & beverage and Outside shop. It also provides laundry services and manages confectionery shops. Majority of revenue is generated from Outside shops.

OHTL PCL (BKK:OHTL) Headlines

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