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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. Pan Asia Footwear PCL's Revenue for the
three
months ended in Mar. 2026 was ฿470 Mil. Pan Asia Footwear PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿236 Mil.
Hence, Pan Asia Footwear PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.99.
Pan Asia Footwear PCL (BKK:PAF) 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.
Pan Asia Footwear PCL Receivables Turnover Related Terms
Pan Asia Footwear PCL Receivables Turnover Historical Data
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The historical data trend for Pan Asia Footwear 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:PAF vs NKE, DECK, ONON: Receivables Turnover Comparison
For the Footwear & Accessories subindustry, Pan Asia Footwear 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.
Pan Asia Footwear PCL Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pan Asia Footwear PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Pan Asia Footwear 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.
Pan Asia Footwear PCL (BKK:PAF) has a Receivables Turnover of 1.99 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 Pan Asia Footwear PCL and its competitors. According to the industry distribution chart, Pan Asia Footwear PCL ranks #339 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.7%.
Is Pan Asia Footwear PCL's Receivables Turnover too high?
Pan Asia Footwear PCL's current Receivables Turnover is 1.99. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.88. Pan Asia Footwear PCL's value of 1.99 is 71.1% below this industry median. Based on the distribution chart, Pan Asia Footwear PCL ranks #339 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Pan Asia Footwear PCL has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pan Asia Footwear PCL's Receivables Turnover compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pan Asia Footwear PCL ranks #339 out of 1036 companies for Receivables Turnover. This puts Pan Asia Footwear PCL in the upper half of its industry. The industry median Receivables Turnover is 6.88. Pan Asia Footwear PCL's value of 1.99 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.88, based on 1,036 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. Pan Asia Footwear PCL's current Receivables Turnover of 1.99 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 Pan Asia Footwear PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Asia Footwear PCL's current Receivables Turnover is 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Asia Footwear PCL stock overvalued right now?
Based on GuruFocus' analysis, Pan Asia Footwear PCL (BKK:PAF) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.90, compared to a current price of ฿0.94 — trading 4.4% above its estimated fair value. The current Receivables Turnover is 1.99 and 71.1% below the Manufacturing - Apparel & Accessories industry median of 6.88. Pan Asia Footwear PCL's overall GF Score™ is 53/100 with 9 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 Pan Asia Footwear PCL (BKK:PAF), the current Receivables Turnover is 1.99 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.
Is Pan Asia Footwear PCL (BKK:PAF) Overvalued in 2026?
Based on GuruFocus' analysis, Pan Asia Footwear PCL stock appears to be overvalued.
The current stock price of ฿0.94 is trading 4.4% above its estimated GF Value™ of ฿0.90.
GuruFocus considers Pan Asia Footwear PCL to be Fairly Valued.
Key valuation signals for BKK:PAF:
Receivables Turnover: 1.99
GF Value™: ฿0.90 vs. price of ฿0.94 (4.4% above fair value)
Industry Position: 71.1% below the Manufacturing - Apparel & Accessories median (#339 of 1036)
No single metric tells the full story. See the BKK:PAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan Asia Footwear PCL is engaged in Organic farming business, Manufacture, distribution and export of footwear and Distribution. Its segments include manufacture and distribution of footwear and bag, manufacture of soles and parts for footwear, Production support business, consisting of plastic parts injection, molds manufacture and repair, fabric manufacture and dyeing, and cutting board and eyelet, The organic farming business and others, and Distribution. It derives the majority of the revenue from manufacture and distribution of footwear and bag segment. It operates in geographical segments by selling both in local and oversea.
53GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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