Permsin Steel Works PCL (BKK:PERM) Receivables Turnover: 9.85 (As of Mar. 2026)

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BKK:PERM Permsin Steel Works PCL BKK:PERM
26 GF Score
Price ฿0.25
GF Value ฿0.63
Valuation Possible Value Trap
! 5 Warning Signs
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What is Permsin Steel Works PCL Receivables Turnover?

Permsin Steel Works PCL BKK:PERM 26 Receivables Turnover is 9.85 as of Mar. 2026. GuruFocus rates BKK:PERM with a GF Score™ of 26/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 606 Steel companies, Permsin Steel Works PCL ranks better than 87.79% on this metric.

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. Permsin Steel Works PCL's Revenue for the three months ended in Mar. 2026 was ฿1,113 Mil. Permsin Steel Works PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿113 Mil. Hence, Permsin Steel Works PCL's Receivables Turnover for the three months ended in Mar. 2026 was 9.85.


Permsin Steel Works PCL  (BKK:PERM) 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.


Permsin Steel Works PCL Receivables Turnover Related Terms


Permsin Steel Works PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Permsin Steel Works 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.

Permsin Steel Works PCL Receivables Turnover Chart

Permsin Steel Works PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.45 37.39 31.12 29.50 27.05

Permsin Steel Works PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.43 6.77 6.54 6.51 9.85

BKK:PERM vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Permsin Steel Works 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.


Permsin Steel Works PCL Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Permsin Steel Works PCL's Receivables Turnover falls into.


BKK:PERM
26GF Score
Permsin Steel Works PCL BKK:PERM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Permsin Steel Works PCL Receivables Turnover Calculation

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

Permsin Steel Works PCL's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=3327.53 / ((158 + 88) / 2 )
=3327.53 / 123
=27.05

Permsin Steel Works PCL's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1112.83 / ((88 + 138) / 2 )
=1112.83 / 113
=9.85

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 9.85 mean?
Permsin Steel Works PCL (BKK:PERM) has a Receivables Turnover of 9.85 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 Permsin Steel Works PCL and its competitors. According to the industry distribution chart, Permsin Steel Works PCL ranks #74 out of 606 companies in the Steel industry, placing it in the top 12.2%.
Is Permsin Steel Works PCL's Receivables Turnover too high?
Permsin Steel Works PCL's current Receivables Turnover is 9.85. The Steel industry median Receivables Turnover is 7.15. Permsin Steel Works PCL's value of 9.85 is 37.9% above this industry median. Based on the distribution chart, Permsin Steel Works PCL ranks #74 out of 606 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Permsin Steel Works PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Permsin Steel Works PCL's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Permsin Steel Works PCL ranks #74 out of 606 companies for Receivables Turnover. This places Permsin Steel Works PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.15. Permsin Steel Works PCL's value of 9.85 is 37.9% above 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 Steel company?
The median Receivables Turnover among Steel companies is 7.15, based on 606 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. Permsin Steel Works PCL's current Receivables Turnover of 9.85 is 37.9% above 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 Permsin Steel Works PCL and its competitors. For the Steel industry, the median Receivables Turnover is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permsin Steel Works PCL's current Receivables Turnover is 9.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permsin Steel Works PCL stock overvalued right now?
Based on GuruFocus' analysis, Permsin Steel Works PCL (BKK:PERM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.25 — trading 60.3% below its estimated fair value. The current Receivables Turnover is 9.85 and 37.9% above the Steel industry median of 7.15. Permsin Steel Works PCL's overall GF Score™ is 26/100 with 5 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 Permsin Steel Works PCL (BKK:PERM), the current Receivables Turnover is 9.85 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 Permsin Steel Works PCL (BKK:PERM) Overvalued in 2026?

Based on GuruFocus' analysis, Permsin Steel Works PCL stock appears to be undervalued. The current stock price of ฿0.25 is trading 60.3% below its estimated GF Value™ of ฿0.63. GuruFocus considers Permsin Steel Works PCL to be Possible Value Trap.

Key valuation signals for BKK:PERM:

  • Receivables Turnover: 9.85
  • GF Value™: ฿0.63 vs. price of ฿0.25 (60.3% below fair value)
  • GF Score™: 26/100 with 5 warning signs
  • Industry Position: 37.9% above the Steel median (#74 of 606)

No single metric tells the full story. See the BKK:PERM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Permsin Steel Works PCL Business Description

Address 4, 95-96 Moo 6, Rama 2 Road, Koak-Kam Sub-district, Muang Samutsakorn, Samutsakorn, THA, 74000
Permsin Steel Works PCL is principally engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, C-channel, galvanized high tensile strength, electro-galvanized steel, C-line, C-U, t-bar, and roll forming metal sheet. The Group has three reportable segments: the Distribution of rolled steel segment, the Manufacturing and distribution of metal sheet segment, and the Manufacturing and distribution of pre-painted steel coil segment. The majority of revenue is from the Manufacturing and distribution of metal sheet segment.
26GF Score

Get the complete analysis for BKK:PERM

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.25
Price
฿0.63
GF Value