Pioneer Motor PCL (BKK:PIMO) Receivables Turnover: 1.55 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:PIMO Pioneer Motor PCL BKK:PIMO
79 GF Score
Price ฿1.20
GF Value ฿1.29
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Pioneer Motor PCL Receivables Turnover?

Pioneer Motor PCL BKK:PIMO 79 Receivables Turnover is 1.55 as of Mar. 2026. GuruFocus rates BKK:PIMO with a GF Score™ of 79/100 and a GF Value™ of ฿1.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 3,031 Industrial Products companies, Pioneer Motor PCL ranks better than 69.78% 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. Pioneer Motor PCL's Revenue for the three months ended in Mar. 2026 was ฿261 Mil. Pioneer Motor PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿168 Mil. Hence, Pioneer Motor PCL's Receivables Turnover for the three months ended in Mar. 2026 was 1.55.


Pioneer Motor PCL  (BKK:PIMO) 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.


Pioneer Motor PCL Receivables Turnover Related Terms


Pioneer Motor PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Pioneer Motor 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.

Pioneer Motor PCL Receivables Turnover Chart

Pioneer Motor 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 5.99 7.01 5.99 6.35 5.48

Pioneer Motor 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 1.33 1.37 1.58 1.49 1.55

BKK:PIMO vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Pioneer Motor 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.


Pioneer Motor PCL Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pioneer Motor PCL's Receivables Turnover distribution charts can be found below:

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


BKK:PIMO
79GF Score
Pioneer Motor PCL BKK:PIMO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pioneer Motor PCL Receivables Turnover Calculation

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

Pioneer Motor 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 )
=1012.767 / ((198.951 + 170.774) / 2 )
=1012.767 / 184.8625
=5.48

Pioneer Motor 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 )
=260.917 / ((170.774 + 165.49) / 2 )
=260.917 / 168.132
=1.55

* 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 1.55 mean?
Pioneer Motor PCL (BKK:PIMO) has a Receivables Turnover of 1.55 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 Pioneer Motor PCL and its competitors. According to the industry distribution chart, Pioneer Motor PCL ranks #916 out of 3031 companies in the Industrial Products industry, placing it in the top 30.2%.
Is Pioneer Motor PCL's Receivables Turnover too high?
Pioneer Motor PCL's current Receivables Turnover is 1.55. The Industrial Products industry median Receivables Turnover is 4.49. Pioneer Motor PCL's value of 1.55 is 65.5% below this industry median. Based on the distribution chart, Pioneer Motor PCL ranks #916 out of 3031 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pioneer Motor PCL has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Motor PCL's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pioneer Motor PCL ranks #916 out of 3031 companies for Receivables Turnover. This puts Pioneer Motor PCL in the upper half of its industry. The industry median Receivables Turnover is 4.49. Pioneer Motor PCL's value of 1.55 is 65.5% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.49, based on 3,031 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. Pioneer Motor PCL's current Receivables Turnover of 1.55 is 65.5% 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 Pioneer Motor PCL and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Motor PCL's current Receivables Turnover is 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Motor PCL stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Motor PCL (BKK:PIMO) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.29, compared to a current price of ฿1.20 — trading 7% below its estimated fair value. The current Receivables Turnover is 1.55 and 65.5% below the Industrial Products industry median of 4.49. Pioneer Motor PCL's overall GF Score™ is 79/100 with 6 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 Pioneer Motor PCL (BKK:PIMO), the current Receivables Turnover is 1.55 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 Pioneer Motor PCL (BKK:PIMO) Overvalued in 2026?

Based on GuruFocus' analysis, Pioneer Motor PCL stock appears to be undervalued. The current stock price of ฿1.20 is trading 7% below its estimated GF Value™ of ฿1.29. GuruFocus considers Pioneer Motor PCL to be Fairly Valued.

Key valuation signals for BKK:PIMO:

  • Receivables Turnover: 1.55
  • GF Value™: ฿1.29 vs. price of ฿1.20 (7% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 65.5% below the Industrial Products median (#916 of 3031)

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


Pioneer Motor PCL Business Description

Address 78, 78/4, 78/5 Moo 3 Dontoom-Nakornchaisri Road, Donfaek, Nakornchaisri, Nakornpathom, THA, 73120
Pioneer Motor PCL is engaged in manufacturing and supplying various motor products. The company's products include air conditioner electric motors, general-purpose industrial motors, single and three-phase induction motors, pool and spa pump motors, as well as submersible dewatering and submersible sewage pumps. It distributes its products according to orders by electric appliance manufacturers. It also exports and sells its products to international customers.
79GF Score

Get the complete analysis for BKK:PIMO

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

฿1.20
Price
฿1.29
GF Value