Patkol PCL (BKK:PK) Receivables Turnover : 2.35 (As of Dec. 2024)

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What is Patkol 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. Patkol PCL's Revenue for the three months ended in Dec. 2024 was ฿506 Mil. Patkol PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿215 Mil. Hence, Patkol PCL's Receivables Turnover for the three months ended in Dec. 2024 was 2.35.

Patkol PCL Receivables Turnover Historical Data

The historical data trend for Patkol 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.

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Patkol PCL Receivables Turnover Chart

Patkol PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.08

7.42

6.25

4.35

6.61

Patkol PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															1.69	1.38	2.23	2.12	2.35

Competitive Comparison of Patkol PCL's Receivables Turnover

For the Specialty Industrial Machinery subindustry, Patkol 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.

Patkol PCL's Receivables Turnover Distribution in the Industrial Products Industry

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

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

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Patkol PCL Receivables Turnover Calculation

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

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

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	1896.223	/ (	(326.577	+	247.256)	/	2 )
=	1896.223	/	286.9165
=	6.61

Patkol PCL's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	505.758	/ (	(182.651	+	247.256)	/	2 )
=	505.758	/	214.9535
=	2.35

Patkol PCL (BKK:PK) 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.

Patkol PCL Receivables Turnover Related Terms

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Patkol PCL Business Description

Industry

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PK-R:Thailand

Address

348 Chalermprakiat Rama 9 Road, Nongbon Subdistrict, Pravate District, Bangkok, THA, 10250

Website

https://www.patkol.com

Patkol PCL is a Thailand-based company involved in the diversified business sector. It is engaged in the trading and services of engineering products which include turnkey sales of services in the design, manufacturing, and installation of various types of industrial refrigeration for the ice-making industry and supermarket, dairy, and ice-cream processing, as well as food-related processing plant and supplies made to order. It has various segments such as the Ice machine and system; the Machine and system for food industry; Non-Patkol brand; and Service and others, out of which the Ice machine and system brand generates maximum revenue for the company.