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Plan B Media PCL (BKK:PLANB) Receivables Turnover : 1.07 (As of Mar. 2024)


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What is Plan B Media 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. Plan B Media PCL's Revenue for the three months ended in Mar. 2024 was ฿1,940 Mil. Plan B Media PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿1,807 Mil. Hence, Plan B Media PCL's Receivables Turnover for the three months ended in Mar. 2024 was 1.07.


Plan B Media PCL Receivables Turnover Historical Data

The historical data trend for Plan B Media 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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Plan B Media PCL Receivables Turnover Chart

Plan B Media 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 4.27 3.34 4.21 5.02 4.50

Plan B Media PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.16 1.36 1.40 1.40 1.07

Competitive Comparison of Plan B Media PCL's Receivables Turnover

For the Advertising Agencies subindustry, Plan B Media 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.


Plan B Media PCL's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Plan B Media PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Plan B Media PCL's Receivables Turnover falls into.



Plan B Media PCL Receivables Turnover Calculation

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

Plan B Media 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 )
=8364.926 / ((1620.078 + 2096.065) / 2 )
=8364.926 / 1858.0715
=4.50

Plan B Media PCL's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=1940.088 / ((2096.065 + 1517.585) / 2 )
=1940.088 / 1806.825
=1.07

* 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.


Plan B Media PCL  (BKK:PLANB) 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.


Plan B Media PCL Receivables Turnover Related Terms

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Plan B Media PCL (BKK:PLANB) Business Description

Traded in Other Exchanges
N/A
Address
298/64-65, Pitsanulok Road, Si Yak Mahanak, Dusit, Bangkok, THA
Plan B Media PCL is principally engaged in providing advertising media production, advertising space and airtime rental services. The group have two principal reportable segments, which are Advertising media segment and Engagement marketing segment. Advertising media segment comprising advertising media production, advertising space and airtime rental services. Engagement marketing segment comprising management and development of the BNK48 members and administrate the benefit contracts with Football Association of Thailand. The company operates only in Thailand. The firm derives majority of revenue from Advertising media segment.

Plan B Media PCL (BKK:PLANB) Headlines

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