Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Receivables Turnover : 3.97 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Prospect Logistics and Industrial Freehold and Leasehold REIT 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. Prospect Logistics and Industrial Freehold and Leasehold REIT's Revenue for the three months ended in Mar. 2024 was ฿141.7 Mil. Prospect Logistics and Industrial Freehold and Leasehold REIT's average Accounts Receivable for the three months ended in Mar. 2024 was ฿35.7 Mil. Hence, Prospect Logistics and Industrial Freehold and Leasehold REIT's Receivables Turnover for the three months ended in Mar. 2024 was 3.97.

Prospect Logistics and Industrial Freehold and Leasehold REIT Receivables Turnover Historical Data

The historical data trend for Prospect Logistics and Industrial Freehold and Leasehold REIT'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.

* Premium members only.

Prospect Logistics and Industrial Freehold and Leasehold REIT Receivables Turnover Chart

Prospect Logistics and Industrial Freehold and Leasehold REIT Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

33.35

18.94

15.27

Prospect Logistics and Industrial Freehold and Leasehold REIT Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial									3.78	3.34	2.98	3.19	3.97

Competitive Comparison of Prospect Logistics and Industrial Freehold and Leasehold REIT's Receivables Turnover

For the REIT - Industrial subindustry, Prospect Logistics and Industrial Freehold and Leasehold REIT'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.

Prospect Logistics and Industrial Freehold and Leasehold REIT's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Prospect Logistics and Industrial Freehold and Leasehold REIT's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Prospect Logistics and Industrial Freehold and Leasehold REIT's Receivables Turnover falls into.

Prospect Logistics and Industrial Freehold and Leasehold REIT Receivables Turnover Calculation

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

Prospect Logistics and Industrial Freehold and Leasehold REIT'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 )
=	508.661	/ (	(27.655	+	38.96)	/	2 )
=	508.661	/	33.3075
=	15.27

Prospect Logistics and Industrial Freehold and Leasehold REIT'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 )
=	141.731	/ (	(38.96	+	32.364)	/	2 )
=	141.731	/	35.662
=	3.97

Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) 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.

Prospect Logistics and Industrial Freehold and Leasehold REIT Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Prospect Logistics and Industrial Freehold and Leasehold REIT's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Surawong Road, No.345, Surawong Building, 5th Floor, Suriyawong Subdistrict, Bangrak, Bangkok, THA, 10500

Website

https://www.prospectrm.com

Prospect Logistics and Industrial Freehold and Leasehold REIT is a real estate investment trust operating as a close end trust. The company sublease rights of land and properties of Bangkok Free Trade Zone project which includes warehouses and factories for rent.

Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Headlines

No Headlines