Quality Houses Leasehold Property Fund (BKK:QHPF) Receivables Turnover : 13.22 (As of Mar. 2024)

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What is Quality Houses Leasehold Property Fund 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. Quality Houses Leasehold Property Fund's Revenue for the three months ended in Mar. 2024 was ฿255 Mil. Quality Houses Leasehold Property Fund's average Accounts Receivable for the three months ended in Mar. 2024 was ฿19 Mil. Hence, Quality Houses Leasehold Property Fund's Receivables Turnover for the three months ended in Mar. 2024 was 13.22.

Quality Houses Leasehold Property Fund Receivables Turnover Historical Data

The historical data trend for Quality Houses Leasehold Property Fund'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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Quality Houses Leasehold Property Fund Receivables Turnover Chart

Quality Houses Leasehold Property Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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59.50

48.29

36.35

39.61

50.80

Quality Houses Leasehold Property Fund 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															12.84	14.50	13.01	12.58	13.22

Competitive Comparison of Quality Houses Leasehold Property Fund's Receivables Turnover

For the REIT - Office subindustry, Quality Houses Leasehold Property Fund'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.

Quality Houses Leasehold Property Fund's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Quality Houses Leasehold Property Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Quality Houses Leasehold Property Fund's Receivables Turnover falls into.

Quality Houses Leasehold Property Fund Receivables Turnover Calculation

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

Quality Houses Leasehold Property Fund'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 )
=	1021.074	/ (	(19.602	+	20.595)	/	2 )
=	1021.074	/	20.0985
=	50.80

Quality Houses Leasehold Property Fund'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 )
=	255.222	/ (	(20.595	+	18.023)	/	2 )
=	255.222	/	19.309
=	13.22

Quality Houses Leasehold Property Fund (BKK:QHPF) 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.

Quality Houses Leasehold Property Fund Receivables Turnover Related Terms

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Quality Houses Leasehold Property Fund (BKK:QHPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Quality Houses Leasehold Property Fund (BKK:QHPF) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

11 South Sathorn Road, 14th Floor Q House Sathorn Building, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

http://www.lhfund.co.th

Quality Houses Leasehold Property Fund is a Thailand-based closed-end property fund. It purchases, leases, and subleases immovable properties, and seeks benefits by way of letting, subletting transfer, or disposal of those immovable properties. Its properties include the Q House Ploenchit Building, Q House Lumpini Building, and Wave Place Building. The company operates in one reportable operating segment, which is Rental of immovable properties. Its operations are located in Thailand.

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