Qualitech PCL (BKK:QLT) Receivables Turnover: 1.62 (As of Mar. 2026)

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BKK:QLT Qualitech PCL BKK:QLT
59 GF Score
Price ฿2.02
GF Value ฿2.29
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Qualitech PCL Receivables Turnover?

Qualitech PCL BKK:QLT +3.55% 59 Receivables Turnover is 1.62 as of Mar. 2026. GuruFocus rates BKK:QLT with a GF Score™ of 59/100 and a GF Value™ of ฿2.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,063 Business Services companies, Qualitech PCL ranks better than 55.79% 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. Qualitech PCL's Revenue for the three months ended in Mar. 2026 was ฿94.0 Mil. Qualitech PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿57.9 Mil. Hence, Qualitech PCL's Receivables Turnover for the three months ended in Mar. 2026 was 1.62.


Qualitech PCL  (BKK:QLT) 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.


Qualitech PCL Receivables Turnover Related Terms


Qualitech PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Qualitech 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.

Qualitech PCL Receivables Turnover Chart

Qualitech 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 4.84 5.36 4.48 5.00 5.09

Qualitech 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 1.23 1.60 1.87 1.62 1.62

BKK:QLT vs CTAS, CPRT, ULS: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Qualitech PCL's Receivables Turnover distribution charts can be found below:

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


BKK:QLT
59GF Score
Qualitech PCL BKK:QLT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualitech PCL Receivables Turnover Calculation

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

Qualitech 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 )
=373.288 / ((76.731 + 70.022) / 2 )
=373.288 / 73.3765
=5.09

Qualitech 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 )
=93.953 / ((70.022 + 45.809) / 2 )
=93.953 / 57.9155
=1.62

* 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 1.62 mean?
Qualitech PCL (BKK:QLT) has a Receivables Turnover of 1.62 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 Qualitech PCL and its competitors. According to the industry distribution chart, Qualitech PCL ranks #470 out of 1063 companies in the Business Services industry, placing it in the top 44.2%.
Is Qualitech PCL's Receivables Turnover too high?
Qualitech PCL's current Receivables Turnover is 1.62. The Business Services industry median Receivables Turnover is 6.25. Qualitech PCL's value of 1.62 is 74.1% below this industry median. Based on the distribution chart, Qualitech PCL ranks #470 out of 1063 companies in the Business Services industry, which is above the industry midpoint. Overall, Qualitech PCL has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitech PCL's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Qualitech PCL ranks #470 out of 1063 companies for Receivables Turnover. This puts Qualitech PCL in the upper half of its industry. The industry median Receivables Turnover is 6.25. Qualitech PCL's value of 1.62 is 74.1% 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 a Business Services company?
The median Receivables Turnover among Business Services companies is 6.25, based on 1,063 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. Qualitech PCL's current Receivables Turnover of 1.62 is 74.1% 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 Qualitech PCL and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitech PCL's current Receivables Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Qualitech PCL (BKK:QLT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.29, compared to a current price of ฿2.02 — trading 11.8% below its estimated fair value. The current Receivables Turnover is 1.62 and 74.1% below the Business Services industry median of 6.25. Qualitech PCL's overall GF Score™ is 59/100 with 3 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 Qualitech PCL (BKK:QLT), the current Receivables Turnover is 1.62 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 Qualitech PCL (BKK:QLT) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitech PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 11.8% below its estimated GF Value™ of ฿2.29. GuruFocus considers Qualitech PCL to be Modestly Undervalued.

Key valuation signals for BKK:QLT:

  • Receivables Turnover: 1.62
  • GF Value™: ฿2.29 vs. price of ฿2.02 (11.8% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 74.1% below the Business Services median (#470 of 1063)

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


Qualitech PCL Business Description

Address 21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL is engaged in the business of providing technical services, testing, inspection, and certification for the operation safety of industry equipment, pressure vessels, industrial boilers, piping and steel structures, which is important for the production process, storage, transport of the products in power generating, petrochemical industry, and construction to comply with industrial standard and the government laws. The Group's operations in both domestic and overseas geographical segments. The majority of revenue is from Domestic segment.
59GF Score

Get the complete analysis for BKK:QLT

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

฿2.02
Price
฿2.29
GF Value