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Rockworth PCL (BKK:ROCK) Receivables Turnover : 2.13 (As of Dec. 2024)


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What is Rockworth 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. Rockworth PCL's Revenue for the three months ended in Dec. 2024 was ฿281.4 Mil. Rockworth PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿132.4 Mil. Hence, Rockworth PCL's Receivables Turnover for the three months ended in Dec. 2024 was 2.13.


Rockworth PCL Receivables Turnover Historical Data

The historical data trend for Rockworth 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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Rockworth PCL Receivables Turnover Chart

Rockworth PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 5.95 5.66 4.82 4.64

Rockworth 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 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 2.61 1.17 1.23 1.75 2.13

Competitive Comparison of Rockworth PCL's Receivables Turnover

For the Furnishings, Fixtures & Appliances subindustry, Rockworth 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.


Rockworth PCL's Receivables Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rockworth PCL's Receivables Turnover distribution charts can be found below:

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


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Rockworth PCL Receivables Turnover Calculation

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

Rockworth 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 )
=730.899 / ((131.168 + 184.027) / 2 )
=730.899 / 157.5975
=4.64

Rockworth 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 )
=281.357 / ((80.755 + 184.027) / 2 )
=281.357 / 132.391
=2.13

* 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.


Rockworth PCL  (BKK:ROCK) 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.


Rockworth PCL Receivables Turnover Related Terms

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Rockworth PCL Business Description

Traded in Other Exchanges
Address
294-300 Asoke-Dindaeng Road, Huaykwang, Bangkok, THA, 10320
Rockworth PCL acts as a manufacturer, distributor, and marketer of quality office systems furniture. The company offers various products for Agile Working, Education, Smart Office Solutions, Architectural & Acoustic Solutions, Seating, Desk & Tables, Room Element & Space Division, Storage, and Accessories. It has one segment manufacturing and distribution of furniture. The company operates its business in Thailand and Asia. The majority of the company's revenue comes from Thailand.