SAF Special Steel PCL (BKK:SAF) Receivables Turnover : 1.17 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is SAF Special Steel 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. SAF Special Steel PCL's Revenue for the three months ended in Sep. 2024 was ฿42.3 Mil. SAF Special Steel PCL's average Accounts Receivable for the three months ended in Sep. 2024 was ฿36.1 Mil. Hence, SAF Special Steel PCL's Receivables Turnover for the three months ended in Sep. 2024 was 1.17.

SAF Special Steel PCL Receivables Turnover Historical Data

The historical data trend for SAF Special Steel 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.

* Premium members only.

SAF Special Steel PCL Receivables Turnover Chart

SAF Special Steel PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

4.39

4.94

4.88

4.13

SAF Special Steel PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial								1.13	1.03	1.12	1.11	1.17

Competitive Comparison of SAF Special Steel PCL's Receivables Turnover

For the Steel subindustry, SAF Special Steel 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.

SAF Special Steel PCL's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SAF Special Steel PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SAF Special Steel PCL's Receivables Turnover falls into.

SAF Special Steel PCL Receivables Turnover Calculation

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

SAF Special Steel 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 )
=	168.923	/ (	(44.159	+	37.731)	/	2 )
=	168.923	/	40.945
=	4.13

SAF Special Steel PCL's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	42.304	/ (	(35.461	+	36.732)	/	2 )
=	42.304	/	36.0965
=	1.17

SAF Special Steel PCL (BKK:SAF) 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.

SAF Special Steel PCL Receivables Turnover Related Terms

Thank you for viewing the detailed overview of SAF Special Steel PCL's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

SAF Special Steel PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SAF Special Steel PCL (BKK:SAF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bangkhunthien-Chytalay road, 110 Thientalay 24, Ta-kam, Bankhunthien, Bangkok, THA, 10150

Website

https://www.saf.co.th

SAF Special Steel PCL is engaged in the sales and processing of special-grade steel for various industrial applications. The principal activities of the Company are import and distribution including steel products for industrial and distribution tooling, equipment parts and band saw machines and manufacture of molds & dies and vacuum hardening services.

SAF Special Steel PCL Headlines

No Headlines