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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. Nforce Secure PCL's Revenue for the
three
months ended in Mar. 2026 was ฿307 Mil. Nforce Secure PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿294 Mil.
Hence, Nforce Secure PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.04.
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.
Nforce Secure PCL Receivables Turnover Related Terms
Nforce Secure PCL Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Nforce Secure 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.
BKK:SECURE vs SNX, ARW, AVT: Receivables Turnover Comparison
For the Electronics & Computer Distribution subindustry, Nforce Secure 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.
Nforce Secure PCL Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Nforce Secure PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nforce Secure PCL's Receivables Turnover falls into.
* 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.
Nforce Secure PCL (BKK:SECURE) has a Receivables Turnover of 1.04 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 Nforce Secure PCL and its competitors. According to the industry distribution chart, Nforce Secure PCL ranks #1013 out of 2468 companies in the Hardware industry, placing it in the top 41%.
Is Nforce Secure PCL's Receivables Turnover too high?
Nforce Secure PCL's current Receivables Turnover is 1.04. The Hardware industry median Receivables Turnover is 4.91. Nforce Secure PCL's value of 1.04 is 78.8% below this industry median. Based on the distribution chart, Nforce Secure PCL ranks #1013 out of 2468 companies in the Hardware industry, which is above the industry midpoint. Overall, Nforce Secure PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Nforce Secure PCL ranks #1013 out of 2468 companies for Receivables Turnover. This puts Nforce Secure PCL in the upper half of its industry. The industry median Receivables Turnover is 4.91. Nforce Secure PCL's value of 1.04 is 78.8% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.91, based on 2,468 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. Nforce Secure PCL's current Receivables Turnover of 1.04 is 78.8% 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 Nforce Secure PCL and its competitors. For the Hardware industry, the median Receivables Turnover is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nforce Secure PCL's current Receivables Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.09, compared to a current price of ฿15.30 — trading 1.4% above its estimated fair value. The current Receivables Turnover is 1.04 and 78.8% below the Hardware industry median of 4.91. Nforce Secure PCL's overall GF Score™ is 92/100 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 Nforce Secure PCL (BKK:SECURE), the current Receivables Turnover is 1.04 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?
Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be overvalued.
The current stock price of ฿15.30 is trading 1.4% above its estimated GF Value™ of ฿15.09.
GuruFocus considers Nforce Secure PCL to be Fairly Valued.
Key valuation signals for BKK:SECURE:
Receivables Turnover: 1.04
GF Value™: ฿15.09 vs. price of ฿15.30 (1.4% above fair value)
Industry Position: 78.8% below the Hardware median (#1013 of 2468)
No single metric tells the full story. See the BKK:SECURE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
92GF Score
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