Starflex PCL (BKK:SFLEX) Receivables Turnover: 1.34 (As of Mar. 2026)

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BKK:SFLEX Starflex PCL BKK:SFLEX
83 GF Score
Price ฿3.00
GF Value ฿3.66
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Starflex PCL Receivables Turnover?

Starflex PCL BKK:SFLEX +0.67% 83 Receivables Turnover is 1.34 as of Mar. 2026. GuruFocus rates BKK:SFLEX with a GF Score™ of 83/100 and a GF Value™ of ฿3.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 393 Packaging & Containers companies, Starflex PCL ranks better than 52.16% 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. Starflex PCL's Revenue for the three months ended in Mar. 2026 was ฿491 Mil. Starflex PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿366 Mil. Hence, Starflex PCL's Receivables Turnover for the three months ended in Mar. 2026 was 1.34.


Starflex PCL  (BKK:SFLEX) 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.


Starflex PCL Receivables Turnover Related Terms


Starflex PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Starflex 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.

Starflex PCL Receivables Turnover Chart

Starflex 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 5.85 6.02 6.44 5.92 5.68

Starflex 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 1.45 1.37 1.51 1.35 1.34

BKK:SFLEX vs SW, PKG, IP: Receivables Turnover Comparison

For the Packaging & Containers subindustry, Starflex 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.


Starflex PCL Receivables Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Receivables Turnover distribution charts can be found below:

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


BKK:SFLEX
83GF Score
Starflex PCL BKK:SFLEX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Starflex PCL Receivables Turnover Calculation

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

Starflex 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 )
=1962.866 / ((316.123 + 375.202) / 2 )
=1962.866 / 345.6625
=5.68

Starflex 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 )
=490.805 / ((375.202 + 356.384) / 2 )
=490.805 / 365.793
=1.34

* 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 1.34 mean?
Starflex PCL (BKK:SFLEX) has a Receivables Turnover of 1.34 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 Starflex PCL and its competitors. According to the industry distribution chart, Starflex PCL ranks #188 out of 393 companies in the Packaging & Containers industry, placing it in the top 47.8%.
Is Starflex PCL's Receivables Turnover too high?
Starflex PCL's current Receivables Turnover is 1.34. The Packaging & Containers industry median Receivables Turnover is 5.46. Starflex PCL's value of 1.34 is 75.5% below this industry median. Based on the distribution chart, Starflex PCL ranks #188 out of 393 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Starflex PCL has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starflex PCL's Receivables Turnover compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Starflex PCL ranks #188 out of 393 companies for Receivables Turnover. This puts Starflex PCL in the upper half of its industry. The industry median Receivables Turnover is 5.46. Starflex PCL's value of 1.34 is 75.5% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.46, based on 393 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. Starflex PCL's current Receivables Turnover of 1.34 is 75.5% 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 Starflex PCL and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starflex PCL's current Receivables Turnover is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starflex PCL stock overvalued right now?
Based on GuruFocus' analysis, Starflex PCL (BKK:SFLEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.66, compared to a current price of ฿3.00 — trading 18% below its estimated fair value. The current Receivables Turnover is 1.34 and 75.5% below the Packaging & Containers industry median of 5.46. Starflex PCL's overall GF Score™ is 83/100 with 4 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 Starflex PCL (BKK:SFLEX), the current Receivables Turnover is 1.34 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 Starflex PCL (BKK:SFLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Starflex PCL stock appears to be undervalued. The current stock price of ฿3.00 is trading 18% below its estimated GF Value™ of ฿3.66. GuruFocus considers Starflex PCL to be Modestly Undervalued.

Key valuation signals for BKK:SFLEX:

  • Receivables Turnover: 1.34
  • GF Value™: ฿3.66 vs. price of ฿3.00 (18% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 75.5% below the Packaging & Containers median (#188 of 393)

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


Starflex PCL Business Description

Address 189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. The Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.
83GF Score

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

฿3.00
Price
฿3.66
GF Value