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SGF Capital PCL (BKK:SGF) Receivables Turnover : -0.45 (As of Dec. 2023)


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What is SGF Capital 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. SGF Capital PCL's Revenue for the three months ended in Dec. 2023 was ฿135.8 Mil. SGF Capital PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿-301.1 Mil. Hence, SGF Capital PCL's Receivables Turnover for the three months ended in Dec. 2023 was -0.45.


SGF Capital PCL Receivables Turnover Historical Data

The historical data trend for SGF Capital 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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SGF Capital PCL Receivables Turnover Chart

SGF Capital PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -1.21 -1.54

SGF Capital PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.33 -0.33 - - -0.45

Competitive Comparison of SGF Capital PCL's Receivables Turnover

For the Credit Services subindustry, SGF Capital 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.


SGF Capital PCL's Receivables Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SGF Capital PCL's Receivables Turnover distribution charts can be found below:

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



SGF Capital PCL Receivables Turnover Calculation

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

SGF Capital 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 )
=551.236 / ((-413.681 + -301.065) / 2 )
=551.236 / -357.373
=-1.54

SGF Capital PCL's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=135.822 / ((0 + -301.065) / 1 )
=135.822 / -301.065
=-0.45

* 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.


SGF Capital PCL  (BKK:SGF) 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.


SGF Capital PCL Receivables Turnover Related Terms

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SGF Capital PCL (BKK:SGF) Business Description

Traded in Other Exchanges
N/A
Address
Vibhavadi Rangsit Road, 121, 4th Floor, WTH Building, Sam sen Nai, Payathai District, Bangkok, THA, 10400
SGF Capital PCL is engaged in providing funds in the forms of hire purchase, car for cash, mortgaged loan, loans, personal loans and factoring. The company's segments include the Leasing and hire purchase segment and Loan segment. It derives a majority of the revenue from Leasing and hire purchase segment.