GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sirakorn PCL (BKK:SK) » Definitions » Receivables Turnover

Sirakorn PCL (BKK:SK) Receivables Turnover : 3.04 (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Sirakorn 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. Sirakorn PCL's Revenue for the three months ended in Dec. 2024 was ฿146.8 Mil. Sirakorn PCL's average Accounts Receivable for the three months ended in Dec. 2024 was ฿48.3 Mil. Hence, Sirakorn PCL's Receivables Turnover for the three months ended in Dec. 2024 was 3.04.


Sirakorn PCL Receivables Turnover Historical Data

The historical data trend for Sirakorn 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.

Sirakorn PCL Receivables Turnover Chart

Sirakorn PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 9.68 8.00 8.13 7.27 6.91

Sirakorn 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 2.13 1.52 1.57 2.02 3.04

Competitive Comparison of Sirakorn PCL's Receivables Turnover

For the Building Materials subindustry, Sirakorn 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.


Sirakorn PCL's Receivables Turnover Distribution in the Building Materials Industry

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

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


;
;

Sirakorn PCL Receivables Turnover Calculation

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

Sirakorn 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 )
=541.085 / ((121.768 + 34.847) / 2 )
=541.085 / 78.3075
=6.91

Sirakorn 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 )
=146.755 / ((61.68 + 34.847) / 2 )
=146.755 / 48.2635
=3.04

* 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.


Sirakorn PCL  (BKK:SK) 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.


Sirakorn PCL Receivables Turnover Related Terms

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


Sirakorn PCL Business Description

Traded in Other Exchanges
Address
53/35 Village No.8, Tumbol Bang Krang, Amphur Muang Nonthaburi, Bangkrang Sub-district, Nonthaburi, THA, 11000
Sirakorn PCL is engaged in the business of manufacturing and distribution of concrete products and construction work services. Its product portfolio includes Concrete, Prestressed Concrete Pile and Prestressed Concrete Bridge Girder, Section Prestressed Concrete Pile, Solid Square Prestressed Concrete Pile among others. It has two business segment Sale and Construction. The company derives key revenue from sale of concrete products.

Sirakorn PCL Headlines

No Headlines