Siamrajathanee PCL (BKK:SO) Receivables Turnover: 2.61 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SO Siamrajathanee PCL BKK:SO
86 GF Score
Price ฿4.64
GF Value ฿5.71
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Siamrajathanee PCL Receivables Turnover?

Siamrajathanee PCL BKK:SO 86 Receivables Turnover is 2.61 as of Mar. 2026. GuruFocus rates BKK:SO with a GF Score™ of 86/100 and a GF Value™ of ฿5.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,062 Business Services companies, Siamrajathanee PCL ranks better than 80.98% 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. Siamrajathanee PCL's Revenue for the three months ended in Mar. 2026 was ฿713 Mil. Siamrajathanee PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿273 Mil. Hence, Siamrajathanee PCL's Receivables Turnover for the three months ended in Mar. 2026 was 2.61.


Siamrajathanee PCL  (BKK:SO) 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.


Siamrajathanee PCL Receivables Turnover Related Terms


Siamrajathanee PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Siamrajathanee 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.

Siamrajathanee PCL Receivables Turnover Chart

Siamrajathanee 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 12.69 12.46 12.38 12.21 11.38

Siamrajathanee 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 2.73 2.48 2.57 2.70 2.61

BKK:SO vs CTAS, CPRT, ULS: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Siamrajathanee 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.


Siamrajathanee PCL Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Siamrajathanee PCL's Receivables Turnover distribution charts can be found below:

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


BKK:SO
86GF Score
Siamrajathanee PCL BKK:SO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siamrajathanee PCL Receivables Turnover Calculation

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

Siamrajathanee 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 )
=2833.553 / ((228.714 + 269.212) / 2 )
=2833.553 / 248.963
=11.38

Siamrajathanee 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 )
=712.507 / ((269.212 + 276.219) / 2 )
=712.507 / 272.7155
=2.61

* 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 2.61 mean?
Siamrajathanee PCL (BKK:SO) has a Receivables Turnover of 2.61 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 Siamrajathanee PCL and its competitors. According to the industry distribution chart, Siamrajathanee PCL ranks #202 out of 1062 companies in the Business Services industry, placing it in the top 19%.
Is Siamrajathanee PCL's Receivables Turnover too high?
Siamrajathanee PCL's current Receivables Turnover is 2.61. The Business Services industry median Receivables Turnover is 6.24. Siamrajathanee PCL's value of 2.61 is 58.2% below this industry median. Based on the distribution chart, Siamrajathanee PCL ranks #202 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Siamrajathanee PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siamrajathanee PCL's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Siamrajathanee PCL ranks #202 out of 1062 companies for Receivables Turnover. This places Siamrajathanee PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.24. Siamrajathanee PCL's value of 2.61 is 58.2% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.24, based on 1,062 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. Siamrajathanee PCL's current Receivables Turnover of 2.61 is 58.2% 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 Siamrajathanee PCL and its competitors. For the Business Services industry, the median Receivables Turnover is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamrajathanee PCL's current Receivables Turnover is 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamrajathanee PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamrajathanee PCL (BKK:SO) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.71, compared to a current price of ฿4.64 — trading 18.7% below its estimated fair value. The current Receivables Turnover is 2.61 and 58.2% below the Business Services industry median of 6.24. Siamrajathanee PCL's overall GF Score™ is 86/100 with 5 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 Siamrajathanee PCL (BKK:SO), the current Receivables Turnover is 2.61 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 Siamrajathanee PCL (BKK:SO) Overvalued in 2026?

Based on GuruFocus' analysis, Siamrajathanee PCL stock appears to be undervalued. The current stock price of ฿4.64 is trading 18.7% below its estimated GF Value™ of ฿5.71. GuruFocus considers Siamrajathanee PCL to be Modestly Undervalued.

Key valuation signals for BKK:SO:

  • Receivables Turnover: 2.61
  • GF Value™: ฿5.71 vs. price of ฿4.64 (18.7% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 58.2% below the Business Services median (#202 of 1062)

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


Siamrajathanee PCL Business Description

Address 329 Moo 10, Old Railway Road, Kusolsong Samakkee Soi 1, Samrong Subdistrict, Phra Pradaeng District, Samutprakarn, THA, 10130
Siamrajathanee PCL is an outsourcing services company in Thailand for both the government and private sectors. It is principally engaged in providing outsourcing services and vehicle operating lease services. The company, along with its subsidiaries, is organized into business units based on its products and services and has the following reportable segments: the Outsourcing service segment, the Rental service segment, and others. A majority of its revenue is generated from the Outsourcing service segment, which provides services like Workforce management, corporate car rental, landscape maintenance, and industrial waste disposal. Geographically, the group operates only in Thailand.
86GF Score

Get the complete analysis for BKK:SO

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

฿4.64
Price
฿5.71
GF Value