SPCG PCLBKK:SPCG-R 64 Receivables Turnover is 2.93 as of Mar. 2026. GuruFocus rates BKK:SPCG-R with a GF Score™ of 64/100 and a GF Value™ of ฿6.00. The stock has 8 warning signs investors should review. Among 409 Utilities - Independent Power Producers companies, SPCG PCL ranks better than 78.97% 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. SPCG PCL's Revenue for the
three
months ended in Mar. 2026 was ฿420 Mil. SPCG PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿143 Mil.
Hence, SPCG PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.93.
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.
SPCG PCL Receivables Turnover Related Terms
SPCG PCL Receivables Turnover Historical Data
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The historical data trend for SPCG 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.
For the Utilities - Renewable subindustry, SPCG 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.
SPCG PCL Receivables Turnover vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where SPCG 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.
SPCG PCL (BKK:SPCG-R) has a Receivables Turnover of 2.93 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 SPCG PCL and its competitors. According to the industry distribution chart, SPCG PCL ranks #86 out of 409 companies in the Utilities - Independent Power Producers industry, placing it in the top 21%.
Is SPCG PCL's Receivables Turnover too high?
SPCG PCL's current Receivables Turnover is 2.93. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.76. SPCG PCL's value of 2.93 is 49.1% below this industry median. Based on the distribution chart, SPCG PCL ranks #86 out of 409 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SPCG PCL has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #86 out of 409 companies for Receivables Turnover. This places SPCG PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.76. SPCG PCL's value of 2.93 is 49.1% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.76, based on 409 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. SPCG PCL's current Receivables Turnover of 2.93 is 49.1% 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 SPCG PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current Receivables Turnover is 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current Receivables Turnover of 2.93. The stock's GF Value™ is ฿6.00, compared to a current price of ฿8.85 — trading 47.5% above its estimated fair value. The current Receivables Turnover is 2.93 and 49.1% below the Utilities - Independent Power Producers industry median of 5.76. SPCG PCL's overall GF Score™ is 64/100 with 8 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 SPCG PCL (BKK:SPCG-R), the current Receivables Turnover is 2.93 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?
Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued.
The current stock price of ฿8.85 is trading 47.5% above its estimated GF Value™ of ฿6.00.
Key valuation signals for BKK:SPCG-R:
Receivables Turnover: 2.93
GF Value™: ฿6.00 vs. price of ฿8.85 (47.5% above fair value)
Industry Position: 49.1% below the Utilities - Independent Power Producers median (#86 of 409)
No single metric tells the full story. See the BKK:SPCG-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
64GF Score
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