Saha Pathana Inter-Holding PCL (BKK:SPI) Receivables Turnover: 3.48 (As of Mar. 2026)

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BKK:SPI Saha Pathana Inter-Holding PCL BKK:SPI
69 GF Score
Price ฿32.25
GF Value ฿26.37
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Saha Pathana Inter-Holding PCL Receivables Turnover?

Saha Pathana Inter-Holding PCL BKK:SPI -0.77% 69 Receivables Turnover is 3.48 as of Mar. 2026. GuruFocus rates BKK:SPI with a GF Score™ of 69/100 and a GF Value™ of ฿26.37 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,666 Real Estate companies, Saha Pathana Inter-Holding PCL ranks better than 57.14% 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. Saha Pathana Inter-Holding PCL's Revenue for the three months ended in Mar. 2026 was ฿919 Mil. Saha Pathana Inter-Holding PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿264 Mil. Hence, Saha Pathana Inter-Holding PCL's Receivables Turnover for the three months ended in Mar. 2026 was 3.48.


Saha Pathana Inter-Holding PCL  (BKK:SPI) 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.


Saha Pathana Inter-Holding PCL Receivables Turnover Related Terms


Saha Pathana Inter-Holding PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Saha Pathana Inter-Holding 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.

Saha Pathana Inter-Holding PCL Receivables Turnover Chart

Saha Pathana Inter-Holding 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 15.50 18.14 17.03 13.28 14.50

Saha Pathana Inter-Holding 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 4.42 3.17 3.07 3.96 3.48

BKK:SPI vs CBRE, BEKE, JLL: Receivables Turnover Comparison

For the Real Estate Services subindustry, Saha Pathana Inter-Holding 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.


Saha Pathana Inter-Holding PCL Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Saha Pathana Inter-Holding PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Saha Pathana Inter-Holding PCL's Receivables Turnover falls into.


BKK:SPI
69GF Score
Saha Pathana Inter-Holding PCL BKK:SPI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Saha Pathana Inter-Holding PCL Receivables Turnover Calculation

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

Saha Pathana Inter-Holding 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 )
=4281.122 / ((310.333 + 280.238) / 2 )
=4281.122 / 295.2855
=14.50

Saha Pathana Inter-Holding 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 )
=918.635 / ((280.238 + 248.073) / 2 )
=918.635 / 264.1555
=3.48

* 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 3.48 mean?
Saha Pathana Inter-Holding PCL (BKK:SPI) has a Receivables Turnover of 3.48 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 Saha Pathana Inter-Holding PCL and its competitors. According to the industry distribution chart, Saha Pathana Inter-Holding PCL ranks #714 out of 1666 companies in the Real Estate industry, placing it in the top 42.9%.
Is Saha Pathana Inter-Holding PCL's Receivables Turnover too high?
Saha Pathana Inter-Holding PCL's current Receivables Turnover is 3.48. The Real Estate industry median Receivables Turnover is 10.63. Saha Pathana Inter-Holding PCL's value of 3.48 is 67.3% below this industry median. Based on the distribution chart, Saha Pathana Inter-Holding PCL ranks #714 out of 1666 companies in the Real Estate industry, which is above the industry midpoint. Overall, Saha Pathana Inter-Holding PCL has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saha Pathana Inter-Holding PCL's Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Saha Pathana Inter-Holding PCL ranks #714 out of 1666 companies for Receivables Turnover. This puts Saha Pathana Inter-Holding PCL in the upper half of its industry. The industry median Receivables Turnover is 10.63. Saha Pathana Inter-Holding PCL's value of 3.48 is 67.3% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.63, based on 1,666 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. Saha Pathana Inter-Holding PCL's current Receivables Turnover of 3.48 is 67.3% 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 Saha Pathana Inter-Holding PCL and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saha Pathana Inter-Holding PCL's current Receivables Turnover is 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saha Pathana Inter-Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, Saha Pathana Inter-Holding PCL (BKK:SPI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿26.37, compared to a current price of ฿32.25 — trading 22.3% above its estimated fair value. The current Receivables Turnover is 3.48 and 67.3% below the Real Estate industry median of 10.63. Saha Pathana Inter-Holding PCL's overall GF Score™ is 69/100 with 12 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 Saha Pathana Inter-Holding PCL (BKK:SPI), the current Receivables Turnover is 3.48 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 Saha Pathana Inter-Holding PCL (BKK:SPI) Overvalued in 2026?

Based on GuruFocus' analysis, Saha Pathana Inter-Holding PCL stock appears to be overvalued. The current stock price of ฿32.25 is trading 22.3% above its estimated GF Value™ of ฿26.37. GuruFocus considers Saha Pathana Inter-Holding PCL to be Modestly Overvalued.

Key valuation signals for BKK:SPI:

  • Receivables Turnover: 3.48
  • GF Value™: ฿26.37 vs. price of ฿32.25 (22.3% above fair value)
  • GF Score™: 69/100 with 12 warning signs
  • Industry Position: 67.3% below the Real Estate median (#714 of 1666)

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


Saha Pathana Inter-Holding PCL Business Description

Address Rama 3 Road, 989 Kingbridge Tower, Bangpongpang, Yannawa, Bangkok, THA, 10120
Saha Pathana Inter-Holding PCL is engaged in the real estate business. The company's core businesses are divided into three segments: Investment in consumer goods business, which derives maximum revenue; Investment in food and beverage business; and Industrial park development and investment in other businesses. The company operates in Thailand only.
69GF Score

Get the complete analysis for BKK:SPI

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

฿32.25
Price
฿26.37
GF Value