SPT X PCL (BKK:SPTX-R) Receivables Turnover: 6.72 (As of Mar. 2026)


What is SPT X PCL Receivables Turnover?

SPT X PCL BKK:SPTX-R Receivables Turnover is 6.72 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,767 Software companies, SPT X PCL ranks better than 87.35% 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. SPT X PCL's Revenue for the three months ended in Mar. 2026 was ฿31.6 Mil. SPT X PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿4.7 Mil. Hence, SPT X PCL's Receivables Turnover for the three months ended in Mar. 2026 was 6.72.


SPT X PCL  (BKK:SPTX-R) 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.


SPT X PCL Receivables Turnover Related Terms


SPT X PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SPT X 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.

SPT X PCL Receivables Turnover Chart

SPT X 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 0.00 0.02 231.15 48.80 154.16

SPT X 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 11.14 7.28 8.09 0.00 6.72

BKK:SPTX-R vs CRM, SHOP, UBER: Receivables Turnover Comparison

For the Software - Application subindustry, SPT X 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.


SPT X PCL Receivables Turnover vs Software Industry

For the Software industry and Technology sector, SPT X PCL's Receivables Turnover distribution charts can be found below:

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



SPT X PCL Receivables Turnover Calculation

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

SPT X 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 )
=170.498 / ((2.21 + 0.002) / 2 )
=170.498 / 1.106
=154.16

SPT X 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 )
=31.559 / ((0.002 + 9.392) / 2 )
=31.559 / 4.697
=6.72

* 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 6.72 mean?
SPT X PCL (BKK:SPTX-R) has a Receivables Turnover of 6.72 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 SPT X PCL and its competitors. According to the industry distribution chart, SPT X PCL ranks #350 out of 2767 companies in the Software industry, placing it in the top 12.6%.
Is SPT X PCL's Receivables Turnover too high?
SPT X PCL's current Receivables Turnover is 6.72. The Software industry median Receivables Turnover is 5.67. SPT X PCL's value of 6.72 is 18.5% above this industry median. Based on the distribution chart, SPT X PCL ranks #350 out of 2767 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does SPT X PCL's Receivables Turnover compare to CRM and SHOP?
According to the Software industry distribution chart, SPT X PCL ranks #350 out of 2767 companies for Receivables Turnover. This places SPT X PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.67. SPT X PCL's value of 6.72 is 18.5% above 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 Software company?
The median Receivables Turnover among Software companies is 5.67, based on 2,767 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. SPT X PCL's current Receivables Turnover of 6.72 is 18.5% above 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 SPT X PCL and its competitors. For the Software industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPT X PCL's current Receivables Turnover is 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPT X PCL stock overvalued right now?
SPT X PCL (BKK:SPTX-R) has a current Receivables Turnover of 6.72. The current Receivables Turnover is 6.72 and 18.5% above the Software industry median of 5.67. 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 SPT X PCL (BKK:SPTX-R), the current Receivables Turnover is 6.72 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.

SPT X PCL Business Description

Other Exchanges SPTX:Thailand
Address Rama 4 Road, 944 Samyan Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
SPT X PCL, formerly known as News Network Corp PCL, engages in the business activities of the securities business. The principal business of the Company is investing in securities business and investment learning academy. The various segment of the company includes segment of investing in securities business and academy business; segment of Securities which includes the securities brokerage for investment units and securities brokerage and derivatives brokerage and segment of investment learning academy related to securities, derivatives, and other, and selling books related to invest.