Sermsang Power PCL (BKK:SSP) Receivables Turnover: 1.21 (As of Mar. 2026)

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BKK:SSP Sermsang Power Corporation PCL BKK:SSP
84 GF Score
Price ฿4.54
GF Value ฿5.86
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Sermsang Power PCL Receivables Turnover?

Sermsang Power PCL BKK:SSP +0.44% 84 Receivables Turnover is 1.21 as of Mar. 2026. GuruFocus rates BKK:SSP with a GF Score™ of 84/100 and a GF Value™ of ฿5.86 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 412 Utilities - Independent Power Producers companies, Sermsang Power PCL ranks worse than 54.61% 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. Sermsang Power PCL's Revenue for the three months ended in Mar. 2026 was ฿884 Mil. Sermsang Power PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿730 Mil. Hence, Sermsang Power PCL's Receivables Turnover for the three months ended in Mar. 2026 was 1.21.


Sermsang Power PCL  (BKK:SSP) 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.


Sermsang Power PCL Receivables Turnover Related Terms


Sermsang Power PCL Receivables Turnover Historical Data

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The historical data trend for Sermsang Power 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.

Sermsang Power PCL Receivables Turnover Chart

Sermsang Power 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 6.46 6.57 6.22 5.48 4.30

Sermsang Power 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 1.32 1.21 1.54 1.42 1.21

Sermsang Power PCL Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Sermsang Power 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.


Sermsang Power PCL Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Receivables Turnover distribution charts can be found below:

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


BKK:SSP
84GF Score
Sermsang Power Corporation PCL BKK:SSP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sermsang Power PCL Receivables Turnover Calculation

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

Sermsang Power 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 )
=3146.428 / ((750.331 + 712.679) / 2 )
=3146.428 / 731.505
=4.30

Sermsang Power 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 )
=884.339 / ((712.679 + 747.748) / 2 )
=884.339 / 730.2135
=1.21

* 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 1.21 mean?
Sermsang Power PCL (BKK:SSP) has a Receivables Turnover of 1.21 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 Sermsang Power PCL and its competitors. According to the industry distribution chart, Sermsang Power PCL ranks #225 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 54.6%.
Is Sermsang Power PCL's Receivables Turnover too high?
Sermsang Power PCL's current Receivables Turnover is 1.21. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.73. Sermsang Power PCL's value of 1.21 is 78.9% below this industry median. Based on the distribution chart, Sermsang Power PCL ranks #225 out of 412 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Sermsang Power PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sermsang Power PCL's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Sermsang Power PCL ranks #225 out of 412 companies for Receivables Turnover. This places Sermsang Power PCL in the lower half of its industry. The industry median Receivables Turnover is 5.73. Sermsang Power PCL's value of 1.21 is 78.9% 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 5.73, based on 412 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. Sermsang Power PCL's current Receivables Turnover of 1.21 is 78.9% 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 Sermsang Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sermsang Power PCL's current Receivables Turnover is 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sermsang Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Sermsang Power PCL (BKK:SSP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿5.86, compared to a current price of ฿4.54 — trading 22.5% below its estimated fair value. The current Receivables Turnover is 1.21 and 78.9% below the Utilities - Independent Power Producers industry median of 5.73. Sermsang Power PCL's overall GF Score™ is 84/100 with 11 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 Sermsang Power PCL (BKK:SSP), the current Receivables Turnover is 1.21 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 Sermsang Power PCL (BKK:SSP) Overvalued in 2026?

Based on GuruFocus' analysis, Sermsang Power PCL stock appears to be undervalued. The current stock price of ฿4.54 is trading 22.5% below its estimated GF Value™ of ฿5.86. GuruFocus considers Sermsang Power PCL to be Modestly Undervalued.

Key valuation signals for BKK:SSP:

  • Receivables Turnover: 1.21
  • GF Value™: ฿5.86 vs. price of ฿4.54 (22.5% below fair value)
  • GF Score™: 84/100 with 11 warning signs
  • Industry Position: 78.9% below the Utilities - Independent Power Producers median (#225 of 412)

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


Sermsang Power PCL Business Description

Address 325/14 Lan Luang Road, Si Yaek Mahanak, Dusit, Bangkok, THA, 10300
Sermsang Power Corporation PCL is engaged in investment, consultancy, and the provision of services for energy businesses to related parties. The company's operating segments are the production and distribution of electricity from solar plants, Electricity distribution, and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from biomass, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.
84GF Score

Get the complete analysis for BKK:SSP

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

฿4.54
Price
฿5.86
GF Value