Sri Trang Agro-Industry (BKK:STA) Receivables Turnover : 3.42 (As of Dec. 2024)

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What is Sri Trang Agro-Industry Receivables Turnover?

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. Sri Trang Agro-Industry's Revenue for the three months ended in Dec. 2024 was ฿33,257 Mil. Sri Trang Agro-Industry's average Accounts Receivable for the three months ended in Dec. 2024 was ฿9,737 Mil. Hence, Sri Trang Agro-Industry's Receivables Turnover for the three months ended in Dec. 2024 was 3.42.

Sri Trang Agro-Industry Receivables Turnover Historical Data

The historical data trend for Sri Trang Agro-Industry'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.

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Sri Trang Agro-Industry Receivables Turnover Chart

Sri Trang Agro-Industry Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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11.35

14.01

14.50

12.42

13.68

Sri Trang Agro-Industry Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															3.65	3.31	3.11	3.47	3.42

Competitive Comparison of Sri Trang Agro-Industry's Receivables Turnover

For the Specialty Chemicals subindustry, Sri Trang Agro-Industry'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.

Sri Trang Agro-Industry's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sri Trang Agro-Industry's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sri Trang Agro-Industry's Receivables Turnover falls into.

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Sri Trang Agro-Industry Receivables Turnover Calculation

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

Sri Trang Agro-Industry's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	114373.663	/ (	(6592.783	+	10127.611)	/	2 )
=	114373.663	/	8360.197
=	13.68

Sri Trang Agro-Industry's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	33256.757	/ (	(9345.552	+	10127.611)	/	2 )
=	33256.757	/	9736.5815
=	3.42

Sri Trang Agro-Industry (BKK:STA) 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.

Sri Trang Agro-Industry Receivables Turnover Related Terms

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Sri Trang Agro-Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sri Trang Agro-Industry PLC (BKK:STA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NC2:Singapore

Address

10 Soi 10, Phetkasem Road, Hat Yai, Songkhla, THA, 90110

Website

https://www.sritranggroup.com

Sri Trang Agro-Industry PLC is engaged in the manufacturing and distribution of natural rubber products such as ribbed smoked sheets, concentrated latex, block rubber, and other products. Its reportable segments are; Natural rubber products, Gloves, and Other businesses: Plantation, Engineering business, Logistics services and other services, Other rubber products, Financial asset management and financial investment. Majority of the revenue for the company is generated from its Natural rubber products segment. Geographically, it generates a majority of its revenue from China and also has its presence in other markets such as Thailand, USA, Singapore, Japan and other regions.

Sri Trang Agro-Industry Headlines

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