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Sherwood(Thailand) Public Co (BKK:SWC) Receivables Turnover : 1.90 (As of Mar. 2024)


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What is Sherwood(Thailand) Public Co 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. Sherwood(Thailand) Public Co's Revenue for the three months ended in Mar. 2024 was ฿383 Mil. Sherwood(Thailand) Public Co's average Accounts Receivable for the three months ended in Mar. 2024 was ฿202 Mil. Hence, Sherwood(Thailand) Public Co's Receivables Turnover for the three months ended in Mar. 2024 was 1.90.


Sherwood(Thailand) Public Co Receivables Turnover Historical Data

The historical data trend for Sherwood(Thailand) Public Co'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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Sherwood(Thailand) Public Co Receivables Turnover Chart

Sherwood(Thailand) Public Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.99 3.48 6.15 6.05 7.83

Sherwood(Thailand) Public Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.71 1.61 1.81 2.02 1.90

Competitive Comparison of Sherwood(Thailand) Public Co's Receivables Turnover

For the Specialty Chemicals subindustry, Sherwood(Thailand) Public Co'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.


Sherwood(Thailand) Public Co's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwood(Thailand) Public Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sherwood(Thailand) Public Co's Receivables Turnover falls into.



Sherwood(Thailand) Public Co Receivables Turnover Calculation

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

Sherwood(Thailand) Public Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1709.684 / ((252.998 + 183.664) / 2 )
=1709.684 / 218.331
=7.83

Sherwood(Thailand) Public Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=383.272 / ((183.664 + 220.544) / 2 )
=383.272 / 202.104
=1.90

* 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.


Sherwood(Thailand) Public Co  (BKK:SWC) 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.


Sherwood(Thailand) Public Co Receivables Turnover Related Terms

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Sherwood(Thailand) Public Co (BKK:SWC) Business Description

Traded in Other Exchanges
N/A
Address
1065, Srinakarin Road, Suanluang, Bangkok, THA, 10250
Sherwood Corp(Thailand) Public Co Ltd is a firm that is engaged in the manufacturing and distribution of insecticide, cleaning and wood preservative products. The company and its subsidiary are organized into business units based on its products namely; the insecticide segment which contributes a major part of its revenue; the wood preservative segment and the cleaning segment. Most of its revenue is earned through the Thailand market, while it also has a presence in other countries.

Sherwood(Thailand) Public Co (BKK:SWC) Headlines

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