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Thai Capital PCL (BKK:TCC-R) Receivables Turnover : 2.19 (As of Mar. 2025)


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What is Thai Capital PCL 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. Thai Capital PCL's Revenue for the three months ended in Mar. 2025 was ฿339 Mil. Thai Capital PCL's average Accounts Receivable for the three months ended in Mar. 2025 was ฿155 Mil. Hence, Thai Capital PCL's Receivables Turnover for the three months ended in Mar. 2025 was 2.19.


Thai Capital PCL Receivables Turnover Historical Data

The historical data trend for Thai Capital 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.

* Premium members only.

Thai Capital PCL Receivables Turnover Chart

Thai Capital PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.91 8.92 11.61 10.86 8.56

Thai Capital PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.89 1.15 1.78 1.65 2.19

Competitive Comparison of Thai Capital PCL's Receivables Turnover

For the Thermal Coal subindustry, Thai Capital 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.


Thai Capital PCL's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thai Capital PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Thai Capital PCL's Receivables Turnover falls into.


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Thai Capital PCL Receivables Turnover Calculation

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

Thai Capital PCL's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=1127.156 / ((112.136 + 151.302) / 2 )
=1127.156 / 131.719
=8.56

Thai Capital PCL's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=339.211 / ((151.302 + 158.808) / 2 )
=339.211 / 155.055
=2.19

* 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.


Thai Capital PCL  (BKK:TCC-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.


Thai Capital PCL Receivables Turnover Related Terms

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Thai Capital PCL Business Description

Traded in Other Exchanges
Address
All Seasons Place, Wireless Road, 87/2 CRC Tower, 45th Floor, Lumpini, Phathumwan, Bangkok, THA, 10330
Thai Capital Corp PCL imports, distributes, and sells coal and steel products. The company and its subsidiaries engage in three principal businesses; Distribution of coal, Property Development, and Asset Management. The company focuses on importing coal for sale to industries that utilize coal as a source of energy. It also serves food, garments, Cement, and other Industries. The group operating segment includes the sale of coal and Asset Management. The group generates the majority of its revenue from the sale of coal.

Thai Capital PCL Headlines

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