Terabyte Plus PCL (BKK:TERA) Receivables Turnover : 4.29 (As of Jun. 2024)

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What is Terabyte Plus 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. Terabyte Plus PCL's Revenue for the six months ended in Jun. 2024 was ฿234.7 Mil. Terabyte Plus PCL's average Accounts Receivable for the six months ended in Jun. 2024 was ฿54.7 Mil. Hence, Terabyte Plus PCL's Receivables Turnover for the six months ended in Jun. 2024 was 4.29.

Terabyte Plus PCL Receivables Turnover Historical Data

The historical data trend for Terabyte Plus 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.

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Terabyte Plus PCL Receivables Turnover Chart

Terabyte Plus PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

6.25

5.51

7.14

8.89

Terabyte Plus PCL Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	Get a 7-Day Free Trial			-	-	4.33	4.55	4.29

Competitive Comparison of Terabyte Plus PCL's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Terabyte Plus 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.

Terabyte Plus PCL's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Terabyte Plus PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Terabyte Plus PCL's Receivables Turnover falls into.

Terabyte Plus PCL Receivables Turnover Calculation

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

Terabyte Plus PCL'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 )
=	599.456	/ (	(64.146	+	70.653)	/	2 )
=	599.456	/	67.3995
=	8.89

Terabyte Plus PCL's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	234.718	/ (	(70.653	+	38.759)	/	2 )
=	234.718	/	54.706
=	4.29

Terabyte Plus PCL (BKK:TERA) 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.

Terabyte Plus PCL Receivables Turnover Related Terms

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Terabyte Plus PCL Business Description

Industry

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Traded in Other Exchanges

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Address

Ratchadaphisek Road, No. 230, C.S. Tower Building, 12th Floor, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, THA, 10310

Website

https://www.terabyteplus.com

Terabyte Plus PCL is a IT solution providers, focusing on delivering organizational solutions. It provides advice on information and communication technology infrastructure systems and selling and servicing transportation, distribution and logistics management systems.

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