Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Tong Hua Holdings PCL's Revenue for the
three
months ended in Mar. 2026 was ฿58.9 Mil. Tong Hua Holdings PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿8.3 Mil.
Hence, Tong Hua Holdings PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 7.12.
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.
Tong Hua Holdings PCL Receivables Turnover Related Terms
Tong Hua Holdings PCL Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Tong Hua Holdings 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.
BKK:TH vs VOYA, FRHC: Receivables Turnover Comparison
For the Financial Conglomerates subindustry, Tong Hua Holdings 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.
Tong Hua Holdings PCL Receivables Turnover vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Tong Hua Holdings PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tong Hua Holdings PCL's Receivables Turnover falls into.
* 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.
Tong Hua Holdings PCL (BKK:TH) has a Receivables Turnover of 7.12 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 Tong Hua Holdings PCL and its competitors. According to the industry distribution chart, Tong Hua Holdings PCL ranks #14 out of 71 companies in the Diversified Financial Services industry, placing it in the top 19.7%.
Is Tong Hua Holdings PCL's Receivables Turnover too high?
Tong Hua Holdings PCL's current Receivables Turnover is 7.12. The Diversified Financial Services industry median Receivables Turnover is 4.92. Tong Hua Holdings PCL's value of 7.12 is 44.7% above this industry median. Based on the distribution chart, Tong Hua Holdings PCL ranks #14 out of 71 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tong Hua Holdings PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hua Holdings PCL's Receivables Turnover compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Tong Hua Holdings PCL ranks #14 out of 71 companies for Receivables Turnover. This places Tong Hua Holdings PCL in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.92. Tong Hua Holdings PCL's value of 7.12 is 44.7% above 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 a Diversified Financial Services company?
The median Receivables Turnover among Diversified Financial Services companies is 4.92, based on 71 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. Tong Hua Holdings PCL's current Receivables Turnover of 7.12 is 44.7% above 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 Tong Hua Holdings PCL and its competitors. For the Diversified Financial Services industry, the median Receivables Turnover is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Hua Holdings PCL's current Receivables Turnover is 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hua Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Tong Hua Holdings PCL (BKK:TH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.50 — trading 20.6% below its estimated fair value. The current Receivables Turnover is 7.12 and 44.7% above the Diversified Financial Services industry median of 4.92. Tong Hua Holdings PCL's overall GF Score™ is 63/100 with 4 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 Tong Hua Holdings PCL (BKK:TH), the current Receivables Turnover is 7.12 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 Tong Hua Holdings PCL (BKK:TH) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Hua Holdings PCL stock appears to be undervalued.
The current stock price of ฿0.50 is trading 20.6% below its estimated GF Value™ of ฿0.63.
GuruFocus considers Tong Hua Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TH:
Receivables Turnover: 7.12
GF Value™: ฿0.63 vs. price of ฿0.50 (20.6% below fair value)
Industry Position: 44.7% above the Diversified Financial Services median (#14 of 71)
No single metric tells the full story. See the BKK:TH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Hua Holdings PCL operates as an investment company. The company's business segments are divided into five segments: i) Producing and distributing newspaper, publishing and providing printing services, ii) Space rental for trading and service business, iii) Investment business, iv) Providing short - term funds in the form of factoring, loans, and v) Asset Management Business. Geographically, it operates mainly in Thailand.
63GF Score
Get the complete analysis for BKK:TH
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TH has been successfully added to your 
