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Thanasiri Group PCLBKK:THANA 64 Receivables Turnover is 10.41 as of Mar. 2026. GuruFocus rates BKK:THANA with a GF Score™ of 64/100 and a GF Value™ of ฿1.14 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,667 Real Estate companies, Thanasiri Group PCL ranks better than 87.46% on this metric.
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. Thanasiri Group PCL's Revenue for the
three
months ended in Mar. 2026 was ฿72.8 Mil. Thanasiri Group PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿7.0 Mil.
Hence, Thanasiri Group PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 10.41.
Thanasiri Group PCL (BKK:THANA) 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.
Thanasiri Group PCL Receivables Turnover Related Terms
Thanasiri Group PCL Receivables Turnover Historical Data
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The historical data trend for Thanasiri Group 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.
Thanasiri Group PCL Receivables Turnover Competitor Comparison
For the Real Estate - Development subindustry, Thanasiri Group 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.
Thanasiri Group PCL Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Thanasiri Group PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thanasiri Group 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.
Thanasiri Group PCL (BKK:THANA) has a Receivables Turnover of 10.41 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 Thanasiri Group PCL and its competitors. According to the industry distribution chart, Thanasiri Group PCL ranks #209 out of 1667 companies in the Real Estate industry, placing it in the top 12.5%.
Is Thanasiri Group PCL's Receivables Turnover too high?
Thanasiri Group PCL's current Receivables Turnover is 10.41. The Real Estate industry median Receivables Turnover is 10.56. Thanasiri Group PCL's value of 10.41 is 1.4% below this industry median. Based on the distribution chart, Thanasiri Group PCL ranks #209 out of 1667 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Thanasiri Group PCL has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thanasiri Group PCL's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Thanasiri Group PCL ranks #209 out of 1667 companies for Receivables Turnover. This places Thanasiri Group PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.56. Thanasiri Group PCL's value of 10.41 is 1.4% below 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.56, based on 1,667 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. Thanasiri Group PCL's current Receivables Turnover of 10.41 is 1.4% below 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 Thanasiri Group PCL and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thanasiri Group PCL's current Receivables Turnover is 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanasiri Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Thanasiri Group PCL (BKK:THANA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.14, compared to a current price of ฿1.56 — trading 36.8% above its estimated fair value. The current Receivables Turnover is 10.41 and 1.4% below the Real Estate industry median of 10.56. Thanasiri Group PCL's overall GF Score™ is 64/100 with 8 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 Thanasiri Group PCL (BKK:THANA), the current Receivables Turnover is 10.41 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 Thanasiri Group PCL (BKK:THANA) Overvalued in 2026?
Based on GuruFocus' analysis, Thanasiri Group PCL stock appears to be overvalued.
The current stock price of ฿1.56 is trading 36.8% above its estimated GF Value™ of ฿1.14.
GuruFocus considers Thanasiri Group PCL to be Significantly Overvalued.
Key valuation signals for BKK:THANA:
Receivables Turnover: 10.41
GF Value™: ฿1.14 vs. price of ฿1.56 (36.8% above fair value)
Industry Position: 1.4% below the Real Estate median (#209 of 1667)
No single metric tells the full story. See the BKK:THANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thanasiri Group PCL is a Thailand-based company. It is engaged in the business of Property development for sale. The operations of the company are located in Thailand. The projects of the company include Thana Hibbati Pinklao - Sirindhorn, Thanasiri Ratchaphruek - Tha Nam Non, Thana Village Rama 5 - Bangyai, Thanasio Rattanathibet, and Thana Cluster Ratchapruek, among others. Its operating segments include Real estate business - horizontal, Service business, and Sell products business.
64GF Score
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