Thai Mui PCL (BKK:THMUI) Receivables Turnover: 1.10 (As of Mar. 2026)


BKK:THMUI Thai Mui Corp PCL BKK:THMUI
52 GF Score
Price ฿0.31
GF Value ฿0.63
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Thai Mui PCL Receivables Turnover?

Thai Mui PCL BKK:THMUI -3.13% 52 Receivables Turnover is 1.10 as of Mar. 2026. GuruFocus rates BKK:THMUI with a GF Score™ of 52/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 157 Industrial Distribution companies, Thai Mui PCL ranks better than 52.87% 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. Thai Mui PCL's Revenue for the three months ended in Mar. 2026 was ฿92.7 Mil. Thai Mui PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿84.1 Mil. Hence, Thai Mui PCL's Receivables Turnover for the three months ended in Mar. 2026 was 1.10.


Thai Mui PCL  (BKK:THMUI) 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 Mui PCL Receivables Turnover Related Terms


Thai Mui PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Thai Mui 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.

Thai Mui PCL Receivables Turnover Chart

Thai Mui PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.11 3.89 4.06 4.54 4.70

Thai Mui PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.26 1.44 1.74 1.88 1.10

BKK:THMUI vs GWW, FAST, FERG: Receivables Turnover Comparison

For the Industrial Distribution subindustry, Thai Mui 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 Mui PCL Receivables Turnover vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's Receivables Turnover distribution charts can be found below:

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


BKK:THMUI
52GF Score
Thai Mui Corp PCL BKK:THMUI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Mui PCL Receivables Turnover Calculation

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

Thai Mui PCL's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=444.518 / ((80.782 + 108.522) / 2 )
=444.518 / 94.652
=4.70

Thai Mui PCL's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=92.707 / ((108.522 + 59.686) / 2 )
=92.707 / 84.104
=1.10

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.10 mean?
Thai Mui PCL (BKK:THMUI) has a Receivables Turnover of 1.10 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 Thai Mui PCL and its competitors. According to the industry distribution chart, Thai Mui PCL ranks #74 out of 157 companies in the Industrial Distribution industry, placing it in the top 47.1%.
Is Thai Mui PCL's Receivables Turnover too high?
Thai Mui PCL's current Receivables Turnover is 1.10. The Industrial Distribution industry median Receivables Turnover is 6.02. Thai Mui PCL's value of 1.10 is 81.7% below this industry median. Based on the distribution chart, Thai Mui PCL ranks #74 out of 157 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Thai Mui PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Receivables Turnover compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thai Mui PCL ranks #74 out of 157 companies for Receivables Turnover. This puts Thai Mui PCL in the upper half of its industry. The industry median Receivables Turnover is 6.02. Thai Mui PCL's value of 1.10 is 81.7% 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 an Industrial Distribution company?
The median Receivables Turnover among Industrial Distribution companies is 6.02, based on 157 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. Thai Mui PCL's current Receivables Turnover of 1.10 is 81.7% 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 Thai Mui PCL and its competitors. For the Industrial Distribution industry, the median Receivables Turnover is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current Receivables Turnover is 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Mui PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.31 — trading 50.8% below its estimated fair value. The current Receivables Turnover is 1.10 and 81.7% below the Industrial Distribution industry median of 6.02. Thai Mui PCL's overall GF Score™ is 52/100 with 2 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 Thai Mui PCL (BKK:THMUI), the current Receivables Turnover is 1.10 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 Thai Mui PCL (BKK:THMUI) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued. The current stock price of ฿0.31 is trading 50.8% below its estimated GF Value™ of ฿0.63. GuruFocus considers Thai Mui PCL to be Possible Value Trap.

Key valuation signals for BKK:THMUI:

  • Receivables Turnover: 1.10
  • GF Value™: ฿0.63 vs. price of ฿0.31 (50.8% below fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 81.7% below the Industrial Distribution median (#74 of 157)

No single metric tells the full story. See the BKK:THMUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Mui PCL Business Description

Address 759 Chareonkrung Road, Taladnoi, Sumphantawong, Krung Thep Maha Nakhon, Bangkok, THA, 10100
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.
52GF Score

Get the complete analysis for BKK:THMUI

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.31
Price
฿0.63
GF Value