TMT Steel PCL (BKK:TMT) Receivables Turnover: 1.47 (As of Jun. 2026)

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BKK:TMT TMT Steel PCL BKK:TMT
65 GF Score
Price ฿4.52
GF Value ฿3.48
Valuation Modestly Overvalued
! 6 Warning Signs
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What is TMT Steel PCL Receivables Turnover?

TMT Steel PCL BKK:TMT +2.26% 65 Receivables Turnover is 1.47 as of Jun. 2026. GuruFocus rates BKK:TMT with a GF Score™ of 65/100 and a GF Value™ of ฿3.48 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 607 Steel companies, TMT Steel PCL ranks worse than 57.99% 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. TMT Steel PCL's Revenue for the three months ended in Jun. 2026 was ฿4,357 Mil. TMT Steel PCL's average Accounts Receivable for the three months ended in Jun. 2026 was ฿2,964 Mil. Hence, TMT Steel PCL's Receivables Turnover for the three months ended in Jun. 2026 was 1.47.


TMT Steel PCL  (BKK:TMT) 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.


TMT Steel PCL Receivables Turnover Related Terms


TMT Steel PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TMT Steel 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.

TMT Steel PCL Receivables Turnover Chart

TMT Steel 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 7.59 7.27 7.47 7.53 6.71

TMT Steel PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.57 1.60 1.58 1.66 1.47

BKK:TMT vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, TMT Steel 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.


TMT Steel PCL Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, TMT Steel PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TMT Steel PCL's Receivables Turnover falls into.


BKK:TMT
65GF Score
TMT Steel PCL BKK:TMT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TMT Steel PCL Receivables Turnover Calculation

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

TMT Steel 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 )
=17627.49 / ((2516.784 + 2735.673) / 2 )
=17627.49 / 2626.2285
=6.71

TMT Steel PCL's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=4356.98 / ((2913.922 + 3013.773) / 2 )
=4356.98 / 2963.8475
=1.47

* 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 1.47 mean?
TMT Steel PCL (BKK:TMT) has a Receivables Turnover of 1.47 as of Jun. 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 TMT Steel PCL and its competitors. According to the industry distribution chart, TMT Steel PCL ranks #352 out of 607 companies in the Steel industry, placing it in the top 58%.
Is TMT Steel PCL's Receivables Turnover too high?
TMT Steel PCL's current Receivables Turnover is 1.47. The Steel industry median Receivables Turnover is 7.23. TMT Steel PCL's value of 1.47 is 79.7% below this industry median. Based on the distribution chart, TMT Steel PCL ranks #352 out of 607 companies in the Steel industry, which is below the industry midpoint. Overall, TMT Steel PCL has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TMT Steel PCL's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, TMT Steel PCL ranks #352 out of 607 companies for Receivables Turnover. This places TMT Steel PCL in the lower half of its industry. The industry median Receivables Turnover is 7.23. TMT Steel PCL's value of 1.47 is 79.7% 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 a Steel company?
The median Receivables Turnover among Steel companies is 7.23, based on 607 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. TMT Steel PCL's current Receivables Turnover of 1.47 is 79.7% 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 TMT Steel PCL and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMT Steel PCL's current Receivables Turnover is 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMT Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, TMT Steel PCL (BKK:TMT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿3.48, compared to a current price of ฿4.52 — trading 29.9% above its estimated fair value. The current Receivables Turnover is 1.47 and 79.7% below the Steel industry median of 7.23. TMT Steel PCL's overall GF Score™ is 65/100 with 6 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 TMT Steel PCL (BKK:TMT), the current Receivables Turnover is 1.47 as of Jun. 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 TMT Steel PCL (BKK:TMT) Overvalued in 2026?

Based on GuruFocus' analysis, TMT Steel PCL stock appears to be overvalued. The current stock price of ฿4.52 is trading 29.9% above its estimated GF Value™ of ฿3.48. GuruFocus considers TMT Steel PCL to be Modestly Overvalued.

Key valuation signals for BKK:TMT:

  • Receivables Turnover: 1.47
  • GF Value™: ฿3.48 vs. price of ฿4.52 (29.9% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 79.7% below the Steel median (#352 of 607)

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


TMT Steel PCL Business Description

Address South Sathorn Road, 22nd Floor, 179 Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.
65GF Score

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

฿4.52
Price
฿3.48
GF Value