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TMT Steel PCL (BKK:TMT-R) Receivables Turnover : 1.75 (As of Mar. 2025)


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What is TMT Steel 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. TMT Steel PCL's Revenue for the three months ended in Mar. 2025 was ฿4,517 Mil. TMT Steel PCL's average Accounts Receivable for the three months ended in Mar. 2025 was ฿2,587 Mil. Hence, TMT Steel PCL's Receivables Turnover for the three months ended in Mar. 2025 was 1.75.


TMT Steel PCL Receivables Turnover Historical Data

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.

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TMT Steel PCL Receivables Turnover Chart

TMT Steel PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.12 7.59 7.27 7.47 7.53

TMT Steel PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.80 1.60 1.65 1.58 1.75

Competitive Comparison of TMT Steel PCL's Receivables Turnover

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's Receivables Turnover Distribution in the 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.


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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. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=19258.416 / ((2596.291 + 2516.784) / 2 )
=19258.416 / 2556.5375
=7.53

TMT Steel PCL's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=4516.523 / ((2516.784 + 2657.948) / 2 )
=4516.523 / 2587.366
=1.75

* 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  (BKK:TMT-R) 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

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TMT Steel PCL Business Description

Traded in Other Exchanges
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.

TMT Steel PCL Headlines

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