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Thai Nakarin Hospital PCL (BKK:TNH) Receivables Turnover : 3.28 (As of Jul. 2024)


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What is Thai Nakarin Hospital 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. Thai Nakarin Hospital PCL's Revenue for the three months ended in Jul. 2024 was ฿701 Mil. Thai Nakarin Hospital PCL's average Accounts Receivable for the three months ended in Jul. 2024 was ฿213 Mil. Hence, Thai Nakarin Hospital PCL's Receivables Turnover for the three months ended in Jul. 2024 was 3.28.


Thai Nakarin Hospital PCL Receivables Turnover Historical Data

The historical data trend for Thai Nakarin Hospital 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.

* Premium members only.

Thai Nakarin Hospital PCL Receivables Turnover Chart

Thai Nakarin Hospital PCL Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.71 11.09 8.53 8.63 12.67

Thai Nakarin Hospital PCL Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 3.07 3.30 3.23 3.17 3.28

Competitive Comparison of Thai Nakarin Hospital PCL's Receivables Turnover

For the Medical Care Facilities subindustry, Thai Nakarin Hospital 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 Nakarin Hospital PCL's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Thai Nakarin Hospital PCL's Receivables Turnover distribution charts can be found below:

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



Thai Nakarin Hospital PCL Receivables Turnover Calculation

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

Thai Nakarin Hospital PCL's Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Receivables Turnover (A: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2024 ) / ((Accounts Receivable (A: Jul. 2023 ) + Accounts Receivable (A: Jul. 2024 )) / count )
=2706.219 / ((204.472 + 222.56) / 2 )
=2706.219 / 213.516
=12.67

Thai Nakarin Hospital PCL's Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

Receivables Turnover (Q: Jul. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jul. 2024 ) / ((Accounts Receivable (Q: Apr. 2024 ) + Accounts Receivable (Q: Jul. 2024 )) / count )
=700.504 / ((204.3 + 222.56) / 2 )
=700.504 / 213.43
=3.28

* 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 Nakarin Hospital PCL  (BKK:TNH) 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 Nakarin Hospital PCL Receivables Turnover Related Terms

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Thai Nakarin Hospital PCL Business Description

Traded in Other Exchanges
N/A
Address
No. 345 Thepparat Road, Kwaeng Bangna Nuea, Khet Bangna, Bangkok, THA, 10260
Thai Nakarin Hospital PCL is engaged in operating hospital in Thailand. It provides inpatient and outpatient services, and medical services. The company's operating units consist of an emergency department, X-ray unit, pharmacy department, physical therapy department, laboratory department and others.

Thai Nakarin Hospital PCL Headlines

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