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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. TOA Paint (Thailand) PCL's Revenue for the
three
months ended in Jun. 2026 was ฿5,581 Mil. TOA Paint (Thailand) PCL's average Accounts Receivable for the
three
months ended in Jun. 2026 was ฿3,122 Mil.
Hence, TOA Paint (Thailand) PCL's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.79.
TOA Paint (Thailand) PCL (BKK:TOA-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.
TOA Paint (Thailand) PCL Receivables Turnover Related Terms
TOA Paint (Thailand) PCL Receivables Turnover Historical Data
* Premium members only.
The historical data trend for TOA Paint (Thailand) 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.
TOA Paint (Thailand) PCL Receivables Turnover Chart
BKK:TOA-R vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, TOA Paint (Thailand) 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.
TOA Paint (Thailand) PCL Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TOA Paint (Thailand) PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TOA Paint (Thailand) 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.
TOA Paint (Thailand) PCL (BKK:TOA-R) has a Receivables Turnover of 1.79 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 TOA Paint (Thailand) PCL and its competitors. According to the industry distribution chart, TOA Paint (Thailand) PCL ranks #553 out of 1583 companies in the Chemicals industry, placing it in the top 34.9%.
Is TOA Paint (Thailand) PCL's Receivables Turnover too high?
TOA Paint (Thailand) PCL's current Receivables Turnover is 1.79. The Chemicals industry median Receivables Turnover is 5.74. TOA Paint (Thailand) PCL's value of 1.79 is 68.8% below this industry median. Based on the distribution chart, TOA Paint (Thailand) PCL ranks #553 out of 1583 companies in the Chemicals industry, which is above the industry midpoint. Overall, TOA Paint (Thailand) PCL has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOA Paint (Thailand) PCL's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOA Paint (Thailand) PCL ranks #553 out of 1583 companies for Receivables Turnover. This puts TOA Paint (Thailand) PCL in the upper half of its industry. The industry median Receivables Turnover is 5.74. TOA Paint (Thailand) PCL's value of 1.79 is 68.8% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.74, based on 1,583 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. TOA Paint (Thailand) PCL's current Receivables Turnover of 1.79 is 68.8% 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 TOA Paint (Thailand) PCL and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOA Paint (Thailand) PCL's current Receivables Turnover is 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOA Paint (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL (BKK:TOA-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿13.39, compared to a current price of ฿15.20 — trading 13.5% above its estimated fair value. The current Receivables Turnover is 1.79 and 68.8% below the Chemicals industry median of 5.74. TOA Paint (Thailand) PCL's overall GF Score™ is 88/100 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 TOA Paint (Thailand) PCL (BKK:TOA-R), the current Receivables Turnover is 1.79 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 TOA Paint (Thailand) PCL (BKK:TOA-R) Overvalued in 2026?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿15.20 is trading 13.5% above its estimated GF Value™ of ฿13.39.
GuruFocus considers TOA Paint (Thailand) PCL to be Modestly Overvalued.
Key valuation signals for BKK:TOA-R:
Receivables Turnover: 1.79
GF Value™: ฿13.39 vs. price of ฿15.20 (13.5% above fair value)
Industry Position: 68.8% below the Chemicals median (#553 of 1583)
No single metric tells the full story. See the BKK:TOA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOA Paint (Thailand) PCL is principally engaged in the manufacture and distribution of paints and chemicals. Its product types are decorative coatings, wood coatings, construction chemicals, heavy-duty coatings, special paint, and hardware and power tools. The company generates a majority of its revenue from Thailand.
88GF Score
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