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TPCS PCLBKK:TPCS +0.50%77 Receivables Turnover is 2.29 as of Mar. 2026. GuruFocus rates BKK:TPCS with a GF Score™ of 77/100 and a GF Value™ of ฿12.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, TPCS PCL ranks better than 63.29% 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. TPCS PCL's Revenue for the
three
months ended in Mar. 2026 was ฿323 Mil. TPCS PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿141 Mil.
Hence, TPCS PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.29.
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.
TPCS PCL Receivables Turnover Related Terms
TPCS PCL Receivables Turnover Historical Data
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The historical data trend for TPCS 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.
For the Textile Manufacturing subindustry, TPCS 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.
TPCS PCL Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TPCS PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TPCS 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.
TPCS PCL (BKK:TPCS) has a Receivables Turnover of 2.29 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 TPCS PCL and its competitors. According to the industry distribution chart, TPCS PCL ranks #380 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.7%.
Is TPCS PCL's Receivables Turnover too high?
TPCS PCL's current Receivables Turnover is 2.29. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. TPCS PCL's value of 2.29 is 66.8% below this industry median. Based on the distribution chart, TPCS PCL ranks #380 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, TPCS PCL has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPCS PCL's Receivables Turnover compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TPCS PCL ranks #380 out of 1035 companies for Receivables Turnover. This puts TPCS PCL in the upper half of its industry. The industry median Receivables Turnover is 6.89. TPCS PCL's value of 2.29 is 66.8% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,035 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. TPCS PCL's current Receivables Turnover of 2.29 is 66.8% 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 TPCS PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPCS PCL's current Receivables Turnover is 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPCS PCL stock overvalued right now?
Based on GuruFocus' analysis, TPCS PCL (BKK:TPCS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.09, compared to a current price of ฿10.00 — trading 17.3% below its estimated fair value. The current Receivables Turnover is 2.29 and 66.8% below the Manufacturing - Apparel & Accessories industry median of 6.89. TPCS PCL's overall GF Score™ is 77/100 with 3 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 TPCS PCL (BKK:TPCS), the current Receivables Turnover is 2.29 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 TPCS PCL (BKK:TPCS) Overvalued in 2026?
Based on GuruFocus' analysis, TPCS PCL stock appears to be undervalued.
The current stock price of ฿10.00 is trading 17.3% below its estimated GF Value™ of ฿12.09.
GuruFocus considers TPCS PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPCS:
Receivables Turnover: 2.29
GF Value™: ฿12.09 vs. price of ฿10.00 (17.3% below fair value)
Industry Position: 66.8% below the Manufacturing - Apparel & Accessories median (#380 of 1035)
No single metric tells the full story. See the BKK:TPCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPCS PCL is engaged in the business of manufacturing and distribution of non-woven fabric, products made of non-woven fabric such as automotive parts, air filters, face masks, household products, raw materials of industrial textiles, and outsourcing. Its includes two operating segments: Products for industries, which generate maximum revenue, and Products for sanitation and household and others. Geographically, the company derives a majority of its revenue from the domestic market and also engages in exporting its products to Asia and Africa.
77GF Score
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