Tpi Polene PCL (BKK:TPIPL) Receivables Turnover: 1.94 (As of Mar. 2026)

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BKK:TPIPL Tpi Polene PCL BKK:TPIPL
68 GF Score
Price ฿0.81
GF Value ฿1.13
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Tpi Polene PCL Receivables Turnover?

Tpi Polene PCL BKK:TPIPL 68 Receivables Turnover is 1.94 as of Mar. 2026. GuruFocus rates BKK:TPIPL with a GF Score™ of 68/100 and a GF Value™ of ฿1.13 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 404 Building Materials companies, Tpi Polene PCL ranks better than 54.7% 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. Tpi Polene PCL's Revenue for the three months ended in Mar. 2026 was ฿9,620 Mil. Tpi Polene PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿4,960 Mil. Hence, Tpi Polene PCL's Receivables Turnover for the three months ended in Mar. 2026 was 1.94.


Tpi Polene PCL  (BKK:TPIPL) 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.


Tpi Polene PCL Receivables Turnover Related Terms


Tpi Polene PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tpi Polene 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.

Tpi Polene PCL Receivables Turnover Chart

Tpi Polene 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 7.31 8.35 7.78 6.70 7.01

Tpi Polene PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.77 1.69 1.71 1.76 1.94

BKK:TPIPL vs CRH, VMC, MLM: Receivables Turnover Comparison

For the Building Materials subindustry, Tpi Polene 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.


Tpi Polene PCL Receivables Turnover vs Building Materials Industry

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

* The bar in red indicates where Tpi Polene PCL's Receivables Turnover falls into.


BKK:TPIPL
68GF Score
Tpi Polene PCL BKK:TPIPL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tpi Polene PCL Receivables Turnover Calculation

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

Tpi Polene 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 )
=34628.287 / ((5231.735 + 4649.294) / 2 )
=34628.287 / 4940.5145
=7.01

Tpi Polene PCL's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=9619.901 / ((4649.294 + 5270.032) / 2 )
=9619.901 / 4959.663
=1.94

* 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 1.94 mean?
Tpi Polene PCL (BKK:TPIPL) has a Receivables Turnover of 1.94 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 Tpi Polene PCL and its competitors. According to the industry distribution chart, Tpi Polene PCL ranks #183 out of 404 companies in the Building Materials industry, placing it in the top 45.3%.
Is Tpi Polene PCL's Receivables Turnover too high?
Tpi Polene PCL's current Receivables Turnover is 1.94. The Building Materials industry median Receivables Turnover is 6.36. Tpi Polene PCL's value of 1.94 is 69.5% below this industry median. Based on the distribution chart, Tpi Polene PCL ranks #183 out of 404 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tpi Polene PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tpi Polene PCL ranks #183 out of 404 companies for Receivables Turnover. This puts Tpi Polene PCL in the upper half of its industry. The industry median Receivables Turnover is 6.36. Tpi Polene PCL's value of 1.94 is 69.5% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.36, based on 404 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. Tpi Polene PCL's current Receivables Turnover of 1.94 is 69.5% 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 Tpi Polene PCL and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tpi Polene PCL's current Receivables Turnover is 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.13, compared to a current price of ฿0.81 — trading 28.3% below its estimated fair value. The current Receivables Turnover is 1.94 and 69.5% below the Building Materials industry median of 6.36. Tpi Polene PCL's overall GF Score™ is 68/100 with 11 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 Tpi Polene PCL (BKK:TPIPL), the current Receivables Turnover is 1.94 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued. The current stock price of ฿0.81 is trading 28.3% below its estimated GF Value™ of ฿1.13. GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPIPL:

  • Receivables Turnover: 1.94
  • GF Value™: ฿1.13 vs. price of ฿0.81 (28.3% below fair value)
  • GF Score™: 68/100 with 11 warning signs
  • Industry Position: 69.5% below the Building Materials median (#183 of 404)

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


Tpi Polene PCL Business Description

Other Exchanges NVP6:Germany
Address Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
68GF Score

Get the complete analysis for BKK:TPIPL

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

฿0.81
Price
฿1.13
GF Value