Tpi Polene PCL (BKK:TPIPL) Receivables Turnover : 1.77 (As of Mar. 2025)

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What is Tpi Polene 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. Tpi Polene PCL's Revenue for the three months ended in Mar. 2025 was ฿9,595 Mil. Tpi Polene PCL's average Accounts Receivable for the three months ended in Mar. 2025 was ฿5,406 Mil. Hence, Tpi Polene PCL's Receivables Turnover for the three months ended in Mar. 2025 was 1.77.

Tpi Polene PCL Receivables Turnover Historical Data

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.

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Tpi Polene PCL Receivables Turnover Chart

Tpi Polene PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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7.49

7.31

8.35

7.78

6.70

Tpi Polene 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															1.64	1.60	1.71	1.67	1.77

Competitive Comparison of Tpi Polene PCL's Receivables Turnover

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's Receivables Turnover Distribution in the 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.

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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. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	35770.395	/ (	(5444.628	+	5231.735)	/	2 )
=	35770.395	/	5338.1815
=	6.70

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

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	9594.625	/ (	(5231.735	+	5580.455)	/	2 )
=	9594.625	/	5406.095
=	1.77

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

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Tpi Polene PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tpi Polene PCL (BKK:TPIPL) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

NVP6:Germany

Address

Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.tpipolene.co.th

Tpi Polene PCL is a manufacturer of cement and cement-related products. 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. Further, TPI Polene manufactures and distributes ammonium nitrate and nitric acid through associated companies and provides life insurance services. The company operates in the following reportable segments; Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. A 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.

Tpi Polene PCL Headlines

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