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Thai Parcels PCLBKK:TPL 31 Receivables Turnover is 2.24 as of Mar. 2026. GuruFocus rates BKK:TPL with a GF Score™ of 31/100 and a GF Value™ of ฿0.74 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,000 Transportation companies, Thai Parcels PCL ranks better than 64.3% 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. Thai Parcels PCL's Revenue for the
three
months ended in Mar. 2026 was ฿346.0 Mil. Thai Parcels PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿154.7 Mil.
Hence, Thai Parcels PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.24.
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 Parcels PCL Receivables Turnover Related Terms
Thai Parcels PCL Receivables Turnover Historical Data
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The historical data trend for Thai Parcels 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.
BKK:TPL vs UPS, FDX, JBHT: Receivables Turnover Comparison
For the Integrated Freight & Logistics subindustry, Thai Parcels 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 Parcels PCL Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Thai Parcels PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thai Parcels 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.
Thai Parcels PCL (BKK:TPL) has a Receivables Turnover of 2.24 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 Thai Parcels PCL and its competitors. According to the industry distribution chart, Thai Parcels PCL ranks #357 out of 1000 companies in the Transportation industry, placing it in the top 35.7%.
Is Thai Parcels PCL's Receivables Turnover too high?
Thai Parcels PCL's current Receivables Turnover is 2.24. The Transportation industry median Receivables Turnover is 7.74. Thai Parcels PCL's value of 2.24 is 71% below this industry median. Based on the distribution chart, Thai Parcels PCL ranks #357 out of 1000 companies in the Transportation industry, which is above the industry midpoint. Overall, Thai Parcels PCL has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Parcels PCL's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, Thai Parcels PCL ranks #357 out of 1000 companies for Receivables Turnover. This puts Thai Parcels PCL in the upper half of its industry. The industry median Receivables Turnover is 7.74. Thai Parcels PCL's value of 2.24 is 71% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 1,000 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. Thai Parcels PCL's current Receivables Turnover of 2.24 is 71% 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 Thai Parcels PCL and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Parcels PCL's current Receivables Turnover is 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Parcels PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Parcels PCL (BKK:TPL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.74, compared to a current price of ฿0.51 — trading 31.1% below its estimated fair value. The current Receivables Turnover is 2.24 and 71% below the Transportation industry median of 7.74. Thai Parcels PCL's overall GF Score™ is 31/100 with 5 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 Thai Parcels PCL (BKK:TPL), the current Receivables Turnover is 2.24 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 Thai Parcels PCL (BKK:TPL) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Parcels PCL stock appears to be undervalued.
The current stock price of ฿0.51 is trading 31.1% below its estimated GF Value™ of ฿0.74.
GuruFocus considers Thai Parcels PCL to be Possible Value Trap.
Key valuation signals for BKK:TPL:
Receivables Turnover: 2.24
GF Value™: ฿0.74 vs. price of ฿0.51 (31.1% below fair value)
Industry Position: 71% below the Transportation median (#357 of 1000)
No single metric tells the full story. See the BKK:TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Parcels PCL is engaged in the provision of freight transportation, cargo handling, and warehousing services. The Group also provides various forms of passenger transportation services catering to both industrial and tourism sectors. Its segments include the core business of transportation and handling services for goods, as well as warehousing, which generates the maximum revenue. In addition, the Company provides various types of non-scheduled passenger transportation services specifically focused on the tourism sector, as well as non-scheduled passenger transportation services that cater exclusively to the industrial sector. The Company operates in Thailand only.
31GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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