Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Thai Polycons PCLBKK:TPOLY Receivables Turnover is 1.28 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,760 Construction companies, Thai Polycons PCL ranks better than 51.14% 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 Polycons PCL's Revenue for the
three
months ended in Mar. 2026 was ฿762 Mil. Thai Polycons PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿593 Mil.
Hence, Thai Polycons PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.28.
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 Polycons PCL Receivables Turnover Related Terms
Thai Polycons PCL Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Thai Polycons 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:TPOLY vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, Thai Polycons 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 Polycons PCL Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Thai Polycons PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thai Polycons 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 Polycons PCL (BKK:TPOLY) has a Receivables Turnover of 1.28 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 Polycons PCL and its competitors. According to the industry distribution chart, Thai Polycons PCL ranks #860 out of 1760 companies in the Construction industry, placing it in the top 48.9%.
Is Thai Polycons PCL's Receivables Turnover too high?
Thai Polycons PCL's current Receivables Turnover is 1.28. The Construction industry median Receivables Turnover is 4.78. Thai Polycons PCL's value of 1.28 is 73.2% below this industry median. Based on the distribution chart, Thai Polycons PCL ranks #860 out of 1760 companies in the Construction industry, which is above the industry midpoint.
How does Thai Polycons PCL's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Thai Polycons PCL ranks #860 out of 1760 companies for Receivables Turnover. This puts Thai Polycons PCL in the upper half of its industry. The industry median Receivables Turnover is 4.78. Thai Polycons PCL's value of 1.28 is 73.2% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,760 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 Polycons PCL's current Receivables Turnover of 1.28 is 73.2% 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 Polycons PCL and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Polycons PCL's current Receivables Turnover is 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Polycons PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Polycons PCL (BKK:TPOLY) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.43, compared to a current price of ฿0.10 — trading 76.7% below its estimated fair value. The current Receivables Turnover is 1.28 and 73.2% below the Construction industry median of 4.78. 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 Polycons PCL (BKK:TPOLY), the current Receivables Turnover is 1.28 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.
Thai Polycons PCL is engaged in construction contractor business. The company's segments include Construction contractor; Electricity current selling; Sale of biogas; Real estate Selling; and Sales and service. The majority of the revenue is derived from Construction contractor segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TPOLY has been successfully added to your 
