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. Tirathai PCL's Revenue for the
three
months ended in Mar. 2026 was ฿733 Mil. Tirathai PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿727 Mil.
Hence, Tirathai PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.01.
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.
Tirathai PCL Receivables Turnover Related Terms
Tirathai PCL Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Tirathai 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:TRT-R vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Tirathai 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.
Tirathai PCL Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tirathai PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tirathai 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.
Tirathai PCL (BKK:TRT-R) has a Receivables Turnover of 1.01 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 Tirathai PCL and its competitors. According to the industry distribution chart, Tirathai PCL ranks #1855 out of 3028 companies in the Industrial Products industry, placing it in the top 61.3%.
Is Tirathai PCL's Receivables Turnover too high?
Tirathai PCL's current Receivables Turnover is 1.01. The Industrial Products industry median Receivables Turnover is 4.44. Tirathai PCL's value of 1.01 is 77.3% below this industry median. Based on the distribution chart, Tirathai PCL ranks #1855 out of 3028 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tirathai PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Tirathai PCL's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tirathai PCL ranks #1855 out of 3028 companies for Receivables Turnover. This places Tirathai PCL in the lower half of its industry. The industry median Receivables Turnover is 4.44. Tirathai PCL's value of 1.01 is 77.3% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.44, based on 3,028 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. Tirathai PCL's current Receivables Turnover of 1.01 is 77.3% 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 Tirathai PCL and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirathai PCL's current Receivables Turnover is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirathai PCL stock overvalued right now?
Tirathai PCL (BKK:TRT-R) has a current Receivables Turnover of 1.01. The stock's GF Value™ is ฿0.79, compared to a current price of ฿3.52 — trading 345.6% above its estimated fair value. The current Receivables Turnover is 1.01 and 77.3% below the Industrial Products industry median of 4.44. Tirathai PCL's overall GF Score™ is 58/100 with 7 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 Tirathai PCL (BKK:TRT-R), the current Receivables Turnover is 1.01 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 Tirathai PCL (BKK:TRT-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tirathai PCL stock appears to be overvalued.
The current stock price of ฿3.52 is trading 345.6% above its estimated GF Value™ of ฿0.79.
Key valuation signals for BKK:TRT-R:
Receivables Turnover: 1.01
GF Value™: ฿0.79 vs. price of ฿3.52 (345.6% above fair value)
Industry Position: 77.3% below the Industrial Products median (#1855 of 3028)
No single metric tells the full story. See the BKK:TRT-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing, and maintenance services of transformers and the sales of transformer equipment. In addition, it is also involved in general custom metalwork services. It offers Power transformers, Distribution transformers, and Special transformers. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.
58GF Score
Get the complete analysis for BKK:TRT-R
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TRT-R has been successfully added to your 
