TTCL PCL (BKK:TTCL) Receivables Turnover: 1.78 (As of Mar. 2026)

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What is TTCL PCL Receivables Turnover?

TTCL PCL BKK:TTCL Receivables Turnover is 1.78 as of Mar. 2026. The stock has 6 warning signs investors should review.

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. TTCL PCL's Revenue for the three months ended in Mar. 2026 was ฿1,267 Mil. TTCL PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿712 Mil. Hence, TTCL PCL's Receivables Turnover for the three months ended in Mar. 2026 was 1.78.


TTCL PCL  (BKK:TTCL) 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.


TTCL PCL Receivables Turnover Related Terms


TTCL PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TTCL 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.

TTCL PCL Receivables Turnover Chart

TTCL 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 3.14 6.01 9.88 8.70 4.76

TTCL 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 1.25 1.37 2.20 1.70 1.78

BKK:TTCL vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, TTCL 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.


TTCL PCL Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, TTCL PCL's Receivables Turnover distribution charts can be found below:

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



TTCL PCL Receivables Turnover Calculation

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

TTCL 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 )
=7200.882 / ((2226.312 + 798.054) / 2 )
=7200.882 / 1512.183
=4.76

TTCL 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 )
=1267.122 / ((798.054 + 625.268) / 2 )
=1267.122 / 711.661
=1.78

* 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 1.78 mean?
TTCL PCL (BKK:TTCL) has a Receivables Turnover of 1.78 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 TTCL PCL and its competitors.
Is TTCL PCL's Receivables Turnover too high?
TTCL PCL's current Receivables Turnover is 1.78. The Construction industry median Receivables Turnover is 4.80. TTCL PCL's value of 1.78 is 62.9% below this industry median.
How does TTCL PCL's Receivables Turnover compare to PWR and FIX?
TTCL PCL's Receivables Turnover of 1.78 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.80. TTCL PCL's value of 1.78 is 62.9% 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 4.80, based on 1,768 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. TTCL PCL's current Receivables Turnover of 1.78 is 62.9% 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 TTCL PCL and its competitors. For the Construction industry, the median Receivables Turnover is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTCL PCL's current Receivables Turnover is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTCL PCL stock overvalued right now?
TTCL PCL (BKK:TTCL) has a current Receivables Turnover of 1.78. The stock's GF Value™ is ฿0.75, compared to a current price of ฿0.08 — trading 89.3% below its estimated fair value. The current Receivables Turnover is 1.78 and 62.9% below the Construction industry median of 4.80. 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 TTCL PCL (BKK:TTCL), the current Receivables Turnover is 1.78 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.

TTCL PCL Business Description

Address Soi Sukhumvit 21, Asoke Road, 159 Sermmit Tower, 27th-30th Floor, Klong-Toeynua, Wattana, Bangkok, THA, 10110
TTCL PCL is an integrated Engineering, Procurement, and Construction company in Thailand. The principal business operations of the Group are engineering services, including design, procurement, and construction for integrated industrial factories, energy business, manufacturing and distribution of white pallets, and Torrefaction Technology License Provider. The company has two operating business segments: Engineering and Construction. Geographically, the company operates in Thailand, Myanmar, Japan, and Vietnam.