Thai Textile Industry PCL (BKK:TTI) Receivables Turnover: 2.51 (As of Mar. 2026)

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BKK:TTI Thai Textile Industry PCL BKK:TTI
59 GF Score
Price ฿25.25
GF Value ฿20.08
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Thai Textile Industry PCL Receivables Turnover?

Thai Textile Industry PCL BKK:TTI -3.81% 59 Receivables Turnover is 2.51 as of Mar. 2026. GuruFocus rates BKK:TTI with a GF Score™ of 59/100 and a GF Value™ of ฿20.08 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,035 Manufacturing - Apparel & Accessories companies, Thai Textile Industry PCL ranks better than 65.41% 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 Textile Industry PCL's Revenue for the three months ended in Mar. 2026 was ฿385 Mil. Thai Textile Industry PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿153 Mil. Hence, Thai Textile Industry PCL's Receivables Turnover for the three months ended in Mar. 2026 was 2.51.


Thai Textile Industry PCL  (BKK:TTI) 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.


Thai Textile Industry PCL Receivables Turnover Related Terms


Thai Textile Industry PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Thai Textile Industry 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.

Thai Textile Industry PCL Receivables Turnover Chart

Thai Textile Industry 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 11.82 10.77 8.69 9.79 9.54

Thai Textile Industry 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 2.39 2.38 2.23 2.11 2.51

BKK:TTI vs AIN: Receivables Turnover Comparison

For the Textile Manufacturing subindustry, Thai Textile Industry 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 Textile Industry PCL Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Textile Industry PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Thai Textile Industry PCL's Receivables Turnover falls into.


BKK:TTI
59GF Score
Thai Textile Industry PCL BKK:TTI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Textile Industry PCL Receivables Turnover Calculation

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

Thai Textile Industry 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 )
=1611.16 / ((179.135 + 158.528) / 2 )
=1611.16 / 168.8315
=9.54

Thai Textile Industry 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 )
=384.847 / ((158.528 + 147.991) / 2 )
=384.847 / 153.2595
=2.51

* 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 2.51 mean?
Thai Textile Industry PCL (BKK:TTI) has a Receivables Turnover of 2.51 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 Textile Industry PCL and its competitors. According to the industry distribution chart, Thai Textile Industry PCL ranks #358 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 34.6%.
Is Thai Textile Industry PCL's Receivables Turnover too high?
Thai Textile Industry PCL's current Receivables Turnover is 2.51. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Thai Textile Industry PCL's value of 2.51 is 63.6% below this industry median. Based on the distribution chart, Thai Textile Industry PCL ranks #358 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Thai Textile Industry PCL has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Textile Industry PCL's Receivables Turnover compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thai Textile Industry PCL ranks #358 out of 1035 companies for Receivables Turnover. This puts Thai Textile Industry PCL in the upper half of its industry. The industry median Receivables Turnover is 6.89. Thai Textile Industry PCL's value of 2.51 is 63.6% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,035 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 Textile Industry PCL's current Receivables Turnover of 2.51 is 63.6% 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 Textile Industry PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Textile Industry PCL's current Receivables Turnover is 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Textile Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Textile Industry PCL (BKK:TTI) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿20.08, compared to a current price of ฿25.25 — trading 25.7% above its estimated fair value. The current Receivables Turnover is 2.51 and 63.6% below the Manufacturing - Apparel & Accessories industry median of 6.89. Thai Textile Industry PCL's overall GF Score™ is 59/100 with 3 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 Textile Industry PCL (BKK:TTI), the current Receivables Turnover is 2.51 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 Textile Industry PCL (BKK:TTI) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Textile Industry PCL stock appears to be overvalued. The current stock price of ฿25.25 is trading 25.7% above its estimated GF Value™ of ฿20.08. GuruFocus considers Thai Textile Industry PCL to be Modestly Overvalued.

Key valuation signals for BKK:TTI:

  • Receivables Turnover: 2.51
  • GF Value™: ฿20.08 vs. price of ฿25.25 (25.7% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 63.6% below the Manufacturing - Apparel & Accessories median (#358 of 1035)

No single metric tells the full story. See the BKK:TTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Textile Industry PCL Business Description

Address Sukhumvit Road, 385 Moo 1, Soi Bang Make Khao, Taiban, Samutprakarn, Samutprakarn, THA, 10280
Thai Textile Industry PCL is engaged in the business of manufacturing, service render and distributing yarns, apparels and fabrics. The operations of the group involve the single industry segment of manufacturing and distributing yarns, apparel and fabrics. The group operates in single geographical area, in Thailand.
59GF Score

Get the complete analysis for BKK:TTI

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿25.25
Price
฿20.08
GF Value