TTW PCL (BKK:TTW-R) Receivables Turnover: 2.67 (As of Mar. 2026)


BKK:TTW-R TTW PCL BKK:TTW-R
84 GF Score
Price ฿9.19
GF Value ฿8.76
! 2 Warning Signs
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What is TTW PCL Receivables Turnover?

TTW PCL BKK:TTW-R 84 Receivables Turnover is 2.67 as of Mar. 2026. GuruFocus rates BKK:TTW-R with a GF Score™ of 84/100 and a GF Value™ of ฿8.76. The stock has 2 warning signs investors should review. Among 497 Utilities - Regulated companies, TTW PCL ranks better than 76.46% 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. TTW PCL's Revenue for the three months ended in Mar. 2026 was ฿1,296 Mil. TTW PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿485 Mil. Hence, TTW PCL's Receivables Turnover for the three months ended in Mar. 2026 was 2.67.


TTW PCL  (BKK:TTW-R) 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.


TTW PCL Receivables Turnover Related Terms


TTW PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TTW 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.

TTW PCL Receivables Turnover Chart

TTW 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 10.91 11.13 12.08 11.06 10.98

TTW 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 2.70 2.74 2.82 2.79 2.67

BKK:TTW-R vs AWK, WTRG, AWR: Receivables Turnover Comparison

For the Utilities - Regulated Water subindustry, TTW 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.


TTW PCL Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, TTW PCL's Receivables Turnover distribution charts can be found below:

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


BKK:TTW-R
84GF Score
TTW PCL BKK:TTW-R
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TTW PCL Receivables Turnover Calculation

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

TTW 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 )
=5238.418 / ((467.862 + 486.672) / 2 )
=5238.418 / 477.267
=10.98

TTW 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 )
=1296.114 / ((486.672 + 484.213) / 2 )
=1296.114 / 485.4425
=2.67

* 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 2.67 mean?
TTW PCL (BKK:TTW-R) has a Receivables Turnover of 2.67 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 TTW PCL and its competitors. According to the industry distribution chart, TTW PCL ranks #117 out of 497 companies in the Utilities - Regulated industry, placing it in the top 23.5%.
Is TTW PCL's Receivables Turnover too high?
TTW PCL's current Receivables Turnover is 2.67. The Utilities - Regulated industry median Receivables Turnover is 6.77. TTW PCL's value of 2.67 is 60.6% below this industry median. Based on the distribution chart, TTW PCL ranks #117 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, TTW PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does TTW PCL's Receivables Turnover compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, TTW PCL ranks #117 out of 497 companies for Receivables Turnover. This places TTW PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.77. TTW PCL's value of 2.67 is 60.6% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.77, based on 497 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. TTW PCL's current Receivables Turnover of 2.67 is 60.6% 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 TTW PCL and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTW PCL's current Receivables Turnover is 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTW PCL stock overvalued right now?
TTW PCL (BKK:TTW-R) has a current Receivables Turnover of 2.67. The stock's GF Value™ is ฿8.76, compared to a current price of ฿9.19 — trading 4.9% above its estimated fair value. The current Receivables Turnover is 2.67 and 60.6% below the Utilities - Regulated industry median of 6.77. TTW PCL's overall GF Score™ is 84/100 with 2 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 TTW PCL (BKK:TTW-R), the current Receivables Turnover is 2.67 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 TTW PCL (BKK:TTW-R) Overvalued in 2026?

Based on GuruFocus' analysis, TTW PCL stock appears to be overvalued. The current stock price of ฿9.19 is trading 4.9% above its estimated GF Value™ of ฿8.76.

Key valuation signals for BKK:TTW-R:

  • Receivables Turnover: 2.67
  • GF Value™: ฿8.76 vs. price of ฿9.19 (4.9% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 60.6% below the Utilities - Regulated median (#117 of 497)

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


TTW PCL Business Description

Address Budha Monthon 5 Road, 30/130 Moo 12, Rai Khing, Sam Phran, Nakhon Pathom, THA, 73210
TTW PCL is a Thailand-based company chiefly engaged in the production and sale of treated water to its customers, the Provincial Waterworks Authority (PWA). The company supplies water to certain southern regions of Thailand that include Nakhon Pathom and Samut Sakhon. The subsidiaries of TTW PLC provide production, sale, operation, and maintenance services. The majority of the group's revenue is derived from sales of treated water to public sector agencies, while the rest is derived from private sector agencies and other sources. Geographically, the group operates only in Thailand.
84GF Score

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

฿9.19
Price
฿8.76
GF Value