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. VGI PCL's Revenue for the
three
months ended in Mar. 2026 was ฿1,047 Mil. VGI PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿257 Mil.
Hence, VGI PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.08.
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.
VGI PCL Receivables Turnover Related Terms
VGI PCL Receivables Turnover Historical Data
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The historical data trend for VGI 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:VGI-R vs HON, MMM: Receivables Turnover Comparison
For the Conglomerates subindustry, VGI 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.
VGI PCL Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, VGI PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where VGI 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.
VGI PCL (BKK:VGI-R) has a Receivables Turnover of 4.08 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 VGI PCL and its competitors. According to the industry distribution chart, VGI PCL ranks #114 out of 540 companies in the Conglomerates industry, placing it in the top 21.1%.
Is VGI PCL's Receivables Turnover too high?
VGI PCL's current Receivables Turnover is 4.08. The Conglomerates industry median Receivables Turnover is 6.33. VGI PCL's value of 4.08 is 35.5% below this industry median. Based on the distribution chart, VGI PCL ranks #114 out of 540 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, VGI PCL has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does VGI PCL's Receivables Turnover compare to HON and MMM?
According to the Conglomerates industry distribution chart, VGI PCL ranks #114 out of 540 companies for Receivables Turnover. This places VGI PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.33. VGI PCL's value of 4.08 is 35.5% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.33, based on 540 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. VGI PCL's current Receivables Turnover of 4.08 is 35.5% 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 VGI PCL and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VGI PCL's current Receivables Turnover is 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VGI PCL stock overvalued right now?
VGI PCL (BKK:VGI-R) has a current Receivables Turnover of 4.08. The stock's GF Value™ is ฿1.00, compared to a current price of ฿0.83 — trading 17% below its estimated fair value. The current Receivables Turnover is 4.08 and 35.5% below the Conglomerates industry median of 6.33. VGI PCL's overall GF Score™ is 62/100 with 4 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 VGI PCL (BKK:VGI-R), the current Receivables Turnover is 4.08 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 VGI PCL (BKK:VGI-R) Overvalued in 2026?
Based on GuruFocus' analysis, VGI PCL stock appears to be undervalued.
The current stock price of ฿0.83 is trading 17% below its estimated GF Value™ of ฿1.00.
Key valuation signals for BKK:VGI-R:
Receivables Turnover: 4.08
GF Value™: ฿1.00 vs. price of ฿0.83 (17% below fair value)
Industry Position: 35.5% below the Conglomerates median (#114 of 540)
No single metric tells the full story. See the BKK:VGI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VGI PCL is principally engaged in the arrangement and provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, in office buildings, and other spaces and the rental at BTS stations.is organised into business units based on the services it provides, and there are four reportable segments as follows: the Transit segment, the Digital service segment, the Distribution segment, and the Other segment. The majority of the revenue is derived from the Transit segment, which provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, on BTS Column and the rental of retail space at BTS stations. Geographically, the company operates in Thailand.
62GF Score
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