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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. Vanachai Group PCL's Revenue for the
three
months ended in Jun. 2026 was ฿2,401 Mil. Vanachai Group PCL's average Accounts Receivable for the
three
months ended in Jun. 2026 was ฿750 Mil.
Hence, Vanachai Group PCL's Receivables Turnover for the
three
months ended in Jun. 2026 was 3.20.
Vanachai Group PCL (BKK:VNG) 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.
Vanachai Group PCL Receivables Turnover Related Terms
Vanachai Group PCL Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Vanachai Group 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:VNG vs SSD, UFPI, BCC: Receivables Turnover Comparison
For the Lumber & Wood Production subindustry, Vanachai Group 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.
Vanachai Group PCL Receivables Turnover vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vanachai Group 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.
Vanachai Group PCL (BKK:VNG) has a Receivables Turnover of 3.20 as of Jun. 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 Vanachai Group PCL and its competitors. According to the industry distribution chart, Vanachai Group PCL ranks #45 out of 281 companies in the Forest Products industry, placing it in the top 16%.
Is Vanachai Group PCL's Receivables Turnover too high?
Vanachai Group PCL's current Receivables Turnover is 3.20. The Forest Products industry median Receivables Turnover is 6.69. Vanachai Group PCL's value of 3.20 is 52.2% below this industry median. Based on the distribution chart, Vanachai Group PCL ranks #45 out of 281 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vanachai Group PCL has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vanachai Group PCL's Receivables Turnover compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Vanachai Group PCL ranks #45 out of 281 companies for Receivables Turnover. This places Vanachai Group PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.69. Vanachai Group PCL's value of 3.20 is 52.2% 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.69, based on 281 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. Vanachai Group PCL's current Receivables Turnover of 3.20 is 52.2% 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 Vanachai Group PCL and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanachai Group PCL's current Receivables Turnover is 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanachai Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Vanachai Group PCL (BKK:VNG) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.12, compared to a current price of ฿1.96 — trading 7.5% below its estimated fair value. The current Receivables Turnover is 3.20 and 52.2% below the Forest Products industry median of 6.69. Vanachai Group PCL's overall GF Score™ is 65/100 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 Vanachai Group PCL (BKK:VNG), the current Receivables Turnover is 3.20 as of Jun. 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 Vanachai Group PCL (BKK:VNG) Overvalued in 2026?
Based on GuruFocus' analysis, Vanachai Group PCL stock appears to be undervalued.
The current stock price of ฿1.96 is trading 7.5% below its estimated GF Value™ of ฿2.12.
GuruFocus considers Vanachai Group PCL to be Fairly Valued.
Key valuation signals for BKK:VNG:
Receivables Turnover: 3.20
GF Value™: ฿2.12 vs. price of ฿1.96 (7.5% below fair value)
Industry Position: 52.2% below the Forest Products median (#45 of 281)
No single metric tells the full story. See the BKK:VNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vanachai Group PCL is a Thailand-based company. The principal activities of the company and its subsidiaries involve the production and distribution of wood plates, MDF boards, Particle boards, Doorskin, and Malamine on wood plates. The company creates wood-based goods such as particleboards, medium-density fiberboards (MDF boards), Doorskin, and melamine laminated particleboards, which are distributed to both domestic and international markets. It also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.
65GF Score
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