Wave Exponential PCL (BKK:WAVE) Receivables Turnover: 11.07 (As of Mar. 2026)

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What is Wave Exponential PCL Receivables Turnover?

Wave Exponential PCL BKK:WAVE Receivables Turnover is 11.07 as of Mar. 2026. The stock has 8 warning signs investors should review. Among 248 Education companies, Wave Exponential PCL ranks better than 81.85% 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. Wave Exponential PCL's Revenue for the three months ended in Mar. 2026 was ฿96.2 Mil. Wave Exponential PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿8.7 Mil. Hence, Wave Exponential PCL's Receivables Turnover for the three months ended in Mar. 2026 was 11.07.


Wave Exponential PCL  (BKK:WAVE) 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.


Wave Exponential PCL Receivables Turnover Related Terms


Wave Exponential PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Wave Exponential 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.

Wave Exponential PCL Receivables Turnover Chart

Wave Exponential 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 73.09 17.23 7.19 9.00 44.60

Wave Exponential 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 15.36 19.28 16.12 12.60 11.07

BKK:WAVE vs EDU, TAL, LAUR: Receivables Turnover Comparison

For the Education & Training Services subindustry, Wave Exponential 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.


Wave Exponential PCL Receivables Turnover vs Education Industry

For the Education industry and Consumer Defensive sector, Wave Exponential PCL's Receivables Turnover distribution charts can be found below:

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



Wave Exponential PCL Receivables Turnover Calculation

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

Wave Exponential 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 )
=403.972 / ((9.266 + 8.848) / 2 )
=403.972 / 9.057
=44.60

Wave Exponential 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 )
=96.196 / ((8.848 + 8.53) / 2 )
=96.196 / 8.689
=11.07

* 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 11.07 mean?
Wave Exponential PCL (BKK:WAVE) has a Receivables Turnover of 11.07 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 Wave Exponential PCL and its competitors. According to the industry distribution chart, Wave Exponential PCL ranks #45 out of 248 companies in the Education industry, placing it in the top 18.1%.
Is Wave Exponential PCL's Receivables Turnover too high?
Wave Exponential PCL's current Receivables Turnover is 11.07. The Education industry median Receivables Turnover is 11.02. Wave Exponential PCL's value of 11.07 is 0.5% above this industry median. Based on the distribution chart, Wave Exponential PCL ranks #45 out of 248 companies in the Education industry, which is in the top quartile — a strong position relative to peers.
How does Wave Exponential PCL's Receivables Turnover compare to EDU and TAL?
According to the Education industry distribution chart, Wave Exponential PCL ranks #45 out of 248 companies for Receivables Turnover. This places Wave Exponential PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 11.02. Wave Exponential PCL's value of 11.07 is 0.5% above 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 Education company?
The median Receivables Turnover among Education companies is 11.02, based on 248 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. Wave Exponential PCL's current Receivables Turnover of 11.07 is 0.5% above 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 Wave Exponential PCL and its competitors. For the Education industry, the median Receivables Turnover is 11.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Exponential PCL's current Receivables Turnover is 11.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Exponential PCL stock overvalued right now?
Based on GuruFocus' analysis, Wave Exponential PCL (BKK:WAVE) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.07, compared to a current price of ฿0.04 — trading 42.9% below its estimated fair value. The current Receivables Turnover is 11.07 and 0.5% above the Education industry median of 11.02. 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 Wave Exponential PCL (BKK:WAVE), the current Receivables Turnover is 11.07 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.

Wave Exponential PCL Business Description

Address 21 Petchaburi New Road, 2445/19 Tararom Business Tower, 14th Floor, Huai Khwang District, Bang Kapi Sub-district, Bangkok, THA, 10310
Wave Exponential PCL is principally engaged in the businesses of investment in other companies, operations of English language institutions, integrated carbon credit, and wellness health care. The company's business segments include Language institutions, Integrated carbon credit business, and Wellness health care business. The company generates the majority of its revenue from the Language Institutions segment.