Well Graded Engineering PCL (BKK:WGE) Receivables Turnover: 2.28 (As of Mar. 2026)

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BKK:WGE Well Graded Engineering PCL BKK:WGE
55 GF Score
Price ฿0.69
GF Value ฿0.96
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Well Graded Engineering PCL Receivables Turnover?

Well Graded Engineering PCL BKK:WGE -1.43% 55 Receivables Turnover is 2.28 as of Mar. 2026. GuruFocus rates BKK:WGE with a GF Score™ of 55/100 and a GF Value™ of ฿0.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,767 Construction companies, Well Graded Engineering PCL ranks better than 86.3% 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. Well Graded Engineering PCL's Revenue for the three months ended in Mar. 2026 was ฿555 Mil. Well Graded Engineering PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿244 Mil. Hence, Well Graded Engineering PCL's Receivables Turnover for the three months ended in Mar. 2026 was 2.28.


Well Graded Engineering PCL  (BKK:WGE) 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.


Well Graded Engineering PCL Receivables Turnover Related Terms


Well Graded Engineering PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Well Graded Engineering 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.

Well Graded Engineering PCL Receivables Turnover Chart

Well Graded Engineering PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 6.09 7.63 11.04 8.24 7.45

Well Graded Engineering 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 2.26 2.88 2.76 2.55 2.28

BKK:WGE vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Well Graded Engineering 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.


Well Graded Engineering PCL Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Well Graded Engineering PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Well Graded Engineering PCL's Receivables Turnover falls into.


BKK:WGE
55GF Score
Well Graded Engineering PCL BKK:WGE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Well Graded Engineering PCL Receivables Turnover Calculation

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

Well Graded Engineering 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 )
=2579.486 / ((411.766 + 280.444) / 2 )
=2579.486 / 346.105
=7.45

Well Graded Engineering 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 )
=554.713 / ((280.444 + 206.717) / 2 )
=554.713 / 243.5805
=2.28

* 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 2.28 mean?
Well Graded Engineering PCL (BKK:WGE) has a Receivables Turnover of 2.28 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 Well Graded Engineering PCL and its competitors. According to the industry distribution chart, Well Graded Engineering PCL ranks #242 out of 1767 companies in the Construction industry, placing it in the top 13.7%.
Is Well Graded Engineering PCL's Receivables Turnover too high?
Well Graded Engineering PCL's current Receivables Turnover is 2.28. The Construction industry median Receivables Turnover is 4.81. Well Graded Engineering PCL's value of 2.28 is 52.6% below this industry median. Based on the distribution chart, Well Graded Engineering PCL ranks #242 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Well Graded Engineering PCL has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Graded Engineering PCL's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Well Graded Engineering PCL ranks #242 out of 1767 companies for Receivables Turnover. This places Well Graded Engineering PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.81. Well Graded Engineering PCL's value of 2.28 is 52.6% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.81, based on 1,767 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. Well Graded Engineering PCL's current Receivables Turnover of 2.28 is 52.6% 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 Well Graded Engineering PCL and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Well Graded Engineering PCL's current Receivables Turnover is 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Graded Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Well Graded Engineering PCL (BKK:WGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.96, compared to a current price of ฿0.69 — trading 28.1% below its estimated fair value. The current Receivables Turnover is 2.28 and 52.6% below the Construction industry median of 4.81. Well Graded Engineering PCL's overall GF Score™ is 55/100 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 Well Graded Engineering PCL (BKK:WGE), the current Receivables Turnover is 2.28 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 Well Graded Engineering PCL (BKK:WGE) Overvalued in 2026?

Based on GuruFocus' analysis, Well Graded Engineering PCL stock appears to be undervalued. The current stock price of ฿0.69 is trading 28.1% below its estimated GF Value™ of ฿0.96. GuruFocus considers Well Graded Engineering PCL to be Modestly Undervalued.

Key valuation signals for BKK:WGE:

  • Receivables Turnover: 2.28
  • GF Value™: ฿0.96 vs. price of ฿0.69 (28.1% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 52.6% below the Construction median (#242 of 1767)

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


Well Graded Engineering PCL Business Description

Address 50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120
Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High-Rise Condominiums; Low-Rise Condominiums; Office Buildings; Hospitals; Hotels; Sales Offices; Shopping Centers; and Interior Design.
55GF Score

Get the complete analysis for BKK:WGE

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

฿0.69
Price
฿0.96
GF Value