WHA PCL (BKK:WHA-R) Receivables Turnover: 3.09 (As of Mar. 2026)


BKK:WHA-R WHA Corp PCL BKK:WHA-R
81 GF Score
Price ฿4.19
GF Value ฿3.85
! 11 Warning Signs
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What is WHA PCL Receivables Turnover?

WHA PCL BKK:WHA-R 81 Receivables Turnover is 3.09 as of Mar. 2026. GuruFocus rates BKK:WHA-R with a GF Score™ of 81/100 and a GF Value™ of ฿3.85. The stock has 11 warning signs investors should review. Among 1,667 Real Estate companies, WHA PCL ranks better than 55.79% 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. WHA PCL's Revenue for the three months ended in Mar. 2026 was ฿3,166 Mil. WHA PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿1,025 Mil. Hence, WHA PCL's Receivables Turnover for the three months ended in Mar. 2026 was 3.09.


WHA PCL  (BKK:WHA-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.


WHA PCL Receivables Turnover Related Terms


WHA PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for WHA 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.

WHA PCL Receivables Turnover Chart

WHA 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 39.22 52.94 47.46 24.41 27.23

WHA 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 5.84 3.11 1.83 6.78 3.09

BKK:WHA-R vs CBRE, BEKE: Receivables Turnover Comparison

For the Real Estate Services subindustry, WHA 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.


WHA PCL Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, WHA PCL's Receivables Turnover distribution charts can be found below:

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


BKK:WHA-R
81GF Score
WHA Corp PCL BKK:WHA-R
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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WHA PCL Receivables Turnover Calculation

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

WHA 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 )
=15264.922 / ((568.477 + 552.898) / 2 )
=15264.922 / 560.6875
=27.23

WHA 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 )
=3166.162 / ((552.898 + 1496.985) / 2 )
=3166.162 / 1024.9415
=3.09

* 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 3.09 mean?
WHA PCL (BKK:WHA-R) has a Receivables Turnover of 3.09 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 WHA PCL and its competitors. According to the industry distribution chart, WHA PCL ranks #737 out of 1667 companies in the Real Estate industry, placing it in the top 44.2%.
Is WHA PCL's Receivables Turnover too high?
WHA PCL's current Receivables Turnover is 3.09. The Real Estate industry median Receivables Turnover is 10.77. WHA PCL's value of 3.09 is 71.3% below this industry median. Based on the distribution chart, WHA PCL ranks #737 out of 1667 companies in the Real Estate industry, which is above the industry midpoint. Overall, WHA PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does WHA PCL's Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, WHA PCL ranks #737 out of 1667 companies for Receivables Turnover. This puts WHA PCL in the upper half of its industry. The industry median Receivables Turnover is 10.77. WHA PCL's value of 3.09 is 71.3% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.77, based on 1,667 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. WHA PCL's current Receivables Turnover of 3.09 is 71.3% 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 WHA PCL and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA PCL's current Receivables Turnover is 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA PCL stock overvalued right now?
WHA PCL (BKK:WHA-R) has a current Receivables Turnover of 3.09. The stock's GF Value™ is ฿3.85, compared to a current price of ฿4.19 — trading 8.8% above its estimated fair value. The current Receivables Turnover is 3.09 and 71.3% below the Real Estate industry median of 10.77. WHA PCL's overall GF Score™ is 81/100 with 11 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 WHA PCL (BKK:WHA-R), the current Receivables Turnover is 3.09 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 WHA PCL (BKK:WHA-R) Overvalued in 2026?

Based on GuruFocus' analysis, WHA PCL stock appears to be overvalued. The current stock price of ฿4.19 is trading 8.8% above its estimated GF Value™ of ฿3.85.

Key valuation signals for BKK:WHA-R:

  • Receivables Turnover: 3.09
  • GF Value™: ฿3.85 vs. price of ฿4.19 (8.8% above fair value)
  • GF Score™: 81/100 with 11 warning signs
  • Industry Position: 71.3% below the Real Estate median (#737 of 1667)

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


WHA PCL Business Description

Other Exchanges WHA:Thailand
Address Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA TOWER, 23rd - 25th Floor, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments domestically: Real Estate, Power, Water, and Others; and three segments internationally: Real Estate, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of leases & services, and sales. Geographically, it operates in the domestic market and the overseas market.
81GF Score

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

฿4.19
Price
฿3.85
GF Value