WICE Logistics PCL (BKK:WICE-R) Receivables Turnover: 1.22 (As of Jun. 2026)

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BKK:WICE-R WICE Logistics PCL BKK:WICE-R
78 GF Score
Price ฿3.26
GF Value ฿4.57
Valuation Modestly Undervalued
! 5 Warning Signs
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What is WICE Logistics PCL Receivables Turnover?

WICE Logistics PCL BKK:WICE-R +44.29% 78 Receivables Turnover is 1.22 as of Jun. 2026. GuruFocus rates BKK:WICE-R with a GF Score™ of 78/100 and a GF Value™ of ฿4.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,000 Transportation companies, WICE Logistics PCL ranks worse than 76.4% 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. WICE Logistics PCL's Revenue for the three months ended in Jun. 2026 was ฿1,490 Mil. WICE Logistics PCL's average Accounts Receivable for the three months ended in Jun. 2026 was ฿1,223 Mil. Hence, WICE Logistics PCL's Receivables Turnover for the three months ended in Jun. 2026 was 1.22.


WICE Logistics PCL  (BKK:WICE-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.


WICE Logistics PCL Receivables Turnover Related Terms


WICE Logistics PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for WICE Logistics 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.

WICE Logistics PCL Receivables Turnover Chart

WICE Logistics 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 6.06 5.50 4.21 5.02 5.09

WICE Logistics PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.42 1.23 1.13 1.26 1.22

BKK:WICE-R vs UPS, FDX, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, WICE Logistics 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.


WICE Logistics PCL Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, WICE Logistics PCL's Receivables Turnover distribution charts can be found below:

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


BKK:WICE-R
78GF Score
WICE Logistics PCL BKK:WICE-R
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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WICE Logistics PCL Receivables Turnover Calculation

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

WICE Logistics 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 )
=4656.484 / ((844.283 + 986.761) / 2 )
=4656.484 / 915.522
=5.09

WICE Logistics PCL's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=1489.903 / ((1086.609 + 1358.837) / 2 )
=1489.903 / 1222.723
=1.22

* 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 1.22 mean?
WICE Logistics PCL (BKK:WICE-R) has a Receivables Turnover of 1.22 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 WICE Logistics PCL and its competitors. According to the industry distribution chart, WICE Logistics PCL ranks #764 out of 1000 companies in the Transportation industry, placing it in the top 76.4%.
Is WICE Logistics PCL's Receivables Turnover too high?
WICE Logistics PCL's current Receivables Turnover is 1.22. The Transportation industry median Receivables Turnover is 7.82. WICE Logistics PCL's value of 1.22 is 84.4% below this industry median. Based on the distribution chart, WICE Logistics PCL ranks #764 out of 1000 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, WICE Logistics PCL has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WICE Logistics PCL's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, WICE Logistics PCL ranks #764 out of 1000 companies for Receivables Turnover. This places WICE Logistics PCL in the lower half of its industry. The industry median Receivables Turnover is 7.82. WICE Logistics PCL's value of 1.22 is 84.4% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.82, based on 1,000 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. WICE Logistics PCL's current Receivables Turnover of 1.22 is 84.4% 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 WICE Logistics PCL and its competitors. For the Transportation industry, the median Receivables Turnover is 7.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WICE Logistics PCL's current Receivables Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WICE Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, WICE Logistics PCL (BKK:WICE-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.57, compared to a current price of ฿3.26 — trading 28.6% below its estimated fair value. The current Receivables Turnover is 1.22 and 84.4% below the Transportation industry median of 7.82. WICE Logistics PCL's overall GF Score™ is 78/100 with 5 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 WICE Logistics PCL (BKK:WICE-R), the current Receivables Turnover is 1.22 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 WICE Logistics PCL (BKK:WICE-R) Overvalued in 2026?

Based on GuruFocus' analysis, WICE Logistics PCL stock appears to be undervalued. The current stock price of ฿3.26 is trading 28.6% below its estimated GF Value™ of ฿4.57. GuruFocus considers WICE Logistics PCL to be Modestly Undervalued.

Key valuation signals for BKK:WICE-R:

  • Receivables Turnover: 1.22
  • GF Value™: ฿4.57 vs. price of ฿3.26 (28.6% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 84.4% below the Transportation median (#764 of 1000)

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


WICE Logistics PCL Business Description

Other Exchanges WICE:Thailand
Address 88/8 Nonsee Road, Chong-Nonsee, Yannawa, Bangkok, THA, 10120
WICE Logistics PCL is a Thailand-based company. The company is engaged in international air and sea freight forwarding, customs broker, inland transportation, cross-border transport, multimodal transport operator, warehousing service and all freight-related services for imports and exports. The company has four reportable segments were sea freight, air freight, cross-border transport services and supply chain solution. The company derives maximum profit from cross-border transport services.
78GF Score

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

฿3.26
Price
฿4.57
GF Value