Workpoint Entertainment PCL (BKK:WORK-R) Receivables Turnover : 2.00 (As of Mar. 2025)

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What is Workpoint Entertainment PCL Receivables Turnover?

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. Workpoint Entertainment PCL's Revenue for the three months ended in Mar. 2025 was ฿509 Mil. Workpoint Entertainment PCL's average Accounts Receivable for the three months ended in Mar. 2025 was ฿254 Mil. Hence, Workpoint Entertainment PCL's Receivables Turnover for the three months ended in Mar. 2025 was 2.00.

Workpoint Entertainment PCL Receivables Turnover Historical Data

The historical data trend for Workpoint Entertainment 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.

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Workpoint Entertainment PCL Receivables Turnover Chart

Workpoint Entertainment PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.73

7.45

7.88

7.51

8.01

Workpoint Entertainment PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															2.04	2.24	2.10	2.86	2.00

Competitive Comparison of Workpoint Entertainment PCL's Receivables Turnover

For the Entertainment subindustry, Workpoint Entertainment 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.

Workpoint Entertainment PCL's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Workpoint Entertainment PCL's Receivables Turnover distribution charts can be found below:

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

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Workpoint Entertainment PCL Receivables Turnover Calculation

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

Workpoint Entertainment PCL's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	2339.782	/ (	(311.066	+	273.257)	/	2 )
=	2339.782	/	292.1615
=	8.01

Workpoint Entertainment PCL's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	509.443	/ (	(273.257	+	235.419)	/	2 )
=	509.443	/	254.338
=	2.00

Workpoint Entertainment PCL (BKK:WORK-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.

Workpoint Entertainment PCL Receivables Turnover Related Terms

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Workpoint Entertainment PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Workpoint Entertainment PCL (BKK:WORK-R) » Definitions » Receivables Turnover

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WORK:Thailand

Address

99 Moo 2, Tambon Bang Poon, Amphoe Muang Pathum Thani, Pathum thani, THA, 12000

Website

https://www.workpoint.co.th

Workpoint Entertainment PCL is a broadcast television company. The activities of the Group are digital television broadcasting and the production of television programs, animation and computer graphics, movies, concerts and plays, event marketing and sale of goods and services related to the businesses. The company has five segments which are Business of television programs, Business of movies, Business of concerts and plays, Business of event marketing and Business of sale of goods and rendering of other services. It derives majority of its revenue from Business of television programs segment.

Workpoint Entertainment PCL Headlines

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