Yong Thai PCL (BKK:YCI-R) Receivables Turnover: 4.00 (As of Mar. 2021)


What is Yong Thai PCL Receivables Turnover?

Yong Thai PCL BKK:YCI-R 4 Receivables Turnover is 4.00 as of Mar. 2021. GuruFocus rates BKK:YCI-R with a GF Score™ of 4/100. The stock has 5 warning signs investors should review.

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. Yong Thai PCL's Revenue for the three months ended in Mar. 2021 was ฿7.45 Mil. Yong Thai PCL's average Accounts Receivable for the three months ended in Mar. 2021 was ฿1.86 Mil. Hence, Yong Thai PCL's Receivables Turnover for the three months ended in Mar. 2021 was 4.00.


Yong Thai PCL  (BKK:YCI-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.


Yong Thai PCL Receivables Turnover Related Terms


Yong Thai PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Yong Thai 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.

Yong Thai PCL Receivables Turnover Chart

Yong Thai PCL Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.37 6.62 6.20 6.26

Yong Thai PCL Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 3.26 5.74 4.87 2.33 4.00

BKK:YCI-R vs APD, DD, DOW: Receivables Turnover Comparison

For the Chemicals subindustry, Yong Thai 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.


Yong Thai PCL Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yong Thai PCL's Receivables Turnover distribution charts can be found below:

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



Yong Thai PCL Receivables Turnover Calculation

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

Yong Thai PCL's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=11.218 / ((3.145 + 0.437) / 2 )
=11.218 / 1.791
=6.26

Yong Thai PCL's Receivables Turnover for the quarter that ended in Mar. 2021 is calculated as

Receivables Turnover (Q: Mar. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Mar. 2021 )) / count )
=7.45 / ((1.489 + 2.232) / 2 )
=7.45 / 1.8605
=4.00

* 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 4.00 mean?
Yong Thai PCL (BKK:YCI-R) has a Receivables Turnover of 4.00 as of Mar. 2021. 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 Yong Thai PCL and its competitors.
Is Yong Thai PCL's Receivables Turnover too high?
Yong Thai PCL's current Receivables Turnover is 4.00. The Chemicals industry median Receivables Turnover is 5.55. Yong Thai PCL's value of 4.00 is 27.9% below this industry median. Overall, Yong Thai PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Yong Thai PCL's Receivables Turnover compare to APD and DD?
Yong Thai PCL's Receivables Turnover of 4.00 can be compared against companies in the Chemicals industry. The industry median Receivables Turnover is 5.55. Yong Thai PCL's value of 4.00 is 27.9% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.55, based on 1,579 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. Yong Thai PCL's current Receivables Turnover of 4.00 is 27.9% 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 Yong Thai PCL and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yong Thai PCL's current Receivables Turnover is 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Thai PCL stock overvalued right now?
Yong Thai PCL (BKK:YCI-R) has a current Receivables Turnover of 4.00. The current Receivables Turnover is 4.00 and 27.9% below the Chemicals industry median of 5.55. Yong Thai PCL's overall GF Score™ is 4/100 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 Yong Thai PCL (BKK:YCI-R), the current Receivables Turnover is 4.00 as of Mar. 2021. 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.

Yong Thai PCL Business Description

Address South Sathorn Road, No. 1 Empire Tower, 27th Floor, Room 2701-3, 2712-14, Yannawa Sub District, Sathorn District, Bangkok, THA, 10120
Yong Thai PCL is a Thailand-based company engaged in the production of industrial chemicals. It has a single reportable segment which is the Business concerning zirconium production. Its business operation is located in Thailand. The products offered by the company include Zirconium Silicate, Zircon Flour, Zircon Sand, Liquid Acid, Sulphur, and Aluminium Hydroxide.