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Zen Group PCL (BKK:ZEN) Receivables Turnover : 9.13 (As of Jun. 2024)


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What is Zen Group 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. Zen Group PCL's Revenue for the three months ended in Jun. 2024 was ฿1,012 Mil. Zen Group PCL's average Accounts Receivable for the three months ended in Jun. 2024 was ฿111 Mil. Hence, Zen Group PCL's Receivables Turnover for the three months ended in Jun. 2024 was 9.13.


Zen Group PCL Receivables Turnover Historical Data

The historical data trend for Zen Group 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.

* Premium members only.

Zen Group PCL Receivables Turnover Chart

Zen Group PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 42.95 25.61 33.18 45.36 38.57

Zen Group PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 11.40 9.12 9.33 9.36 9.13

Competitive Comparison of Zen Group PCL's Receivables Turnover

For the Restaurants subindustry, Zen Group 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.


Zen Group PCL's Receivables Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Zen Group PCL's Receivables Turnover distribution charts can be found below:

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



Zen Group PCL Receivables Turnover Calculation

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

Zen Group PCL's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=3914.991 / ((87.892 + 115.097) / 2 )
=3914.991 / 101.4945
=38.57

Zen Group PCL's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=1012.096 / ((101.749 + 120.007) / 2 )
=1012.096 / 110.878
=9.13

* 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.


Zen Group PCL  (BKK:ZEN) 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.


Zen Group PCL Receivables Turnover Related Terms

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Zen Group PCL Business Description

Traded in Other Exchanges
N/A
Address
662 Soi On Nut 17, Kwang Suanluang, Khet Suanluang, Bangkok, THA, 10250
Zen Corp Group PCL is engaged in providing management services to its subsidiaries and restaurants. It offers Japanese food, ranging from premium sushi and Yakiniku restaurants to contemporary Japanese cafes. The company operates ZEN Japanese Restaurant, Musha, AKA, On the Table, and Sushi Cyu. The company operates in only one segment which is the Food business. the majority of the revenue is generated from the sales of food and beverages in Thailand.