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Land and Houses PCL (Land and Houses PCL) Receivables Turnover : 17.06 (As of Mar. 2024)


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What is Land and Houses 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. Land and Houses PCL's Revenue for the three months ended in Mar. 2024 was $189.37 Mil. Land and Houses PCL's average Accounts Receivable for the three months ended in Mar. 2024 was $11.10 Mil. Hence, Land and Houses PCL's Receivables Turnover for the three months ended in Mar. 2024 was 17.06.


Land and Houses PCL Receivables Turnover Historical Data

The historical data trend for Land and Houses 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.

Land and Houses PCL Receivables Turnover Chart

Land and Houses PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 222.35 254.06 309.17 272.54 95.22

Land and Houses PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.42 32.40 24.98 20.57 17.06

Competitive Comparison of Land and Houses PCL's Receivables Turnover

For the Real Estate - Development subindustry, Land and Houses 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.


Land and Houses PCL's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where Land and Houses PCL's Receivables Turnover falls into.



Land and Houses PCL Receivables Turnover Calculation

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

Land and Houses 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 )
=779.282 / ((4.891 + 11.477) / 2 )
=779.282 / 8.184
=95.22

Land and Houses PCL's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=189.373 / ((11.477 + 10.722) / 2 )
=189.373 / 11.0995
=17.06

* 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.


Land and Houses PCL  (OTCPK:LHSPY) 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.


Land and Houses PCL Receivables Turnover Related Terms

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Land and Houses PCL (Land and Houses PCL) Business Description

Traded in Other Exchanges
Address
No. 1, South Sathon Road, 37-38 Floor, Q. House Lumpini Building, Kwaeng Tungmahamek, Khet Sathon, Bangkok, THA, 10120
Land and Houses PCL is a residential property development company in Thailand. The company focuses on developing single-detached houses. It also develops townhouses and condominiums. The company develops property in Bangkok and major provinces such as Chiang Mai, Chiang Rai, Khon Kaen, Nakhon Ratchasima, Udon Thani, Hua Hin, Phuket, Maha Sarakham, and Ayutthaya. Geographically, the business activities of the group are seen in Thailand and the USA, of which the Thailand region accounts for the majority of revenue.

Land and Houses PCL (Land and Houses PCL) Headlines

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