TBVPF (Thai Beverage) Receivables Turnover: 10.99 (As of Mar. 2026)


TBVPF Thai Beverage PLC TBVPF
60 GF Score
Price $0.34
GF Value $0.40
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thai Beverage Receivables Turnover?

Thai Beverage TBVPF 60 Receivables Turnover is 10.99 as of Mar. 2026. GuruFocus rates TBVPF with a GF Score™ of 60/100 and a GF Value™ of $0.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 210 Beverages - Alcoholic companies, Thai Beverage ranks better than 77.14% 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. Thai Beverage's Revenue for the six months ended in Mar. 2026 was $5,369 Mil. Thai Beverage's average Accounts Receivable for the six months ended in Mar. 2026 was $489 Mil. Hence, Thai Beverage's Receivables Turnover for the six months ended in Mar. 2026 was 10.99.


Thai Beverage  (OTCPK:TBVPF) 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.


Thai Beverage Receivables Turnover Related Terms


Thai Beverage Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Thai Beverage'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.

Thai Beverage Receivables Turnover Chart

Thai Beverage Annual Data
Trend Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.75 53.03 36.82 26.31 25.11

Thai Beverage Semi-Annual Data
Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 17.13 16.20 11.73 10.70 10.99

TBVPF vs BF.B: Receivables Turnover Comparison

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.


Thai Beverage Receivables Turnover vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Receivables Turnover distribution charts can be found below:

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


TBVPF
60GF Score
Thai Beverage PLC TBVPF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Beverage Receivables Turnover Calculation

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

Thai Beverage's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=10426.826 / ((408.492 + 421.971) / 2 )
=10426.826 / 415.2315
=25.11

Thai Beverage's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=5369.012 / ((421.971 + 555.378) / 2 )
=5369.012 / 488.6745
=10.99

* 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 10.99 mean?
Thai Beverage (TBVPF) has a Receivables Turnover of 10.99 as of Mar. 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 Thai Beverage and its competitors. According to the industry distribution chart, Thai Beverage ranks #48 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 22.9%.
Is Thai Beverage's Receivables Turnover too high?
Thai Beverage's current Receivables Turnover is 10.99. The Beverages - Alcoholic industry median Receivables Turnover is 7.84. Thai Beverage's value of 10.99 is 40.2% above this industry median. Based on the distribution chart, Thai Beverage ranks #48 out of 210 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Beverage has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Beverage's Receivables Turnover compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Thai Beverage ranks #48 out of 210 companies for Receivables Turnover. This places Thai Beverage in the top 23% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.84. Thai Beverage's value of 10.99 is 40.2% above 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 Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 7.84, based on 210 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. Thai Beverage's current Receivables Turnover of 10.99 is 40.2% above 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 Thai Beverage and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Beverage's current Receivables Turnover is 10.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Beverage stock overvalued right now?
Based on GuruFocus' analysis, Thai Beverage (TBVPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.40, compared to a current price of $0.34 — trading 16.1% below its estimated fair value. The current Receivables Turnover is 10.99 and 40.2% above the Beverages - Alcoholic industry median of 7.84. Thai Beverage's overall GF Score™ is 60/100 with 3 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 Thai Beverage (TBVPF), the current Receivables Turnover is 10.99 as of Mar. 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 Thai Beverage (TBVPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Beverage stock appears to be undervalued. The current stock price of $0.34 is trading 16.1% below its estimated GF Value™ of $0.40. GuruFocus considers Thai Beverage to be Modestly Undervalued.

Key valuation signals for TBVPF:

  • Receivables Turnover: 10.99
  • GF Value™: $0.40 vs. price of $0.34 (16.1% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 40.2% above the Beverages - Alcoholic median (#48 of 210)

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


Thai Beverage Business Description

Other Exchanges Y92:SingaporeT6W:Germany
Address 14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segments include Spirits; production and sales of branded spirits products and soda. Beer: production and sales of raw materials, branded beer products, Chang soda and Chang water. Non-alcoholic beverages: production and sales of branded water, ready-to-drink coffee, energy drink, green tea, fruit flavored drinks and dairy products. Food: restaurants and distribution of food and beverages; and Others: publishing and printing. Key revenue is generated from Beer. It operates in Thailand, which generates the majority of revenue, Vietnam, Malaysia, Myanmar, Singapore and others.
60GF Score

Get the complete analysis for TBVPF

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

$0.34
Price
$0.40
GF Value