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. Thoresen Thai Agencies PCL's Revenue for the
three
months ended in Mar. 2026 was $188.7 Mil. Thoresen Thai Agencies PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was $150.3 Mil.
Hence, Thoresen Thai Agencies PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.26.
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.
Thoresen Thai Agencies PCL Receivables Turnover Related Terms
Thoresen Thai Agencies PCL Receivables Turnover Historical Data
* 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.
THAFF vs HON, MMM: Receivables Turnover Comparison
For the Conglomerates subindustry, Thoresen Thai Agencies 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.
Thoresen Thai Agencies PCL Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thoresen Thai Agencies PCL's Receivables Turnover falls into.
* 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.
Thoresen Thai Agencies PCL (THAFF) has a Receivables Turnover of 1.26 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 Thoresen Thai Agencies PCL and its competitors. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #264 out of 542 companies in the Conglomerates industry, placing it in the top 48.7%.
Is Thoresen Thai Agencies PCL's Receivables Turnover too high?
Thoresen Thai Agencies PCL's current Receivables Turnover is 1.26. The Conglomerates industry median Receivables Turnover is 6.31. Thoresen Thai Agencies PCL's value of 1.26 is 80% below this industry median. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #264 out of 542 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's Receivables Turnover compare to HON and MMM?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #264 out of 542 companies for Receivables Turnover. This puts Thoresen Thai Agencies PCL in the upper half of its industry. The industry median Receivables Turnover is 6.31. Thoresen Thai Agencies PCL's value of 1.26 is 80% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.31, based on 542 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. Thoresen Thai Agencies PCL's current Receivables Turnover of 1.26 is 80% 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 Thoresen Thai Agencies PCL and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current Receivables Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current Receivables Turnover of 1.26. The stock's GF Value™ is $0.23, compared to a current price of $0.20 — trading 13% below its estimated fair value. The current Receivables Turnover is 1.26 and 80% below the Conglomerates industry median of 6.31. Thoresen Thai Agencies PCL's overall GF Score™ is 83/100 with 6 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 Thoresen Thai Agencies PCL (THAFF), the current Receivables Turnover is 1.26 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued.
The current stock price of $0.20 is trading 13% below its estimated GF Value™ of $0.23.
Key valuation signals for THAFF:
Receivables Turnover: 1.26
GF Value™: $0.23 vs. price of $0.20 (13% below fair value)
Industry Position: 80% below the Conglomerates median (#264 of 542)
No single metric tells the full story. See the THAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
83GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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