TOIPF (Thai Oil PCL) Receivables Turnover: 3.66 (As of Mar. 2026)


TOIPF Thai Oil PCL TOIPF
75 GF Score
Price $1.25
GF Value $1.10
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Thai Oil PCL Receivables Turnover?

Thai Oil PCL TOIPF 75 Receivables Turnover is 3.66 as of Mar. 2026. GuruFocus rates TOIPF with a GF Score™ of 75/100 and a GF Value™ of $1.10 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 896 Oil & Gas companies, Thai Oil PCL ranks better than 81.47% 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 Oil PCL's Revenue for the three months ended in Mar. 2026 was $3,559 Mil. Thai Oil PCL's average Accounts Receivable for the three months ended in Mar. 2026 was $973 Mil. Hence, Thai Oil PCL's Receivables Turnover for the three months ended in Mar. 2026 was 3.66.


Thai Oil PCL  (OTCPK:TOIPF) 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 Oil PCL Receivables Turnover Related Terms


Thai Oil PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Thai Oil 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.

Thai Oil PCL Receivables Turnover Chart

Thai Oil PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.87 19.08 15.29 15.72 16.03

Thai Oil PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 3.95 3.94 3.18 4.41 3.66

TOIPF vs VLO, MPC, PSX: Receivables Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, Thai Oil 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.


Thai Oil PCL Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Thai Oil PCL's Receivables Turnover distribution charts can be found below:

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


TOIPF
75GF Score
Thai Oil PCL TOIPF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Oil PCL Receivables Turnover Calculation

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

Thai Oil PCL's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=12488.87 / ((808.378 + 750.193) / 2 )
=12488.87 / 779.2855
=16.03

Thai Oil PCL'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=3558.572 / ((750.193 + 1196.631) / 2 )
=3558.572 / 973.412
=3.66

* 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 3.66 mean?
Thai Oil PCL (TOIPF) has a Receivables Turnover of 3.66 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 Oil PCL and its competitors. According to the industry distribution chart, Thai Oil PCL ranks #166 out of 896 companies in the Oil & Gas industry, placing it in the top 18.5%.
Is Thai Oil PCL's Receivables Turnover too high?
Thai Oil PCL's current Receivables Turnover is 3.66. The Oil & Gas industry median Receivables Turnover is 7.95. Thai Oil PCL's value of 3.66 is 54% below this industry median. Based on the distribution chart, Thai Oil PCL ranks #166 out of 896 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Oil PCL has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Oil PCL's Receivables Turnover compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Thai Oil PCL ranks #166 out of 896 companies for Receivables Turnover. This places Thai Oil PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.95. Thai Oil PCL's value of 3.66 is 54% 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 an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.95, based on 896 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 Oil PCL's current Receivables Turnover of 3.66 is 54% 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 Thai Oil PCL and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Oil PCL's current Receivables Turnover is 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Oil PCL (TOIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.10, compared to a current price of $1.25 — trading 13.6% above its estimated fair value. The current Receivables Turnover is 3.66 and 54% below the Oil & Gas industry median of 7.95. Thai Oil PCL's overall GF Score™ is 75/100 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 Oil PCL (TOIPF), the current Receivables Turnover is 3.66 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 Oil PCL (TOIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Oil PCL stock appears to be overvalued. The current stock price of $1.25 is trading 13.6% above its estimated GF Value™ of $1.10. GuruFocus considers Thai Oil PCL to be Modestly Overvalued.

Key valuation signals for TOIPF:

  • Receivables Turnover: 3.66
  • GF Value™: $1.10 vs. price of $1.25 (13.6% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 54% below the Oil & Gas median (#166 of 896)

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


Thai Oil PCL Business Description

Industry EnergyOil & Gas
Address Vibhavadi Rangsit Road, 555/1 Energy Complex, 11th Floor, Building A, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thai Oil PCL operates an integrated business in oil refining and petrochemicals business. The company is engaged in oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. It operates in the following reportable segments: Oil refinery, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. The majority of the company's revenue is derived from the Oil refinery segment. Geographically, it generates the maximum revenue from Thailand, followed by Indonesia and other countries.
75GF Score

Get the complete analysis for TOIPF

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

$1.25
Price
$1.10
GF Value