Airports Of Thailand (Airports Of Thailand) Receivables Turnover : 1.21 (As of Dec. 2023)

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What is Airports Of Thailand 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. Airports Of Thailand's Revenue for the three months ended in Dec. 2023 was $449 Mil. Airports Of Thailand's average Accounts Receivable for the three months ended in Dec. 2023 was $370 Mil. Hence, Airports Of Thailand's Receivables Turnover for the three months ended in Dec. 2023 was 1.21.

Airports Of Thailand Receivables Turnover Historical Data

The historical data trend for Airports Of Thailand'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.

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Airports Of Thailand Receivables Turnover Chart

Airports Of Thailand Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

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18.85

9.03

2.01

4.22

6.08

Airports Of Thailand Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.27	2.05	1.53	1.35	1.21

Competitive Comparison of Airports Of Thailand's Receivables Turnover

For the Airports & Air Services subindustry, Airports Of Thailand'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.

Airports Of Thailand's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Airports Of Thailand's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Airports Of Thailand's Receivables Turnover falls into.

Airports Of Thailand Receivables Turnover Calculation

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

Airports Of Thailand's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	1341.533	/ (	(102.109	+	339.523)	/	2 )
=	1341.533	/	220.816
=	6.08

Airports Of Thailand's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	449.033	/ (	(339.523	+	400.223)	/	2 )
=	449.033	/	369.873
=	1.21

Airports Of Thailand (OTCPK:APTPF) 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.

Airports Of Thailand Receivables Turnover Related Terms

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Airports Of Thailand (Airports Of Thailand) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Airports Of Thailand PLC (OTCPK:APTPF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

AIPUY:USA AIPUF:USA AOT-F:Thailand AOT:Thailand TATD:Singapore NYVQ:Germany

Address

No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210

Website

https://www.airportthai.co.th

Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

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