Karmarts PCL (BKK:KAMART) Receivables Turnover : 1.28 (As of Dec. 2023)

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What is Karmarts 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. Karmarts PCL's Revenue for the three months ended in Dec. 2023 was ฿639 Mil. Karmarts PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿500 Mil. Hence, Karmarts PCL's Receivables Turnover for the three months ended in Dec. 2023 was 1.28.

Karmarts PCL Receivables Turnover Historical Data

The historical data trend for Karmarts 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.

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Karmarts PCL Receivables Turnover Chart

Karmarts PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.13

3.67

4.02

5.12

5.37

Karmarts PCL 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															1.30	1.36	1.30	1.33	1.28

Competitive Comparison of Karmarts PCL's Receivables Turnover

For the Household & Personal Products subindustry, Karmarts 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.

Karmarts PCL's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Karmarts PCL's Receivables Turnover distribution charts can be found below:

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

Karmarts PCL Receivables Turnover Calculation

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

Karmarts 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 )
=	2423.678	/ (	(409.647	+	492.466)	/	2 )
=	2423.678	/	451.0565
=	5.37

Karmarts PCL'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 )
=	638.748	/ (	(508.242	+	492.466)	/	2 )
=	638.748	/	500.354
=	1.28

Karmarts PCL (BKK:KAMART) 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.

Karmarts PCL Receivables Turnover Related Terms

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Karmarts PCL (BKK:KAMART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Karmarts PCL (BKK:KAMART) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phetchakasem Road, 81-81/1 Soi Phetchakasem 54 sub 3, Bangduan, Phasicharoen, Bangkok, THA, 10160

Website

https://www.karmarts.co.th

Karmarts PCL is engaged in the manufacture and distribution of cosmetics and consumer products, and the provision of warehouse rental and warehouse services. The company operates in three segments: Manufacture and distribution of consumer products, Warehouse rental and Investment properties and distribution of by-products and agriculture segment. A majority of the firm's revenue is generated through the Manufacture and Distribution of Consumer Products segment. The group's operations are mainly located in Thailand. Some of the company's brands are Bergamo, Oppa style, Cathy doll and Jejuvita.

Karmarts PCL (BKK:KAMART) Headlines

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