Leo Global Logistics PCL (BKK:LEO-R) Receivables Turnover : 1.33 (As of Dec. 2023)

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What is Leo Global Logistics 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. Leo Global Logistics PCL's Revenue for the three months ended in Dec. 2023 was ฿360 Mil. Leo Global Logistics PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿272 Mil. Hence, Leo Global Logistics PCL's Receivables Turnover for the three months ended in Dec. 2023 was 1.33.

Leo Global Logistics PCL Receivables Turnover Historical Data

The historical data trend for Leo Global Logistics 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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Leo Global Logistics PCL Receivables Turnover Chart

Leo Global Logistics PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.63

5.93

7.92

9.66

4.68

Leo Global Logistics PCL Quarterly Data
	Dec17	Dec18	Jun19	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															1.14	1.18	1.39	1.25	1.33

Competitive Comparison of Leo Global Logistics PCL's Receivables Turnover

For the Integrated Freight & Logistics subindustry, Leo Global Logistics 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.

Leo Global Logistics PCL's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Leo Global Logistics PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Leo Global Logistics PCL's Receivables Turnover falls into.

Leo Global Logistics PCL Receivables Turnover Calculation

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

Leo Global Logistics 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 )
=	1361.919	/ (	(308.231	+	273.529)	/	2 )
=	1361.919	/	290.88
=	4.68

Leo Global Logistics 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 )
=	360.487	/ (	(269.737	+	273.529)	/	2 )
=	360.487	/	271.633
=	1.33

Leo Global Logistics PCL (BKK:LEO-R) 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.

Leo Global Logistics PCL Receivables Turnover Related Terms

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Leo Global Logistics PCL (BKK:LEO-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Leo Global Logistics PCL (BKK:LEO-R) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

LEO:Thailand

Address

Rama 3 Road, 251-251 / 1 Soi Pakdee, Bangkorlaem Sub-district, Bangkorlaem District, Bangkok, THA, 10120

Website

https://www.leogloballogistics.com

Leo Global Logistics PCL is engaged in the provision of international freight forwarding and integrated logistics. The company's services include Sea freight service, Air freight, Multimodal transportation service, Warehouse and distribution management service, Project and cargo service, cross border transport and Other services. Its segments include Sea freight, Air freight, Integrated logistic services and Storage rental and container depot. The prime revenue is derived from the Sea freight segment.

Leo Global Logistics PCL (BKK:LEO-R) Headlines

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