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Power Line Engineering PCL (BKK:PLE-F) Receivables Turnover : 0.94 (As of Dec. 2023)


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Power Line Engineering PCL Receivables Turnover Definition

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. Power Line Engineering PCL's Revenue for the three months ended in Dec. 2023 was ฿2,462 Mil. Power Line Engineering PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿2,619 Mil. Hence, Power Line Engineering PCL's Receivables Turnover for the three months ended in Dec. 2023 was 0.94.


Power Line Engineering PCL Receivables Turnover Historical Data

The historical data trend for Power Line Engineering 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.

* Premium members only.

Power Line Engineering PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 5.89 6.05 5.38 3.90

Power Line Engineering 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 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 1.22 1.03 0.78 1.06 0.94

Competitive Comparison

For the Engineering & Construction subindustry, Power Line Engineering 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.


Power Line Engineering PCL Receivables Turnover Distribution

For the Construction industry and Industrials sector, Power Line Engineering PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Power Line Engineering PCL's Receivables Turnover falls into.



Power Line Engineering PCL Receivables Turnover Calculation

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

Power Line Engineering 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 )
=9123.398 / ((2201.679 + 2482.908) / 2 )
=9123.398 / 2342.2935
=3.90

Power Line Engineering 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 )
=2461.713 / ((2754.895 + 2482.908) / 2 )
=2461.713 / 2618.9015
=0.94

* 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.


Power Line Engineering PCL  (BKK:PLE-F) 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.


Power Line Engineering PCL Receivables Turnover Related Terms

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Power Line Engineering PCL (BKK:PLE-F) Business Description

Traded in Other Exchanges
Address
2 Soi Sukhumvit 81 (Siripot), Sukhumvit Road, Bangjak, Phra Khanong, Bangkok, THA, 10260
Power Line Engineering PCL is a Thailand-based company engaged in the businesses of system installation of electrical, telecommunication, air condition, sanitary and fire protection and civil construction. The operations of the company principally involve construction contracting and property development, and are mostly carried out in a single geographic area of Thailand.

Power Line Engineering PCL (BKK:PLE-F) Headlines

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