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United Palm Oil Industry PCL (BKK:UPOIC) Receivables Turnover : 6.44 (As of Dec. 2023)


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What is United Palm Oil Industry 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. United Palm Oil Industry PCL's Revenue for the three months ended in Dec. 2023 was ฿345 Mil. United Palm Oil Industry PCL's average Accounts Receivable for the three months ended in Dec. 2023 was ฿54 Mil. Hence, United Palm Oil Industry PCL's Receivables Turnover for the three months ended in Dec. 2023 was 6.44.


United Palm Oil Industry PCL Receivables Turnover Historical Data

The historical data trend for United Palm Oil Industry 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.

United Palm Oil Industry PCL Receivables Turnover Chart

United Palm Oil Industry 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 26.29 26.84 15.63 17.05 27.48

United Palm Oil Industry 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 12.80 7.06 3.30 4.91 6.44

Competitive Comparison of United Palm Oil Industry PCL's Receivables Turnover

For the Farm Products subindustry, United Palm Oil Industry 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.


United Palm Oil Industry PCL's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

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



United Palm Oil Industry PCL Receivables Turnover Calculation

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

United Palm Oil Industry 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 )
=1481.488 / ((35.548 + 72.284) / 2 )
=1481.488 / 53.916
=27.48

United Palm Oil Industry 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 )
=344.973 / ((34.895 + 72.284) / 2 )
=344.973 / 53.5895
=6.44

* 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.


United Palm Oil Industry PCL  (BKK:UPOIC) 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.


United Palm Oil Industry PCL Receivables Turnover Related Terms

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United Palm Oil Industry PCL (BKK:UPOIC) Business Description

Traded in Other Exchanges
N/A
Address
64, 1st Floor, Soi Bangna-Trad 25, Bangnanua Sub-District, Bangna District, Bangkok, THA, 10260
United Palm Oil Industry PCL engaged in the manufacture of crude palm oil and palm kernel oil. The company business operations involve 2 principal segments (1) oil palm plantation, crude palm oil and crude palm kernel oil processing (2) generation of electricity from biogases and biomasses. These activities are carried on exclusively in the single geographic area of Thailand.

United Palm Oil Industry PCL (BKK:UPOIC) Headlines

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