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CK Power PCL (BKK:CKP) Receivables Turnover : 1.54 (As of Mar. 2024)


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What is CK Power 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. CK Power PCL's Revenue for the three months ended in Mar. 2024 was ฿2,348 Mil. CK Power PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿1,522 Mil. Hence, CK Power PCL's Receivables Turnover for the three months ended in Mar. 2024 was 1.54.


CK Power PCL Receivables Turnover Historical Data

The historical data trend for CK Power 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.

CK Power PCL Receivables Turnover Chart

CK Power 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 6.65 6.46 7.77 7.30 6.58

CK Power PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.59 1.53 1.53 1.75 1.54

Competitive Comparison of CK Power PCL's Receivables Turnover

For the Utilities - Independent Power Producers subindustry, CK Power 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.


CK Power PCL's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CK Power PCL's Receivables Turnover distribution charts can be found below:

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



CK Power PCL Receivables Turnover Calculation

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

CK Power 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 )
=10285.744 / ((1588.535 + 1535.664) / 2 )
=10285.744 / 1562.0995
=6.58

CK Power PCL's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=2347.632 / ((1535.664 + 1507.634) / 2 )
=2347.632 / 1521.649
=1.54

* 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.


CK Power PCL  (BKK:CKP) 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.


CK Power PCL Receivables Turnover Related Terms

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CK Power PCL (BKK:CKP) Business Description

Traded in Other Exchanges
N/A
Address
Sutthisarn Road, No. 587 Viriyathavorn Building, 19th Floor, Kwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CK Power PCL is a Thai electric utility company. The company's operating segment includes Generation of electricity from hydroelectric power, Generation of electricity from solar power and Generation of electricity from thermal power. It generates maximum revenue from the Generation of electricity from the thermal power segment.