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Charoen Pokphand Foods PCL (BKK:CPF) Receivables Turnover : 3.37 (As of Mar. 2024)


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What is Charoen Pokphand Foods 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. Charoen Pokphand Foods PCL's Revenue for the three months ended in Mar. 2024 was ฿140,037 Mil. Charoen Pokphand Foods PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿41,598 Mil. Hence, Charoen Pokphand Foods PCL's Receivables Turnover for the three months ended in Mar. 2024 was 3.37.


Charoen Pokphand Foods PCL Receivables Turnover Historical Data

The historical data trend for Charoen Pokphand Foods 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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Charoen Pokphand Foods PCL Receivables Turnover Chart

Charoen Pokphand Foods 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 14.42 18.70 14.99 15.04 13.69

Charoen Pokphand Foods 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 3.45 3.72 3.55 3.55 3.37

Competitive Comparison of Charoen Pokphand Foods PCL's Receivables Turnover

For the Farm Products subindustry, Charoen Pokphand Foods 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.


Charoen Pokphand Foods PCL's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Charoen Pokphand Foods PCL's Receivables Turnover falls into.



Charoen Pokphand Foods PCL Receivables Turnover Calculation

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

Charoen Pokphand Foods 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 )
=585844.121 / ((43221 + 42351) / 2 )
=585844.121 / 42786
=13.69

Charoen Pokphand Foods 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 )
=140037.213 / ((42351 + 40844) / 2 )
=140037.213 / 41597.5
=3.37

* 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.


Charoen Pokphand Foods PCL  (BKK:CPF) 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.


Charoen Pokphand Foods PCL Receivables Turnover Related Terms

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Charoen Pokphand Foods PCL (BKK:CPF) Business Description

Traded in Other Exchanges
Address
Silom Road, 313 C.P. Tower, Silom, Bangrak, Bangkok, THA, 10500
Charoen Pokphand Foods PCL operates in agro-industrial and integrated food businesses. The group's business operations are located throughout Thailand and overseas. The businesses are divided into two main segments namely the livestock business which comprises chicken, duck and pigs and the aquaculture business comprises shrimp and fish. The two main businesses are vertically integrated, starting from sourcing raw materials for animal feed production, manufacturing animal feed, breeding animals, farming animals for commercial purposes, primary processing meat, producing ready-to-eat food products, and including operating food retail outlets and restaurants.