Master Style PCL (BKK:MASTER) Receivables Turnover : 61.81 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Master Style 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. Master Style PCL's Revenue for the three months ended in Mar. 2024 was ฿468 Mil. Master Style PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿8 Mil. Hence, Master Style PCL's Receivables Turnover for the three months ended in Mar. 2024 was 61.81.

Master Style PCL Receivables Turnover Historical Data

The historical data trend for Master Style 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.

Master Style PCL Receivables Turnover Chart

Master Style PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec23

Receivables Turnover

324.60

315.70

388.75

Master Style PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial					57.51	48.07	54.90	67.21	61.81

Competitive Comparison of Master Style PCL's Receivables Turnover

For the Medical Care Facilities subindustry, Master Style 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.

Master Style PCL's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Master Style PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Master Style PCL's Receivables Turnover falls into.

Master Style PCL Receivables Turnover Calculation

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

Master Style 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. 2021 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1916.756	/ (	(2.789	+	7.072)	/	2 )
=	1916.756	/	4.9305
=	388.75

Master Style 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 )
=	468.068	/ (	(7.072	+	8.073)	/	2 )
=	468.068	/	7.5725
=	61.81

Master Style PCL (BKK:MASTER) 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.

Master Style PCL Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Master Style PCL's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Master Style PCL (BKK:MASTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Master Style PCL (BKK:MASTER) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

99/19 Sukhothai Road, Dusit Subdistrict, Dusit District, Bangkok, THA, 10300

Website

https://www.masterpiecehospital.com

Master Style PCL is principally engaged in cosmetic hospital under the name of Masterpiece Hospital. It is a skincare and cosmetic surgery clinic. The company's services include; eye surgery, Nose surgery, Facial surgery, Hair transplant, and Liposuction.

Master Style PCL (BKK:MASTER) Headlines

No Headlines