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Nex Point PCL (BKK:NEX) Receivables Turnover : 0.56 (As of Mar. 2024)


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What is Nex Point 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. Nex Point PCL's Revenue for the three months ended in Mar. 2024 was ฿2,487 Mil. Nex Point PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿4,453 Mil. Hence, Nex Point PCL's Receivables Turnover for the three months ended in Mar. 2024 was 0.56.


Nex Point PCL Receivables Turnover Historical Data

The historical data trend for Nex Point 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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Nex Point PCL Receivables Turnover Chart

Nex Point 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 8.07 14.19 4.72 3.65 2.75

Nex Point 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 0.99 0.98 0.55 0.78 0.56

Competitive Comparison of Nex Point PCL's Receivables Turnover

For the Electronic Components subindustry, Nex Point 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.


Nex Point PCL's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nex Point PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nex Point PCL's Receivables Turnover falls into.



Nex Point PCL Receivables Turnover Calculation

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

Nex Point 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 )
=9299.345 / ((3416.306 + 3345.609) / 2 )
=9299.345 / 3380.9575
=2.75

Nex Point 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 )
=2486.502 / ((3345.609 + 5560.048) / 2 )
=2486.502 / 4452.8285
=0.56

* 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.


Nex Point PCL  (BKK:NEX) 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.


Nex Point PCL Receivables Turnover Related Terms

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Nex Point PCL (BKK:NEX) Business Description

Traded in Other Exchanges
N/A
Address
999/999 Moo 4, Bang Chalong, Bang Phli, SamutPrakan, THA, 10540
Nex Point PCL is Thailand-based company. The company is engaged in five reportable segments which comprise sales of commercial electric vehicles, repair and maintenance services, sales of computer products, computer system services and transportation. The majority of revenue is earned through the Sales of the commercial electric vehicles segment.