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Praram 9 Hospital PCL (BKK:PR9) Receivables Turnover : 4.47 (As of Mar. 2024)


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What is Praram 9 Hospital 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. Praram 9 Hospital PCL's Revenue for the three months ended in Mar. 2024 was ฿1,071 Mil. Praram 9 Hospital PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿240 Mil. Hence, Praram 9 Hospital PCL's Receivables Turnover for the three months ended in Mar. 2024 was 4.47.


Praram 9 Hospital PCL Receivables Turnover Historical Data

The historical data trend for Praram 9 Hospital 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.

Praram 9 Hospital PCL Receivables Turnover Chart

Praram 9 Hospital 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 19.83 16.93 16.52 18.70 16.62

Praram 9 Hospital 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 4.45 5.20 5.29 4.82 4.47

Competitive Comparison of Praram 9 Hospital PCL's Receivables Turnover

For the Medical Care Facilities subindustry, Praram 9 Hospital 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.


Praram 9 Hospital PCL's Receivables Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Praram 9 Hospital PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Praram 9 Hospital PCL's Receivables Turnover falls into.



Praram 9 Hospital PCL Receivables Turnover Calculation

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

Praram 9 Hospital 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 )
=4201.97 / ((232.383 + 273.242) / 2 )
=4201.97 / 252.8125
=16.62

Praram 9 Hospital 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 )
=1070.805 / ((273.242 + 206.289) / 2 )
=1070.805 / 239.7655
=4.47

* 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.


Praram 9 Hospital PCL  (BKK:PR9) 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.


Praram 9 Hospital PCL Receivables Turnover Related Terms

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Praram 9 Hospital PCL (BKK:PR9) Business Description

Traded in Other Exchanges
N/A
Address
99, Praram 9 Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
Praram 9 Hospital PCL operates as a hospital in Bangkok. The company provides medical services to individual cash payment corporate, contract patients, and foreign tourists with world-class medical services accredited by JCI standard. Substantial revenue is earned from hospital operations, which includes, medical fees, hospital room sales, and medicine sales, which are recognised as revenue and the point in time when services have been rendered or medicines have been delivered. Its operations are carried on only in Thailand.

Praram 9 Hospital PCL (BKK:PR9) Headlines

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