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R&B Food Supply PCL (BKK:RBF) Receivables Turnover : 1.07 (As of Mar. 2024)


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What is R&B Food Supply 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. R&B Food Supply PCL's Revenue for the three months ended in Mar. 2024 was ฿1,167 Mil. R&B Food Supply PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿1,088 Mil. Hence, R&B Food Supply PCL's Receivables Turnover for the three months ended in Mar. 2024 was 1.07.


R&B Food Supply PCL Receivables Turnover Historical Data

The historical data trend for R&B Food Supply 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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R&B Food Supply PCL Receivables Turnover Chart

R&B Food Supply PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial 4.48 4.26 4.33 4.46 4.33

R&B Food Supply 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 1.09 1.12 1.18 1.11 1.07

Competitive Comparison of R&B Food Supply PCL's Receivables Turnover

For the Packaged Foods subindustry, R&B Food Supply 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.


R&B Food Supply PCL's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, R&B Food Supply PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where R&B Food Supply PCL's Receivables Turnover falls into.



R&B Food Supply PCL Receivables Turnover Calculation

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

R&B Food Supply 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 )
=4421.105 / ((998.144 + 1045.035) / 2 )
=4421.105 / 1021.5895
=4.33

R&B Food Supply 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 )
=1166.506 / ((1045.035 + 1131.784) / 2 )
=1166.506 / 1088.4095
=1.07

* 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.


R&B Food Supply PCL  (BKK:RBF) 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.


R&B Food Supply PCL Receivables Turnover Related Terms

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R&B Food Supply PCL (BKK:RBF) Business Description

Traded in Other Exchanges
N/A
Address
77 Soi Pho Kaeo 3, Khlongchan, Bangkapi, Bangkok, THA, 10240
R&B Food Supply PCL is engaged in the manufacturing and trading of bread products, colour, fragrances and chemicals, which are used in food, beverage, and consumer product industries. The operating business segments of the company are Domestic and Overseas production and trading business.

R&B Food Supply PCL (BKK:RBF) Headlines

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