Royal Orchid Hotel (Thailand) PCL (BKK:ROH) Receivables Turnover : 6.44 (As of Mar. 2024)

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What is Royal Orchid Hotel (Thailand) 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. Royal Orchid Hotel (Thailand) PCL's Revenue for the three months ended in Mar. 2024 was ฿274.2 Mil. Royal Orchid Hotel (Thailand) PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿42.6 Mil. Hence, Royal Orchid Hotel (Thailand) PCL's Receivables Turnover for the three months ended in Mar. 2024 was 6.44.

Royal Orchid Hotel (Thailand) PCL Receivables Turnover Historical Data

The historical data trend for Royal Orchid Hotel (Thailand) 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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Royal Orchid Hotel (Thailand) PCL Receivables Turnover Chart

Royal Orchid Hotel (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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19.31

8.77

7.34

14.32

16.68

Royal Orchid Hotel (Thailand) 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															4.26	4.88	6.64	7.22	6.44

Competitive Comparison of Royal Orchid Hotel (Thailand) PCL's Receivables Turnover

For the Lodging subindustry, Royal Orchid Hotel (Thailand) 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.

Royal Orchid Hotel (Thailand) PCL's Receivables Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Orchid Hotel (Thailand) PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Royal Orchid Hotel (Thailand) PCL's Receivables Turnover falls into.

Royal Orchid Hotel (Thailand) PCL Receivables Turnover Calculation

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

Royal Orchid Hotel (Thailand) 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 )
=	809.262	/ (	(46.05	+	50.966)	/	2 )
=	809.262	/	48.508
=	16.68

Royal Orchid Hotel (Thailand) 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 )
=	274.214	/ (	(50.966	+	34.148)	/	2 )
=	274.214	/	42.557
=	6.44

Royal Orchid Hotel (Thailand) PCL (BKK:ROH) 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.

Royal Orchid Hotel (Thailand) PCL Receivables Turnover Related Terms

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Royal Orchid Hotel (Thailand) PCL (BKK:ROH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Orchid Hotel (Thailand) PCL (BKK:ROH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Captain Bush Lane, Charoen Krung Road, Kwaeng Bangrak, Khet Bangrak, Bangkok, THA, 10500

Website

http://www.royalorchidsheraton.com

Royal Orchid Hotel (Thailand) PCL is a Thailand-based company engaged in hotel operations. The company owns Royal Orchid Sheraton Hotel and Towers in Bangkok, which is operated by Sheraton Overseas Management Corporation. It offers rooms, food and beverage, and other ancillary services. The hotel provides accommodations, conference facilities, and leisure facilities including two swimming pools, spas, tennis courts, garden areas, and restaurants, which offer a range of Thai, Asian, Italian, and Continental cuisines. The group carries out its business operations in Thailand.

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