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SPCG PCL (BKK:SPCG) Receivables Turnover : 1.94 (As of Mar. 2024)


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What is SPCG 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. SPCG PCL's Revenue for the three months ended in Mar. 2024 was ฿736 Mil. SPCG PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿378 Mil. Hence, SPCG PCL's Receivables Turnover for the three months ended in Mar. 2024 was 1.94.


SPCG PCL Receivables Turnover Historical Data

The historical data trend for SPCG 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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SPCG PCL Receivables Turnover Chart

SPCG 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 9.07 8.73 8.81 9.29 10.14

SPCG 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 2.46 2.65 1.75 2.37 1.94

Competitive Comparison of SPCG PCL's Receivables Turnover

For the Utilities - Renewable subindustry, SPCG 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.


SPCG PCL's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's Receivables Turnover distribution charts can be found below:

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



SPCG PCL Receivables Turnover Calculation

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

SPCG 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 )
=4125.595 / ((483.189 + 330.886) / 2 )
=4125.595 / 407.0375
=10.14

SPCG 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 )
=735.536 / ((330.886 + 425.542) / 2 )
=735.536 / 378.214
=1.94

* 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.


SPCG PCL  (BKK:SPCG) 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.


SPCG PCL Receivables Turnover Related Terms

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SPCG PCL (BKK:SPCG) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are production and distribution of electricity from solar energy, trading and installation service of solar roof, manufacture, trading and installation service of roof sheets and distribution and providing service about inverter. Majority of revenue is generated from Production and distribution of electricity from solar energy.

SPCG PCL (BKK:SPCG) Headlines

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