Delta Electronics (Thailand) PCL (Delta Electronics (Thailand) PCL) Receivables Turnover : 1.14 (As of Mar. 2024)

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What is Delta Electronics (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. Delta Electronics (Thailand) PCL's Revenue for the three months ended in Mar. 2024 was $1,057 Mil. Delta Electronics (Thailand) PCL's average Accounts Receivable for the three months ended in Mar. 2024 was $931 Mil. Hence, Delta Electronics (Thailand) PCL's Receivables Turnover for the three months ended in Mar. 2024 was 1.14.

Delta Electronics (Thailand) PCL Receivables Turnover Historical Data

The historical data trend for Delta Electronics (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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Delta Electronics (Thailand) PCL Receivables Turnover Chart

Delta Electronics (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.08

5.63

4.90

4.96

4.92

Delta Electronics (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															1.23	1.28	1.27	1.18	1.14

Competitive Comparison of Delta Electronics (Thailand) PCL's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Delta Electronics (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.

Delta Electronics (Thailand) PCL's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta Electronics (Thailand) PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Delta Electronics (Thailand) PCL's Receivables Turnover falls into.

Delta Electronics (Thailand) PCL Receivables Turnover Calculation

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

Delta Electronics (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 )
=	4184.31	/ (	(784.972	+	915.611)	/	2 )
=	4184.31	/	850.2915
=	4.92

Delta Electronics (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 )
=	1056.695	/ (	(915.611	+	946.19)	/	2 )
=	1056.695	/	930.9005
=	1.14

Delta Electronics (Thailand) PCL (OTCPK:DLEGF) 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.

Delta Electronics (Thailand) PCL Receivables Turnover Related Terms

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Delta Electronics (Thailand) PCL (Delta Electronics (Thailand) PCL) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

DELTA:Thailand NVAW:Germany

Address

909 Soi 9, 714 Moo 4, Tambon Prakasa, Amphur Muangsamutprakarn, Bangpoo Industrial Estate (E.P.Z), Samut Prakarn, THA, 10280

Website

https://www.deltathailand.com

Delta Electronics (Thailand) PCL manufactures and distributes power supplies, electronic equipment, and components. Its product portfolio is organized into three main segments: power electronics, which includes energy supply for computers and other tools, electric vehicle power supply, and heat control; infrastructure, which includes telecom power supplies, backpack power supplies, and renewable energy sources; and automation, which includes industrial robotic machines, automated lighting, and programmed security systems. The majority of its revenue comes from customers in the United States.

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