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MBK PCL (BKK:MBK) Receivables Turnover : 5.71 (As of Mar. 2024)


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What is MBK 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. MBK PCL's Revenue for the three months ended in Mar. 2024 was ฿2,887 Mil. MBK PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿506 Mil. Hence, MBK PCL's Receivables Turnover for the three months ended in Mar. 2024 was 5.71.


MBK PCL Receivables Turnover Historical Data

The historical data trend for MBK 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.

MBK PCL Receivables Turnover Chart

MBK 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 25.44 16.10 9.69 11.19 17.81

MBK 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 3.85 4.29 4.73 5.27 5.71

Competitive Comparison of MBK PCL's Receivables Turnover

For the Conglomerates subindustry, MBK 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.


MBK PCL's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBK PCL's Receivables Turnover distribution charts can be found below:

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



MBK PCL Receivables Turnover Calculation

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

MBK 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 )
=10013.816 / ((653.532 + 471.023) / 2 )
=10013.816 / 562.2775
=17.81

MBK 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 )
=2886.976 / ((471.023 + 541.007) / 2 )
=2886.976 / 506.015
=5.71

* 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.


MBK PCL  (BKK:MBK) 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.


MBK PCL Receivables Turnover Related Terms

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MBK PCL (BKK:MBK) Business Description

Traded in Other Exchanges
Address
444 Phayathai Road, 8th Floor, MBK Center Building, Pathumwan, Bangkok, THA, 10330
MBK PCL and its subsidiaries engage in the leisure, entertainment and real estate business. The company is headquartered in Thailand and generates the majority of revenue domestically. The company operates through several segments, the general of which is shopping centers. This segment rents both retail and office space to tenants within shopping centers. The hotel and tourism division provides accommodation and travel services to customers. The company also conducts operations concerning golf, real estate, finance, food, security, car motorcycle auctions, and personnel management.

MBK PCL (BKK:MBK) Headlines

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