SCG Packaging PCL (BKK:SCGP-R) Receivables Turnover : 1.49 (As of Mar. 2024)

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What is SCG Packaging 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. SCG Packaging PCL's Revenue for the three months ended in Mar. 2024 was ฿33,948 Mil. SCG Packaging PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿22,739 Mil. Hence, SCG Packaging PCL's Receivables Turnover for the three months ended in Mar. 2024 was 1.49.

SCG Packaging PCL Receivables Turnover Historical Data

The historical data trend for SCG Packaging 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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SCG Packaging PCL Receivables Turnover Chart

SCG Packaging PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.81

6.62

6.75

6.82

6.40

SCG Packaging 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															1.63	1.53	1.52	1.57	1.49

Competitive Comparison of SCG Packaging PCL's Receivables Turnover

For the Packaging & Containers subindustry, SCG Packaging 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.

SCG Packaging PCL's Receivables Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SCG Packaging PCL's Receivables Turnover distribution charts can be found below:

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

SCG Packaging PCL Receivables Turnover Calculation

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

SCG Packaging 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 )
=	129398.089	/ (	(20451.076	+	19982.031)	/	2 )
=	129398.089	/	20216.5535
=	6.40

SCG Packaging 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 )
=	33947.685	/ (	(19982.031	+	25495.323)	/	2 )
=	33947.685	/	22738.677
=	1.49

SCG Packaging PCL (BKK:SCGP-R) 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.

SCG Packaging PCL Receivables Turnover Related Terms

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SCG Packaging PCL (BKK:SCGP-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SCG Packaging PCL (BKK:SCGP-R) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

SCGP:Thailand 5Y7A:Germany

Address

1 Siam Cement Road, Bangsue, Bangkok, THA, 10800

Website

https://www.scgpackaging.com

SCG Packaging PCL is an integrated packaging solutions provider. Its business is divided into three business segments: Integrated Packaging Business, Fibrous Business and Recycling Business and Others. The company's products and services include Packaging; Smart packaging; Food container products; Paper and pulp; Wood business; Design services; Service for marketing activities; and Wastepaper purchase service For recycling. Majority of the firm's revenue gets derived from the Integrated Packaging Business segment that manufactures and sells packaging paper, various types of packaging, including fiber-based packaging and performance and polymer packaging, flexible packaging, and rigid packaging. Key revenue comes from domestic sales in Thailand.

SCG Packaging PCL (BKK:SCGP-R) Headlines

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