Master Style PCL (BKK:MASTER) Accounts Receivable: ฿16 Mil (As of Mar. 2026)

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BKK:MASTER Master Style PCL BKK:MASTER
55 GF Score
Price ฿8.55
GF Value ฿41.75
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Master Style PCL Accounts Receivable?

Master Style PCL BKK:MASTER -3.39% 55 Accounts Receivable is ฿16 Mil as of Mar. 2026. GuruFocus rates BKK:MASTER with a GF Score™ of 55/100 and a GF Value™ of ฿41.75 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Master Style PCL's accounts receivables for the quarter that ended in Mar. 2026 was ฿16 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Master Style PCL's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 3.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Master Style PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ฿-2.13.


Master Style PCL Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Master Style PCL's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.762/436.354*91
=3.30

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Master Style PCL's accounts receivable are only considered to be worth 75% of book value:

Master Style PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(103.287+0.75 * 15.762+0.5 * 111.655-814.215
-0-0)/301.712
=-2.13

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Master Style PCL Accounts Receivable Related Terms


Master Style PCL Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Master Style PCL's Accounts Receivable 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.

Master Style PCL Accounts Receivable Chart

Master Style PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial 1.39 2.79 7.07 14.72 19.07

Master Style PCL Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Receivable 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 14.70 11.51 13.71 19.07 15.76
BKK:MASTER
55GF Score
Master Style PCL BKK:MASTER
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Master Style PCL Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of ฿16 Mil mean?
Master Style PCL (BKK:MASTER) has a Accounts Receivable of ฿16 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Master Style PCL and its competitors.
Is Master Style PCL's Accounts Receivable too high?
Master Style PCL's current Accounts Receivable is ฿16 Mil. Overall, Master Style PCL has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Master Style PCL's Accounts Receivable compare to HCA and THC?
Master Style PCL's Accounts Receivable of ฿16 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Healthcare Providers & Services company?
A good Accounts Receivable depends on the Healthcare Providers & Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Master Style PCL and its competitors. Master Style PCL's current Accounts Receivable is ฿16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Style PCL stock overvalued right now?
Based on GuruFocus' analysis, Master Style PCL (BKK:MASTER) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿41.75, compared to a current price of ฿8.55 — trading 79.5% below its estimated fair value. The current Accounts Receivable is ฿16 Mil. Master Style PCL's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Master Style PCL (BKK:MASTER), the current Accounts Receivable is ฿16 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Master Style PCL (BKK:MASTER) Overvalued in 2026?

Based on GuruFocus' analysis, Master Style PCL stock appears to be undervalued. The current stock price of ฿8.55 is trading 79.5% below its estimated GF Value™ of ฿41.75. GuruFocus considers Master Style PCL to be Significantly Undervalued.

Key valuation signals for BKK:MASTER:

  • Accounts Receivable: ฿16 Mil
  • GF Value™: ฿41.75 vs. price of ฿8.55 (79.5% below fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the BKK:MASTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Master Style PCL Business Description

Address 99/19 Sukhothai Road, Dusit Subdistrict, Dusit District, Bangkok, THA, 10300
Master Style PCL is principally engaged in a cosmetic surgery hospital under the name of Masterpiece Hospital. It is a skincare and cosmetic surgery clinic. The company's services include: eye surgery, Nose surgery, Facial surgery, Hair transplant Liposuction and others. The company has two principal segments; Hospital business, which generates the majority of the revenue, and the trading of cosmetic products.
55GF Score

Get the complete analysis for BKK:MASTER

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿8.55
Price
฿41.75
GF Value