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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vanachai Group PCL's accounts receivables for the quarter that ended in Jun. 2026 was ฿669 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Vanachai Group PCL's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 25.40.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vanachai Group PCL's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was ฿-5.53.
Vanachai Group 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.
Vanachai Group PCL's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Vanachai Group PCL's accounts receivable are only considered to be worth 75% of book value:
Vanachai Group PCL's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:
* 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.
Vanachai Group PCL Accounts Receivable Related Terms
Vanachai Group PCL Accounts Receivable Historical Data
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The historical data trend for Vanachai Group 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.
Vanachai Group PCL (BKK:VNG-R) has a Accounts Receivable of ฿669 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Vanachai Group PCL and its competitors.
Is Vanachai Group PCL's Accounts Receivable too high?
Vanachai Group PCL's current Accounts Receivable is ฿669 Mil. Overall, Vanachai Group PCL has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vanachai Group PCL's Accounts Receivable compare to SSD and UFPI?
Vanachai Group PCL's Accounts Receivable of ฿669 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Accounts Receivable depends on the Forest Products 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 Vanachai Group PCL and its competitors. Vanachai Group PCL's current Accounts Receivable is ฿669 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanachai Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Vanachai Group PCL (BKK:VNG-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.02, compared to a current price of ฿1.97 — trading 2.5% below its estimated fair value. The current Accounts Receivable is ฿669 Mil. Vanachai Group PCL's overall GF Score™ is 62/100 with 7 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 Vanachai Group PCL (BKK:VNG-R), the current Accounts Receivable is ฿669 Mil as of Jun. 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 Vanachai Group PCL (BKK:VNG-R) Overvalued in 2026?
Based on GuruFocus' analysis, Vanachai Group PCL stock appears to be undervalued.
The current stock price of ฿1.97 is trading 2.5% below its estimated GF Value™ of ฿2.02.
GuruFocus considers Vanachai Group PCL to be Fairly Valued.
Key valuation signals for BKK:VNG-R:
Accounts Receivable: ฿669 Mil
GF Value™: ฿2.02 vs. price of ฿1.97 (2.5% below fair value)
No single metric tells the full story. See the BKK:VNG-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vanachai Group PCL is a Thailand-based company. The principal activities of the company and its subsidiaries involve the production and distribution of wood plates, MDF boards, Particle boards, Doorskin, and Malamine on wood plates. The company creates wood-based goods such as particleboards, medium-density fiberboards (MDF boards), Doorskin, and melamine laminated particleboards, which are distributed to both domestic and international markets. It also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.
62GF Score
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