Major Development PCL (BKK:MJD) Change In Receivables: ฿-3 Mil (TTM As of Jun. 2026)

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BKK:MJD Major Development PCL BKK:MJD
38 GF Score
Price ฿0.33
GF Value ฿1.02
Valuation Possible Value Trap
! 3 Warning Signs
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What is Major Development PCL Change In Receivables?

Major Development PCL BKK:MJD +3.13% 38 Change In Receivables is ฿-3 Mil as of Jun. 2026. GuruFocus rates BKK:MJD with a GF Score™ of 38/100 and a GF Value™ of ฿1.02 (Possible Value Trap). The stock has 3 warning signs investors should review.

Major Development PCL's change in receivables for the quarter that ended in Jun. 2026 was ฿-27 Mil. It means Major Development PCL's Accounts Receivable increased by ฿27 Mil from Mar. 2026 to Jun. 2026 .

Major Development PCL's change in receivables for the fiscal year that ended in Dec. 2025 was ฿28 Mil. It means Major Development PCL's Accounts Receivable declined by ฿28 Mil from Dec. 2024 to Dec. 2025 .

Major Development PCL's Accounts Receivable for the quarter that ended in Jun. 2026 was ฿16 Mil.

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 Receivable are being managed. Major Development PCL's Days Sales Outstanding for the three months ended in Jun. 2026 was 2.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Major Development PCL's liquidation value for the three months ended in Jun. 2026 was ฿-6,050 Mil.

Major Development PCL  (BKK:MJD) Change In Receivables 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 Receivable are being managed.

Major Development PCL's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.054/660.556*91
=2.22

2. In Ben Graham's calculation of liquidation value, Major Development PCL's accounts receivable are only considered to be worth 75% of book value:

Major Development PCL's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=349.965-10559.185+0.75 * 16.054+0.5 * 8294.957
=-6,050

* 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.

Major Development PCL Change In Receivables Related Terms

Major Development PCL Change In Receivables Historical Data

* Premium members only.

The historical data trend for Major Development PCL's Change In Receivables 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.

Major Development PCL Change In Receivables Chart

Major Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.33 52.21 351.96 83.60 28.39

Major Development PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables 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 27.29 -5.38 3.54 25.51 -26.85
BKK:MJD
38GF Score
Major Development PCL BKK:MJD
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Development PCL Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-3 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ฿-3 Mil mean?
Major Development PCL (BKK:MJD) has a Change In Receivables of ฿-3 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Major Development PCL and its competitors.
Is Major Development PCL's Change In Receivables too high?
Major Development PCL's current Change In Receivables is ฿-3 Mil. Overall, Major Development PCL has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Development PCL's Change In Receivables compare to competitors?
Major Development PCL's Change In Receivables of ฿-3 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Real Estate company?
A good Change In Receivables depends on the Real Estate industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Major Development PCL and its competitors. Major Development PCL's current Change In Receivables is ฿-3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Major Development PCL (BKK:MJD) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.02, compared to a current price of ฿0.33 — trading 67.6% below its estimated fair value. The current Change In Receivables is ฿-3 Mil. Major Development PCL's overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Major Development PCL (BKK:MJD), the current Change In Receivables is ฿-3 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 Major Development PCL (BKK:MJD) Overvalued in 2026?

Based on GuruFocus' analysis, Major Development PCL stock appears to be undervalued. The current stock price of ฿0.33 is trading 67.6% below its estimated GF Value™ of ฿1.02. GuruFocus considers Major Development PCL to be Possible Value Trap.

Key valuation signals for BKK:MJD:

  • Change In Receivables: ฿-3 Mil
  • GF Value™: ฿1.02 vs. price of ฿0.33 (67.6% below fair value)
  • GF Score™: 38/100 with 3 warning signs

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

Major Development PCL Business Description

Address Sukhumvit Road, 141 Soi Sukhumvit 63 (Ekamai), 16th Floor, Klongton Nua, Wattana, Bangkok, THA, 10110
Major Development PCL is a Thailand-based real estate company. The operating segments of the group are the Property development business segment, the Hotel business segment, and the Rental and service business segment. It derives prime revenue from the Property development business segment, which engages in the development of land and houses and residential condominium units for sale. The group mainly operates in Thailand.
38GF Score

Get the complete analysis for BKK:MJD

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

฿0.33
Price
฿1.02
GF Value