Maybank Securities (Thailand) PCL (BKK:MST) Change In Receivables: ฿1,183 Mil (TTM As of Jun. 2026)

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BKK:MST Maybank Securities (Thailand) PCL BKK:MST
69 GF Score
Price ฿8.20
GF Value ฿10.17
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Maybank Securities (Thailand) PCL Change In Receivables?

Maybank Securities (Thailand) PCL BKK:MST 69 Change In Receivables is ฿1,183 Mil as of Jun. 2026. GuruFocus rates BKK:MST with a GF Score™ of 69/100 and a GF Value™ of ฿10.17 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Maybank Securities (Thailand) PCL's change in receivables for the quarter that ended in Jun. 2026 was ฿2,616 Mil. It means Maybank Securities (Thailand) PCL's Accounts Receivable declined by ฿2,616 Mil from Mar. 2026 to Jun. 2026 .

Maybank Securities (Thailand) PCL's change in receivables for the fiscal year that ended in Dec. 2025 was ฿3,235 Mil. It means Maybank Securities (Thailand) PCL's Accounts Receivable declined by ฿3,235 Mil from Dec. 2024 to Dec. 2025 .

Maybank Securities (Thailand) PCL's Accounts Receivable for the quarter that ended in Jun. 2026 was ฿12,780 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. Maybank Securities (Thailand) PCL's Days Sales Outstanding for the three months ended in Jun. 2026 was 1,678.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maybank Securities (Thailand) PCL's liquidation value for the three months ended in Jun. 2026 was ฿-298 Mil.


Maybank Securities (Thailand) PCL  (BKK:MST) 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.

Maybank Securities (Thailand) 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
=12779.816/694.766*91
=1,678.49

2. In Ben Graham's calculation of liquidation value, Maybank Securities (Thailand) PCL's accounts receivable are only considered to be worth 75% of book value:

Maybank Securities (Thailand) 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)
=816.463-10699.511+0.75 * 12779.816+0.5 * 0
=-298

* 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.


Maybank Securities (Thailand) PCL Change In Receivables Related Terms


Maybank Securities (Thailand) PCL Change In Receivables Historical Data

* Premium members only.

The historical data trend for Maybank Securities (Thailand) 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.

Maybank Securities (Thailand) PCL Change In Receivables Chart

Maybank Securities (Thailand) 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 -7,137.24 2,395.21 3,005.26 594.95 3,235.26

Maybank Securities (Thailand) 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 1,856.81 2,014.30 -928.67 -2,519.36 2,616.28
BKK:MST
69GF Score
Maybank Securities (Thailand) PCL BKK:MST
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Maybank Securities (Thailand) 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 ฿1,183 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 ฿1,183 Mil mean?
Maybank Securities (Thailand) PCL (BKK:MST) has a Change In Receivables of ฿1,183 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Maybank Securities (Thailand) PCL and its competitors.
Is Maybank Securities (Thailand) PCL's Change In Receivables too high?
Maybank Securities (Thailand) PCL's current Change In Receivables is ฿1,183 Mil. Overall, Maybank Securities (Thailand) PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maybank Securities (Thailand) PCL's Change In Receivables compare to MS and GS?
Maybank Securities (Thailand) PCL's Change In Receivables of ฿1,183 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Change In Receivables depends on the Capital Markets 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 Maybank Securities (Thailand) PCL and its competitors. Maybank Securities (Thailand) PCL's current Change In Receivables is ฿1,183 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maybank Securities (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Maybank Securities (Thailand) PCL (BKK:MST) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.17, compared to a current price of ฿8.20 — trading 19.4% below its estimated fair value. The current Change In Receivables is ฿1,183 Mil. Maybank Securities (Thailand) PCL's overall GF Score™ is 69/100 with 9 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 Maybank Securities (Thailand) PCL (BKK:MST), the current Change In Receivables is ฿1,183 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 Maybank Securities (Thailand) PCL (BKK:MST) Overvalued in 2026?

Based on GuruFocus' analysis, Maybank Securities (Thailand) PCL stock appears to be undervalued. The current stock price of ฿8.20 is trading 19.4% below its estimated GF Value™ of ฿10.17. GuruFocus considers Maybank Securities (Thailand) PCL to be Modestly Undervalued.

Key valuation signals for BKK:MST:

  • Change In Receivables: ฿1,183 Mil
  • GF Value™: ฿10.17 vs. price of ฿8.20 (19.4% below fair value)
  • GF Score™: 69/100 with 9 warning signs

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


Maybank Securities (Thailand) PCL Business Description

Address Rama 1 Road, 20th - 21st Floor and 25th Floor, 999/9 The Offices at Central World Building, Pathumwan, Bangkok, THA, 10330
Maybank Securities (Thailand) PCL is a public limited company incorporated and domiciled in Thailand. The company has licenses for securities business, which are securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, securities registrar, derivatives brokerage, and securities borrowing and lending. The company is organized into business units based on its products and services and has two segments, namely the Securities Business segment, which also generates key revenue, provides services like securities brokering, derivative brokering, securities borrowing and lending, and the Investment Banking segment, which provides underwriting, investment advisory, securities borrowing and lending, and corporate finance advisory services.
69GF Score

Get the complete analysis for BKK:MST

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

฿8.20
Price
฿10.17
GF Value