Netbay PCL (BKK:NETBAY) Change In Receivables: ฿35.2 Mil (TTM As of Mar. 2026)


BKK:NETBAY Netbay PCL BKK:NETBAY
83 GF Score
Price ฿11.40
GF Value ฿21.42
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Netbay PCL Change In Receivables?

Netbay PCL BKK:NETBAY +9.62% 83 Change In Receivables is ฿35.2 Mil as of Mar. 2026. GuruFocus rates BKK:NETBAY with a GF Score™ of 83/100 and a GF Value™ of ฿21.42 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Netbay PCL's change in receivables for the quarter that ended in Mar. 2026 was ฿26.9 Mil. It means Netbay PCL's Accounts Receivable declined by ฿26.9 Mil from Dec. 2025 to Mar. 2026 .

Netbay PCL's change in receivables for the fiscal year that ended in Dec. 2025 was ฿12.3 Mil. It means Netbay PCL's Accounts Receivable declined by ฿12.3 Mil from Dec. 2024 to Dec. 2025 .

Netbay PCL's Accounts Receivable for the quarter that ended in Mar. 2026 was ฿90.5 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. Netbay PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 60.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Netbay PCL's liquidation value for the three months ended in Mar. 2026 was ฿294.0 Mil.

Netbay PCL  (BKK:NETBAY) 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.

Netbay 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
=90.522/137.363*91
=60.13

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

Netbay PCL's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=418.373-192.286+0.75 * 90.522+0.5 * 0
=294.0

* 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.

Netbay PCL Change In Receivables Related Terms

Netbay PCL Change In Receivables Historical Data

* Premium members only.

The historical data trend for Netbay 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.

Netbay PCL Change In Receivables Chart

Netbay 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 3.73 -58.64 2.44 -25.43 12.27

Netbay PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.90 -36.25 36.07 8.55 26.88
BKK:NETBAY
83GF Score
Netbay PCL BKK:NETBAY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Netbay 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿35.2 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 ฿35.2 Mil mean?
Netbay PCL (BKK:NETBAY) has a Change In Receivables of ฿35.2 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Netbay PCL and its competitors.
Is Netbay PCL's Change In Receivables too high?
Netbay PCL's current Change In Receivables is ฿35.2 Mil. Overall, Netbay PCL has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netbay PCL's Change In Receivables compare to UBER and SHOP?
Netbay PCL's Change In Receivables of ฿35.2 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Netbay PCL and its competitors. Netbay PCL's current Change In Receivables is ฿35.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netbay PCL stock overvalued right now?
Based on GuruFocus' analysis, Netbay PCL (BKK:NETBAY) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿21.42, compared to a current price of ฿11.40 — trading 46.8% below its estimated fair value. The current Change In Receivables is ฿35.2 Mil. Netbay PCL's overall GF Score™ is 83/100 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 Netbay PCL (BKK:NETBAY), the current Change In Receivables is ฿35.2 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 Netbay PCL (BKK:NETBAY) Overvalued in 2026?

Based on GuruFocus' analysis, Netbay PCL stock appears to be undervalued. The current stock price of ฿11.40 is trading 46.8% below its estimated GF Value™ of ฿21.42. GuruFocus considers Netbay PCL to be Significantly Undervalued.

Key valuation signals for BKK:NETBAY:

  • Change In Receivables: ฿35.2 Mil
  • GF Value™: ฿21.42 vs. price of ฿11.40 (46.8% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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

Netbay PCL Business Description

Address No. 719/5, 8-9, Rama 6 Road, Wang Mai Sub-district, Pathumwan District, Bangkok, THA, 10330
Netbay PCL is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments: The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which rendered an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.
83GF Score

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

฿11.40
Price
฿21.42
GF Value