SPCG PCL (BKK:SPCG-R) Change In Receivables: ฿131 Mil (TTM As of Mar. 2026)


BKK:SPCG-R SPCG PCL BKK:SPCG-R
64 GF Score
Price ฿8.85
GF Value ฿6.00
! 8 Warning Signs
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What is SPCG PCL Change In Receivables?

SPCG PCL BKK:SPCG-R 64 Change In Receivables is ฿131 Mil as of Mar. 2026. GuruFocus rates BKK:SPCG-R with a GF Score™ of 64/100 and a GF Value™ of ฿6.00. The stock has 8 warning signs investors should review.

SPCG PCL's change in receivables for the quarter that ended in Mar. 2026 was ฿-46 Mil. It means SPCG PCL's Accounts Receivable increased by ฿46 Mil from Dec. 2025 to Mar. 2026 .

SPCG PCL's change in receivables for the fiscal year that ended in Dec. 2025 was ฿152 Mil. It means SPCG PCL's Accounts Receivable declined by ฿152 Mil from Dec. 2024 to Dec. 2025 .

SPCG PCL's Accounts Receivable for the quarter that ended in Mar. 2026 was ฿140 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. SPCG PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 30.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SPCG PCL's liquidation value for the three months ended in Mar. 2026 was ฿1,513 Mil.

SPCG PCL  (BKK:SPCG-R) 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.

SPCG 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
=139.699/419.918*91
=30.36

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

SPCG 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)
=1503.37-265.235+0.75 * 139.699+0.5 * 340.947
=1,513

* 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.

SPCG PCL Change In Receivables Related Terms

SPCG PCL Change In Receivables Historical Data

* Premium members only.

The historical data trend for SPCG 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.

SPCG PCL Change In Receivables Chart

SPCG 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 175.62 -233.47 295.22 378.15 151.72

SPCG 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 -25.62 145.10 -28.04 60.28 -46.22
BKK:SPCG-R
64GF Score
SPCG PCL BKK:SPCG-R
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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SPCG 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 ฿131 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 ฿131 Mil mean?
SPCG PCL (BKK:SPCG-R) has a Change In Receivables of ฿131 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SPCG PCL and its competitors.
Is SPCG PCL's Change In Receivables too high?
SPCG PCL's current Change In Receivables is ฿131 Mil. Overall, SPCG PCL has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's Change In Receivables compare to competitors?
SPCG PCL's Change In Receivables of ฿131 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Change In Receivables depends on the Utilities - Independent Power Producers 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 SPCG PCL and its competitors. SPCG PCL's current Change In Receivables is ฿131 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current Change In Receivables of ฿131 Mil. The stock's GF Value™ is ฿6.00, compared to a current price of ฿8.85 — trading 47.5% above its estimated fair value. The current Change In Receivables is ฿131 Mil. SPCG PCL's overall GF Score™ is 64/100 with 8 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 SPCG PCL (BKK:SPCG-R), the current Change In Receivables is ฿131 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?

Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued. The current stock price of ฿8.85 is trading 47.5% above its estimated GF Value™ of ฿6.00.

Key valuation signals for BKK:SPCG-R:

  • Change In Receivables: ฿131 Mil
  • GF Value™: ฿6.00 vs. price of ฿8.85 (47.5% above fair value)
  • GF Score™: 64/100 with 8 warning signs

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

SPCG PCL Business Description

Other Exchanges SPCG:Thailand
Address No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
64GF Score

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

฿8.85
Price
฿6.00
GF Value