Tipco Asphalt PCL (BKK:TASCO-R) Change In Receivables: ฿-138 Mil (TTM As of Mar. 2026)


BKK:TASCO-R Tipco Asphalt PCL BKK:TASCO-R
81 GF Score
Price ฿13.09
GF Value ฿13.02
! 6 Warning Signs
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What is Tipco Asphalt PCL Change In Receivables?

Tipco Asphalt PCL BKK:TASCO-R 81 Change In Receivables is ฿-138 Mil as of Mar. 2026. GuruFocus rates BKK:TASCO-R with a GF Score™ of 81/100 and a GF Value™ of ฿13.02. The stock has 6 warning signs investors should review.

Tipco Asphalt PCL's change in receivables for the quarter that ended in Mar. 2026 was ฿-740 Mil. It means Tipco Asphalt PCL's Accounts Receivable increased by ฿740 Mil from Dec. 2025 to Mar. 2026 .

Tipco Asphalt PCL's change in receivables for the fiscal year that ended in Dec. 2025 was ฿690 Mil. It means Tipco Asphalt PCL's Accounts Receivable declined by ฿690 Mil from Dec. 2024 to Dec. 2025 .

Tipco Asphalt PCL's Accounts Receivable for the quarter that ended in Mar. 2026 was ฿5,540 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. Tipco Asphalt PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 68.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tipco Asphalt PCL's liquidation value for the three months ended in Mar. 2026 was ฿-803 Mil.

Tipco Asphalt PCL  (BKK:TASCO-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.

Tipco Asphalt 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
=5540.037/7425.695*91
=68.08

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

Tipco Asphalt 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)
=1850.722-9579.509+0.75 * 5540.037+0.5 * 5540.93
=-803

* 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.

Tipco Asphalt PCL Change In Receivables Related Terms

Tipco Asphalt PCL Change In Receivables Historical Data

* Premium members only.

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Change In Receivables Chart

Tipco Asphalt 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 -854.85 -3,199.58 2,309.50 -1,269.13 690.29

Tipco Asphalt 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 87.67 358.14 62.03 182.46 -740.41
BKK:TASCO-R
81GF Score
Tipco Asphalt PCL BKK:TASCO-R
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Tipco Asphalt 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 ฿-138 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 ฿-138 Mil mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a Change In Receivables of ฿-138 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tipco Asphalt PCL and its competitors.
Is Tipco Asphalt PCL's Change In Receivables too high?
Tipco Asphalt PCL's current Change In Receivables is ฿-138 Mil. Overall, Tipco Asphalt PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Change In Receivables compare to CRH and VMC?
Tipco Asphalt PCL's Change In Receivables of ฿-138 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Change In Receivables depends on the Building Materials 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 Tipco Asphalt PCL and its competitors. Tipco Asphalt PCL's current Change In Receivables is ฿-138 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Change In Receivables of ฿-138 Mil. The stock's GF Value™ is ฿13.02, compared to a current price of ฿13.09 — trading 0.5% above its estimated fair value. The current Change In Receivables is ฿-138 Mil. Tipco Asphalt PCL's overall GF Score™ is 81/100 with 6 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Change In Receivables is ฿-138 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be overvalued. The current stock price of ฿13.09 is trading 0.5% above its estimated GF Value™ of ฿13.02.

Key valuation signals for BKK:TASCO-R:

  • Change In Receivables: ฿-138 Mil
  • GF Value™: ฿13.02 vs. price of ฿13.09 (0.5% above fair value)
  • GF Score™: 81/100 with 6 warning signs

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

Tipco Asphalt PCL Business Description

Other Exchanges TASCO:ThailandNVP5:Germany
Address 118/1 Rama 6 Road, Tipco Tower 1, Phayathai Sub District, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
81GF Score

Get the complete analysis for BKK:TASCO-R

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

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