TOIPF (Thai Oil PCL) Change In Receivables: $-666 Mil (TTM As of Mar. 2026)


TOIPF Thai Oil PCL TOIPF
72 GF Score
Price $1.25
GF Value $1.84
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Thai Oil PCL Change In Receivables?

Thai Oil PCL TOIPF 72 Change In Receivables is $-666 Mil as of Mar. 2026. GuruFocus rates TOIPF with a GF Score™ of 72/100 and a GF Value™ of $1.84 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Thai Oil PCL's change in receivables for the quarter that ended in Mar. 2026 was $-654 Mil. It means Thai Oil PCL's Accounts Receivable increased by $654 Mil from Dec. 2025 to Mar. 2026 .

Thai Oil PCL's change in receivables for the fiscal year that ended in Dec. 2025 was $55 Mil. It means Thai Oil PCL's Accounts Receivable declined by $55 Mil from Dec. 2024 to Dec. 2025 .

Thai Oil PCL's Accounts Receivable for the quarter that ended in Mar. 2026 was $1,197 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. Thai Oil PCL's Days Sales Outstanding for the three months ended in Mar. 2026 was 30.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Thai Oil PCL's liquidation value for the three months ended in Mar. 2026 was $-4,017 Mil.

Thai Oil PCL  (OTCPK:TOIPF) 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.

Thai Oil 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
=1196.631/3558.572*91
=30.68

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

Thai Oil 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)
=2364.062-7883.347+0.75 * 1196.631+0.5 * 1209.858
=-4,017

* 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.

Thai Oil PCL Change In Receivables Related Terms

Thai Oil PCL Change In Receivables Historical Data

* Premium members only.

The historical data trend for Thai Oil 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.

Thai Oil PCL Change In Receivables Chart

Thai Oil 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 -406.57 -590.18 426.96 162.19 54.81

Thai Oil 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 61.22 32.47 -14.22 -29.78 -654.39
TOIPF
72GF Score
Thai Oil PCL TOIPF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Oil 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 $-666 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 $-666 Mil mean?
Thai Oil PCL (TOIPF) has a Change In Receivables of $-666 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Thai Oil PCL and its competitors.
Is Thai Oil PCL's Change In Receivables too high?
Thai Oil PCL's current Change In Receivables is $-666 Mil. Overall, Thai Oil PCL has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Oil PCL's Change In Receivables compare to VLO and MPC?
Thai Oil PCL's Change In Receivables of $-666 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Thai Oil PCL and its competitors. Thai Oil PCL's current Change In Receivables is $-666 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Oil PCL (TOIPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.84, compared to a current price of $1.25 — trading 32.1% below its estimated fair value. The current Change In Receivables is $-666 Mil. Thai Oil PCL's overall GF Score™ is 72/100 with 5 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 Thai Oil PCL (TOIPF), the current Change In Receivables is $-666 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 Thai Oil PCL (TOIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Oil PCL stock appears to be undervalued. The current stock price of $1.25 is trading 32.1% below its estimated GF Value™ of $1.84. GuruFocus considers Thai Oil PCL to be Significantly Undervalued.

Key valuation signals for TOIPF:

  • Change In Receivables: $-666 Mil
  • GF Value™: $1.84 vs. price of $1.25 (32.1% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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

Thai Oil PCL Business Description

Industry EnergyOil & Gas
Address Vibhavadi Rangsit Road, 555/1 Energy Complex, 11th Floor, Building A, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thai Oil PCL operates an integrated business in oil refining and petrochemicals business. The company is engaged in oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. It operates in the following reportable segments: Oil refinery, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. The majority of the company's revenue is derived from the Oil refinery segment. Geographically, it generates the maximum revenue from Thailand, followed by Indonesia and other countries.
72GF Score

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

$1.25
Price
$1.84
GF Value