Nirvana Development PCL (BKK:NVD) Notes Receivable: ฿322 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:NVD Nirvana Development PCL BKK:NVD
23 GF Score
Price ฿0.83
GF Value ฿1.00
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Nirvana Development PCL Notes Receivable?

Nirvana Development PCL BKK:NVD 23 Notes Receivable is ฿322 Mil as of Mar. 2026. GuruFocus rates BKK:NVD with a GF Score™ of 23/100 and a GF Value™ of ฿1.00 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Nirvana Development PCL's Notes Receivable for the quarter that ended in Mar. 2026 was ฿322 Mil.

Nirvana Development PCL's quarterly Notes Receivable increased from Sep. 2025 (฿22.90 Mil) to Dec. 2025 (฿322.32 Mil) but then stayed the same from Dec. 2025 (฿322.32 Mil) to Mar. 2026 (฿322.32 Mil).

Nirvana Development PCL's annual Notes Receivable declined from Dec. 2023 (฿6.60 Mil) to Dec. 2024 (฿0.00 Mil) but then increased from Dec. 2024 (฿0.00 Mil) to Dec. 2025 (฿322.32 Mil).

Nirvana Development PCL Notes Receivable Related Terms

Nirvana Development PCL Notes Receivable Historical Data

* Premium members only.

The historical data trend for Nirvana Development PCL's Notes Receivable 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.

Nirvana Development PCL Notes Receivable Chart

Nirvana Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Notes Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 6.60 0.00 322.32

Nirvana Development PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Notes Receivable 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 0.04 15.31 22.90 322.32 322.32
BKK:NVD
23GF Score
Nirvana Development PCL BKK:NVD
Notes Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nirvana Development PCL Notes Receivable Calculation

Notes Receivable is an unconditional promise to receive a definite sum of money at a future date(s) within one year of the balance sheet date or the normal operating cycle, whichever is longer.

Frequently Asked Questions Learn more about Notes Receivable →
What does a Notes Receivable of ฿322 Mil mean?
Nirvana Development PCL (BKK:NVD) has a Notes Receivable of ฿322 Mil as of Mar. 2026. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on Nirvana Development PCL and its competitors.
Is Nirvana Development PCL's Notes Receivable too high?
Nirvana Development PCL's current Notes Receivable is ฿322 Mil. Overall, Nirvana Development PCL has a GF Score™ of 23/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nirvana Development PCL's Notes Receivable compare to CBRE and BEKE?
Nirvana Development PCL's Notes Receivable of ฿322 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Notes Receivable for a Real Estate company?
A good Notes Receivable depends on the Real Estate industry context. However, Notes Receivable 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 Notes Receivable mean?
A high Notes Receivable can signal that a stock is expensive relative to its fundamentals. Notes Receivable is an unconditional promise to receive a definite sum of money within one year. View historical data on Nirvana Development PCL and its competitors. Nirvana Development PCL's current Notes Receivable is ฿322 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nirvana Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Nirvana Development PCL (BKK:NVD) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.00, compared to a current price of ฿0.83 — trading 17% below its estimated fair value. The current Notes Receivable is ฿322 Mil. Nirvana Development PCL's overall GF Score™ is 23/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Notes Receivable calculated?
Notes Receivable is calculated from a company's financial statements. For Nirvana Development PCL (BKK:NVD), the current Notes Receivable is ฿322 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 Nirvana Development PCL (BKK:NVD) Overvalued in 2026?

Based on GuruFocus' analysis, Nirvana Development PCL stock appears to be undervalued. The current stock price of ฿0.83 is trading 17% below its estimated GF Value™ of ฿1.00. GuruFocus considers Nirvana Development PCL to be Modestly Undervalued.

Key valuation signals for BKK:NVD:

  • Notes Receivable: ฿322 Mil
  • GF Value™: ฿1.00 vs. price of ฿0.83 (17% below fair value)
  • GF Score™: 23/100 with 9 warning signs

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

Nirvana Development PCL Business Description

Address 343/351 Prasert Manukit Road, Nuanchan Sub-district, Buengkum District, Bangkok, THA, 10230
Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The company has three segments: Real Estate, Construction, and Others. Majority of revenue is from Real estate segment.
23GF Score

Get the complete analysis for BKK:NVD

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

฿0.83
Price
฿1.00
GF Value