MDX PCL (BKK:MDX) Receivables Turnover: 3.24 (As of Mar. 2026)

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BKK:MDX MDX PCL BKK:MDX
72 GF Score
Price ฿3.40
GF Value ฿3.92
Valuation Modestly Undervalued
! 6 Warning Signs
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What is MDX PCL Receivables Turnover?

MDX PCL BKK:MDX -2.86% 72 Receivables Turnover is 3.24 as of Mar. 2026. GuruFocus rates BKK:MDX with a GF Score™ of 72/100 and a GF Value™ of ฿3.92 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,670 Real Estate companies, MDX PCL ranks better than 66.05% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. MDX PCL's Revenue for the three months ended in Mar. 2026 was ฿55.5 Mil. MDX PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿17.2 Mil. Hence, MDX PCL's Receivables Turnover for the three months ended in Mar. 2026 was 3.24.


MDX PCL  (BKK:MDX) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


MDX PCL Receivables Turnover Related Terms


MDX PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MDX PCL's Receivables Turnover 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.

MDX PCL Receivables Turnover Chart

MDX PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.73 17.93 17.41 15.43 23.40

MDX PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover 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 4.19 3.11 11.95 3.09 3.24

MDX PCL Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, MDX PCL's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MDX PCL Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MDX PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MDX PCL's Receivables Turnover falls into.


BKK:MDX
72GF Score
MDX PCL BKK:MDX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MDX PCL Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

MDX PCL's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=380.853 / ((16.761 + 15.797) / 2 )
=380.853 / 16.279
=23.40

MDX PCL's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=55.489 / ((15.797 + 18.508) / 2 )
=55.489 / 17.1525
=3.24

* 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 Receivables Turnover →
What does a Receivables Turnover of 3.24 mean?
MDX PCL (BKK:MDX) has a Receivables Turnover of 3.24 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on MDX PCL and its competitors. According to the industry distribution chart, MDX PCL ranks #567 out of 1670 companies in the Real Estate industry, placing it in the top 34%.
Is MDX PCL's Receivables Turnover too high?
MDX PCL's current Receivables Turnover is 3.24. The Real Estate industry median Receivables Turnover is 10.46. MDX PCL's value of 3.24 is 69% below this industry median. Based on the distribution chart, MDX PCL ranks #567 out of 1670 companies in the Real Estate industry, which is above the industry midpoint. Overall, MDX PCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MDX PCL's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, MDX PCL ranks #567 out of 1670 companies for Receivables Turnover. This puts MDX PCL in the upper half of its industry. The industry median Receivables Turnover is 10.46. MDX PCL's value of 3.24 is 69% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.46, based on 1,670 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MDX PCL's current Receivables Turnover of 3.24 is 69% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on MDX PCL and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDX PCL's current Receivables Turnover is 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDX PCL stock overvalued right now?
Based on GuruFocus' analysis, MDX PCL (BKK:MDX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.92, compared to a current price of ฿3.40 — trading 13.3% below its estimated fair value. The current Receivables Turnover is 3.24 and 69% below the Real Estate industry median of 10.46. MDX PCL's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For MDX PCL (BKK:MDX), the current Receivables Turnover is 3.24 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 MDX PCL (BKK:MDX) Overvalued in 2026?

Based on GuruFocus' analysis, MDX PCL stock appears to be undervalued. The current stock price of ฿3.40 is trading 13.3% below its estimated GF Value™ of ฿3.92. GuruFocus considers MDX PCL to be Modestly Undervalued.

Key valuation signals for BKK:MDX:

  • Receivables Turnover: 3.24
  • GF Value™: ฿3.92 vs. price of ฿3.40 (13.3% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 69% below the Real Estate median (#567 of 1670)

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


MDX PCL Business Description

Address 199 Ratchadapisek Road, 12A Floor, Column Tower Building, Klongtoey, Bangkok, THA, 10110
MDX PCL is engaged in the investment and development of real estate and basic infrastructure projects. Through its subsidiaries, the company is also involved in investing in power plant projects and the distribution of electrical power. It operates in three business segments: the real estate segment, which generates maximum revenue, electricity generation, and others. Further, the real estate segment has two parts: sale of land and rental and utility services.
72GF Score

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

฿3.40
Price
฿3.92
GF Value