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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. Millionaire Property Fund's Revenue for the
three
months ended in Mar. 2026 was ฿57.5 Mil. Millionaire Property Fund's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿7.1 Mil.
Hence, Millionaire Property Fund's Receivables Turnover for the
three
months ended in Mar. 2026 was 8.15.
Millionaire Property Fund (BKK:MIPF) 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.
Millionaire Property Fund Receivables Turnover Related Terms
Millionaire Property Fund Receivables Turnover Historical Data
* 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.
Millionaire Property Fund Receivables Turnover Chart
BKK:MIPF vs BXP, ARE, VNO: Receivables Turnover Comparison
For the REIT - Office subindustry, Millionaire Property Fund'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.
Millionaire Property Fund Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Millionaire Property Fund's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Millionaire Property Fund's Receivables Turnover falls into.
* 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.
Millionaire Property Fund (BKK:MIPF) has a Receivables Turnover of 8.15 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 Millionaire Property Fund and its competitors. According to the industry distribution chart, Millionaire Property Fund ranks #195 out of 674 companies in the REITs industry, placing it in the top 28.9%.
Is Millionaire Property Fund's Receivables Turnover too high?
Millionaire Property Fund's current Receivables Turnover is 8.15. The REITs industry median Receivables Turnover is 15.93. Millionaire Property Fund's value of 8.15 is 48.8% below this industry median. Based on the distribution chart, Millionaire Property Fund ranks #195 out of 674 companies in the REITs industry, which is above the industry midpoint. Overall, Millionaire Property Fund has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Millionaire Property Fund's Receivables Turnover compare to BXP and ARE?
According to the REITs industry distribution chart, Millionaire Property Fund ranks #195 out of 674 companies for Receivables Turnover. This puts Millionaire Property Fund in the upper half of its industry. The industry median Receivables Turnover is 15.93. Millionaire Property Fund's value of 8.15 is 48.8% 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 REITs company?
The median Receivables Turnover among REITs companies is 15.93, based on 674 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. Millionaire Property Fund's current Receivables Turnover of 8.15 is 48.8% 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 Millionaire Property Fund and its competitors. For the REITs industry, the median Receivables Turnover is 15.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millionaire Property Fund's current Receivables Turnover is 8.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millionaire Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Millionaire Property Fund (BKK:MIPF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.93, compared to a current price of ฿9.30 — trading 14.9% below its estimated fair value. The current Receivables Turnover is 8.15 and 48.8% below the REITs industry median of 15.93. Millionaire Property Fund's overall GF Score™ is 77/100 with 2 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 Millionaire Property Fund (BKK:MIPF), the current Receivables Turnover is 8.15 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 Millionaire Property Fund (BKK:MIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Millionaire Property Fund stock appears to be undervalued.
The current stock price of ฿9.30 is trading 14.9% below its estimated GF Value™ of ฿10.93.
GuruFocus considers Millionaire Property Fund to be Modestly Undervalued.
Key valuation signals for BKK:MIPF:
Receivables Turnover: 8.15
GF Value™: ฿10.93 vs. price of ฿9.30 (14.9% below fair value)
Industry Position: 48.8% below the REITs median (#195 of 674)
No single metric tells the full story. See the BKK:MIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize funds from the sale of investment units to purchase and/or lease property and procure benefits from such property. The Fund operates in only one business segment which is property investments and the business is only operated in Thailand.
77GF Score
Get the complete analysis for BKK:MIPF
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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