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. M.K. Real Estate Development PCL's Revenue for the
three
months ended in Mar. 2026 was ฿189 Mil. M.K. Real Estate Development PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was ฿949 Mil.
Hence, M.K. Real Estate Development PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.20.
M.K. Real Estate Development PCL (BKK:MK-R) 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.
M.K. Real Estate Development PCL Receivables Turnover Related Terms
M.K. Real Estate Development PCL 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.
M.K. Real Estate Development PCL Receivables Turnover Chart
M.K. Real Estate Development PCL Receivables Turnover Competitor Comparison
For the Real Estate - Development subindustry, M.K. Real Estate Development 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.
M.K. Real Estate Development PCL Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, M.K. Real Estate Development PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where M.K. Real Estate Development PCL'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.
M.K. Real Estate Development PCL (BKK:MK-R) has a Receivables Turnover of 0.20 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 M.K. Real Estate Development PCL and its competitors. According to the industry distribution chart, M.K. Real Estate Development PCL ranks #1542 out of 1663 companies in the Real Estate industry, placing it in the top 92.7%.
Is M.K. Real Estate Development PCL's Receivables Turnover too high?
M.K. Real Estate Development PCL's current Receivables Turnover is 0.20. The Real Estate industry median Receivables Turnover is 10.68. M.K. Real Estate Development PCL's value of 0.20 is 98.1% below this industry median. Based on the distribution chart, M.K. Real Estate Development PCL ranks #1542 out of 1663 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, M.K. Real Estate Development PCL has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does M.K. Real Estate Development PCL's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, M.K. Real Estate Development PCL ranks #1542 out of 1663 companies for Receivables Turnover. This places M.K. Real Estate Development PCL in the lower half of its industry. The industry median Receivables Turnover is 10.68. M.K. Real Estate Development PCL's value of 0.20 is 98.1% 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 10.68, based on 1,663 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. M.K. Real Estate Development PCL's current Receivables Turnover of 0.20 is 98.1% 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 M.K. Real Estate Development PCL and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M.K. Real Estate Development PCL's current Receivables Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.K. Real Estate Development PCL stock overvalued right now?
M.K. Real Estate Development PCL (BKK:MK-R) has a current Receivables Turnover of 0.20. The stock's GF Value™ is ฿3.66, compared to a current price of ฿2.76 — trading 24.7% below its estimated fair value. The current Receivables Turnover is 0.20 and 98.1% below the Real Estate industry median of 10.68. M.K. Real Estate Development PCL's overall GF Score™ is 5/100 with 7 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 M.K. Real Estate Development PCL (BKK:MK-R), the current Receivables Turnover is 0.20 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 M.K. Real Estate Development PCL (BKK:MK-R) Overvalued in 2026?
Based on GuruFocus' analysis, M.K. Real Estate Development PCL stock appears to be undervalued.
The current stock price of ฿2.76 is trading 24.7% below its estimated GF Value™ of ฿3.66.
Key valuation signals for BKK:MK-R:
Receivables Turnover: 0.20
GF Value™: ฿3.66 vs. price of ฿2.76 (24.7% below fair value)
Industry Position: 98.1% below the Real Estate median (#1542 of 1663)
No single metric tells the full story. See the BKK:MK-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M.K. Real Estate Development PCL Business Description
M.K. Real Estate Development PCL is a Thailand-based real estate developer. The principal activities of the Group are property development for sale including land, land and house, construction for the Company's own projects, land and building rental, and a health and wellness center. The group has four reportable segments: Real estate; Rental warehouse, factory, and others; Property management; Health and wellness center. The majority of revenue is from rental warehouses, factory, and others. The Group is mainly managed and operates principally in Thailand. There are no revenues derived from foreign countries.
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