Mfc-Nichada Thani Property Fund (BKK:MNIT) Receivables Turnover: 68.34 (As of Mar. 2026)

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BKK:MNIT Mfc-Nichada Thani Property Fund BKK:MNIT
79 GF Score
Price ฿1.95
GF Value ฿2.43
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Mfc-Nichada Thani Property Fund Receivables Turnover?

Mfc-Nichada Thani Property Fund BKK:MNIT 79 Receivables Turnover is 68.34 as of Mar. 2026. GuruFocus rates BKK:MNIT with a GF Score™ of 79/100 and a GF Value™ of ฿2.43 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 667 REITs companies, Mfc-Nichada Thani Property Fund ranks better than 95.5% 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. Mfc-Nichada Thani Property Fund's Revenue for the three months ended in Mar. 2026 was ฿8.61 Mil. Mfc-Nichada Thani Property Fund's average Accounts Receivable for the three months ended in Mar. 2026 was ฿0.13 Mil. Hence, Mfc-Nichada Thani Property Fund's Receivables Turnover for the three months ended in Mar. 2026 was 68.34.


Mfc-Nichada Thani Property Fund  (BKK:MNIT) 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.


Mfc-Nichada Thani Property Fund Receivables Turnover Related Terms


Mfc-Nichada Thani Property Fund Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mfc-Nichada Thani Property Fund'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.

Mfc-Nichada Thani Property Fund Receivables Turnover Chart

Mfc-Nichada Thani Property Fund 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 326.67 347.49 266.55 170.73 198.10

Mfc-Nichada Thani Property Fund 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 38.11 38.13 57.45 65.56 68.34

BKK:MNIT vs AVB, EQR, ESS: Receivables Turnover Comparison

For the REIT - Residential subindustry, Mfc-Nichada Thani 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.


Mfc-Nichada Thani Property Fund Receivables Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Mfc-Nichada Thani Property Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mfc-Nichada Thani Property Fund's Receivables Turnover falls into.


BKK:MNIT
79GF Score
Mfc-Nichada Thani Property Fund BKK:MNIT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mfc-Nichada Thani Property Fund Receivables Turnover Calculation

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

Mfc-Nichada Thani Property Fund'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 )
=34.767 / ((0.19 + 0.161) / 2 )
=34.767 / 0.1755
=198.10

Mfc-Nichada Thani Property Fund'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 )
=8.611 / ((0.161 + 0.091) / 2 )
=8.611 / 0.126
=68.34

* 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 68.34 mean?
Mfc-Nichada Thani Property Fund (BKK:MNIT) has a Receivables Turnover of 68.34 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 Mfc-Nichada Thani Property Fund and its competitors. According to the industry distribution chart, Mfc-Nichada Thani Property Fund ranks #30 out of 667 companies in the REITs industry, placing it in the top 4.5%.
Is Mfc-Nichada Thani Property Fund's Receivables Turnover too high?
Mfc-Nichada Thani Property Fund's current Receivables Turnover is 68.34. The REITs industry median Receivables Turnover is 15.79. Mfc-Nichada Thani Property Fund's value of 68.34 is 332.8% above this industry median. Based on the distribution chart, Mfc-Nichada Thani Property Fund ranks #30 out of 667 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Mfc-Nichada Thani Property Fund has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mfc-Nichada Thani Property Fund's Receivables Turnover compare to AVB and EQR?
According to the REITs industry distribution chart, Mfc-Nichada Thani Property Fund ranks #30 out of 667 companies for Receivables Turnover. This places Mfc-Nichada Thani Property Fund in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.79. Mfc-Nichada Thani Property Fund's value of 68.34 is 332.8% above 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 15.79, based on 667 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. Mfc-Nichada Thani Property Fund's current Receivables Turnover of 68.34 is 332.8% above 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 Mfc-Nichada Thani Property Fund and its competitors. For the REITs industry, the median Receivables Turnover is 15.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfc-Nichada Thani Property Fund's current Receivables Turnover is 68.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfc-Nichada Thani Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Mfc-Nichada Thani Property Fund (BKK:MNIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.43, compared to a current price of ฿1.95 — trading 19.8% below its estimated fair value. The current Receivables Turnover is 68.34 and 332.8% above the REITs industry median of 15.79. Mfc-Nichada Thani Property Fund's overall GF Score™ is 79/100 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 Mfc-Nichada Thani Property Fund (BKK:MNIT), the current Receivables Turnover is 68.34 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 Mfc-Nichada Thani Property Fund (BKK:MNIT) Overvalued in 2026?

Based on GuruFocus' analysis, Mfc-Nichada Thani Property Fund stock appears to be undervalued. The current stock price of ฿1.95 is trading 19.8% below its estimated GF Value™ of ฿2.43. GuruFocus considers Mfc-Nichada Thani Property Fund to be Modestly Undervalued.

Key valuation signals for BKK:MNIT:

  • Receivables Turnover: 68.34
  • GF Value™: ฿2.43 vs. price of ฿1.95 (19.8% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 332.8% above the REITs median (#30 of 667)

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


Mfc-Nichada Thani Property Fund Business Description

Industry Real EstateREITs
Address Ratchadaphisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey Sub-District, Klongtoey District, Bangkok, THA, 10110
Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand.
79GF Score

Get the complete analysis for BKK:MNIT

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

฿1.95
Price
฿2.43
GF Value