Next Capital PCL (BKK:NCAP) Receivables Turnover: 573.31 (As of Mar. 2026)

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BKK:NCAP Next Capital PCL BKK:NCAP
73 GF Score
Price ฿3.94
GF Value ฿2.74
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Next Capital PCL Receivables Turnover?

Next Capital PCL BKK:NCAP +0.51% 73 Receivables Turnover is 573.31 as of Mar. 2026. GuruFocus rates BKK:NCAP with a GF Score™ of 73/100 and a GF Value™ of ฿2.74 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 295 Credit Services companies, Next Capital PCL ranks better than 98.31% 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. Next Capital PCL's Revenue for the three months ended in Mar. 2026 was ฿517 Mil. Next Capital PCL's average Accounts Receivable for the three months ended in Mar. 2026 was ฿1 Mil. Hence, Next Capital PCL's Receivables Turnover for the three months ended in Mar. 2026 was 573.31.


Next Capital PCL  (BKK:NCAP) 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.


Next Capital PCL Receivables Turnover Related Terms


Next Capital PCL Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Next Capital 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.

Next Capital PCL Receivables Turnover Chart

Next Capital PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 4,385.86 3,647.31 2,540.91

Next Capital 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 801.54 771.46 689.49 585.48 573.31

BKK:NCAP vs V, MA, AXP: Receivables Turnover Comparison

For the Credit Services subindustry, Next Capital 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.


Next Capital PCL Receivables Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Next Capital PCL's Receivables Turnover distribution charts can be found below:

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


BKK:NCAP
73GF Score
Next Capital PCL BKK:NCAP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Capital PCL Receivables Turnover Calculation

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

Next Capital 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 )
=1945.069 / ((0.59 + 0.941) / 2 )
=1945.069 / 0.7655
=2,540.91

Next Capital 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 )
=516.552 / ((0.941 + 0.861) / 2 )
=516.552 / 0.901
=573.31

* 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 573.31 mean?
Next Capital PCL (BKK:NCAP) has a Receivables Turnover of 573.31 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 Next Capital PCL and its competitors. According to the industry distribution chart, Next Capital PCL ranks #5 out of 295 companies in the Credit Services industry, placing it in the top 1.7%.
Is Next Capital PCL's Receivables Turnover too high?
Next Capital PCL's current Receivables Turnover is 573.31. The Credit Services industry median Receivables Turnover is 8.81. Next Capital PCL's value of 573.31 is 6407.5% above this industry median. Based on the distribution chart, Next Capital PCL ranks #5 out of 295 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Next Capital PCL has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next Capital PCL's Receivables Turnover compare to V and MA?
According to the Credit Services industry distribution chart, Next Capital PCL ranks #5 out of 295 companies for Receivables Turnover. This places Next Capital PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 8.81. Next Capital PCL's value of 573.31 is 6407.5% 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 Credit Services company?
The median Receivables Turnover among Credit Services companies is 8.81, based on 295 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. Next Capital PCL's current Receivables Turnover of 573.31 is 6407.5% 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 Next Capital PCL and its competitors. For the Credit Services industry, the median Receivables Turnover is 8.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Capital PCL's current Receivables Turnover is 573.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, Next Capital PCL (BKK:NCAP) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿2.74, compared to a current price of ฿3.94 — trading 43.8% above its estimated fair value. The current Receivables Turnover is 573.31 and 6407.5% above the Credit Services industry median of 8.81. Next Capital PCL's overall GF Score™ is 73/100 with 10 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 Next Capital PCL (BKK:NCAP), the current Receivables Turnover is 573.31 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 Next Capital PCL (BKK:NCAP) Overvalued in 2026?

Based on GuruFocus' analysis, Next Capital PCL stock appears to be overvalued. The current stock price of ฿3.94 is trading 43.8% above its estimated GF Value™ of ฿2.74. GuruFocus considers Next Capital PCL to be Significantly Overvalued.

Key valuation signals for BKK:NCAP:

  • Receivables Turnover: 573.31
  • GF Value™: ฿2.74 vs. price of ฿3.94 (43.8% above fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 6407.5% above the Credit Services median (#5 of 295)

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


Next Capital PCL Business Description

Address Surawong Road, No. 163 Thai Samut Building, 15th Floor, Suriyawong, Bangrak, Bangkok, THA, 10500
Next Capital PCL is principally engaged in the financial services specifically motorcycle hire-purchase and loans secured against vehicle registrations. It operates in two segments: Motorcycle hire-purchase and Loans secured against vehicle registrations.
73GF Score

Get the complete analysis for BKK:NCAP

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

฿3.94
Price
฿2.74
GF Value