PT Adaro Energy Indonesia Tbk (PT Adaro Energy Indonesia Tbk) Accounts Receivable : $520 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is PT Adaro Energy Indonesia Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Adaro Energy Indonesia Tbk's accounts receivables for the quarter that ended in Dec. 2023 was $520 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Adaro Energy Indonesia Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 30.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Adaro Energy Indonesia Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.22.

PT Adaro Energy Indonesia Tbk Accounts Receivable Historical Data

The historical data trend for PT Adaro Energy Indonesia Tbk's Accounts Receivable 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.

* Premium members only.

PT Adaro Energy Indonesia Tbk Accounts Receivable Chart

PT Adaro Energy Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

310.32

224.15

451.99

647.15

520.49

PT Adaro Energy Indonesia Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															647.15	598.92	595.13	406.24	520.49

PT Adaro Energy Indonesia Tbk Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

PT Adaro Energy Indonesia Tbk Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

PT Adaro Energy Indonesia Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	520.494	/	1536.46	*	91
=	30.91

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), PT Adaro Energy Indonesia Tbk's accounts receivable are only considered to be worth 75% of book value:

PT Adaro Energy Indonesia Tbk's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3359.503	+	0.75 * 520.494	+	0.5 * 171.076	-	3063.961
-	0	-	636.086)	/	617.624
=	0.22

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

PT Adaro Energy Indonesia Tbk Accounts Receivable Related Terms

Thank you for viewing the detailed overview of PT Adaro Energy Indonesia Tbk's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Adaro Energy Indonesia Tbk (PT Adaro Energy Indonesia Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Adaro Energy Indonesia Tbk (OTCPK:ADOOY) » Definitions » Accounts Receivable

Traded in Other Exchanges

PADEF:USA ADRO:Indonesia A64:Germany

Address

Jalan H.R. Rasuna Said, Block X-5, Menara Karya Lantai, 23rd Floor, Kav. 1-2, Jakarta, IDN, 12950

Website

https://www.adaro.com

PT Adaro Energy Indonesia Tbk is an Indonesia-based energy group that focuses on integrated coal mining. The company's primary location is in the Tabalong district in South Kalimantan, where its subsidiary PT Adaro Indonesia operates the single-site coal mine in the southern hemisphere. The company produces thermal coal, which is marketed under the brand name Envirocoal. The company's main customers are blue-chip power utilities, and roughly three-quarters of its coal is produced for foreign customers, with the remainder in Indonesia. In addition to the core mining business, the company also engages in barging, ship-loading, dredging, port services, marketing, and power generation. Its segment comprises coal mining and trading, mining services, logistics, and others.