GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Twenty-Four Con & Supply PCL (BKK:24CS) » Definitions » Accounts Receivable

Twenty-Four Con & Supply PCL (BKK:24CS) Accounts Receivable : ฿65.8 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Twenty-Four Con & Supply PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Twenty-Four Con & Supply PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿65.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Twenty-Four Con & Supply PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 144.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Twenty-Four Con & Supply PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-0.29.


Twenty-Four Con & Supply PCL Accounts Receivable Historical Data

The historical data trend for Twenty-Four Con & Supply PCL'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.

Twenty-Four Con & Supply PCL Accounts Receivable Chart

Twenty-Four Con & Supply PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
28.62 74.78 131.11 214.24 70.40

Twenty-Four Con & Supply PCL Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 284.62 231.33 144.17 70.40 65.81

Twenty-Four Con & Supply PCL Accounts Receivable Calculation

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


Twenty-Four Con & Supply PCL 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.

Twenty-Four Con & Supply PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=65.811/41.689*91
=144.05

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Twenty-Four Con & Supply PCL's accounts receivable are only considered to be worth 75% of book value:

Twenty-Four Con & Supply PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(6.61+0.75 * 65.811+0.5 * 29.532-196.459
-0-0)/430
=-0.29

* 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.


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.


Twenty-Four Con & Supply PCL Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Twenty-Four Con & Supply PCL's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Twenty-Four Con & Supply PCL (BKK:24CS) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadaphisek Road, 89 AIA Capital Center, 9th Floor, Unit 901, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400
Twenty-Four Con & Supply PCL is engaged in selling and installing ventilation and air conditioning systems, electricity systems and plumbing systems as well as maintenance services. The company's reportable segments are Service render for construction of heating, ventilation, and air conditioning systems, electricity systems and plumbing systems; Service render for maintenance services. The company's majority revenue is generated from Services segment.

Twenty-Four Con & Supply PCL (BKK:24CS) Headlines

No Headlines