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IRPC PCL (BKK:IRPC-F) Accounts Receivable : ฿16,732 Mil (As of Mar. 2024)


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What is IRPC PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IRPC PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿16,732 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IRPC PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 19.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IRPC PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-4.12.


IRPC PCL Accounts Receivable Historical Data

The historical data trend for IRPC 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.

IRPC PCL Accounts Receivable Chart

IRPC PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,100.00 9,626.00 13,785.00 15,051.00 15,597.00

IRPC PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,226.00 14,905.00 17,700.00 15,597.00 16,732.00

IRPC PCL Accounts Receivable Calculation

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


IRPC 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.

IRPC 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
=16732/79347.845*91
=19.24

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

IRPC 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)
=(5188.353+0.75 * 16732+0.5 * 32468.976-117916.492
-0-211.836)/20410.6
=-4.12

* 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.


IRPC PCL Accounts Receivable Related Terms

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IRPC PCL (BKK:IRPC-F) Business Description

Industry
Traded in Other Exchanges
Address
555/2, Energy Complex, Vibhavadi Rangsit Road, Building B, 6th Floor,, Chatuchak, Bangkok, THA, 10900
IRPC PCL is a Thailand-based company. The Company is principally engaged in the petroleum and petrochemical business with its products being refinery, lubricant, olefins, aromatics, plastic resins, and other petrochemical products. The company operates in three reportable segments; the Petroleum products segment, which produces and sells refinery, lubricant, and asphalt. The petrochemical products segment, produces and sells olefins, aromatics, and related products including special products. and Other business segments, includes divisions related to the Power plant, jetty, and other utilities. The majority of its revenue is derived from the Petroleum products segment.

IRPC PCL (BKK:IRPC-F) Headlines

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