Pilatus Marine PCL (BKK:PLT) Accounts Receivable : ฿62.5 Mil (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Pilatus Marine PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pilatus Marine PCL's accounts receivables for the quarter that ended in Sep. 2023 was ฿62.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pilatus Marine PCL's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 30.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pilatus Marine PCL's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ฿-0.43.

Pilatus Marine PCL Accounts Receivable Historical Data

The historical data trend for Pilatus Marine 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.

Pilatus Marine PCL Accounts Receivable Chart

Pilatus Marine PCL Annual Data

Trend

Dec21

Dec22

Accounts Receivable

70.87

78.25

Pilatus Marine PCL Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			-	-	78.25	62.81	62.52

Pilatus Marine PCL Accounts Receivable Calculation

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

Pilatus Marine 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.

Pilatus Marine PCL's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	62.524	/	186.761	*	91
=	30.55

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

Pilatus Marine PCL's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(155.519	+	0.75 * 62.524	+	0.5 * 20.213	-	626.008
-	0	-	0)	/	960
=	-0.43

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.

Pilatus Marine PCL Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Pilatus Marine PCL's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Pilatus Marine PCL (BKK:PLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pilatus Marine PCL (BKK:PLT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

84/1-4 Young Place Grand Le Jardin, 1st – 4th Floor, Soi Phahon Yothin 37, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website

https://www.pilatusmarine.co.th

Pilatus Marine PCL is Thailand's leading owner and operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The company leased the vessel to transport liquefied petroleum gas from other companies and It also provides liquefied petroleum gas transportation by truck.

Pilatus Marine PCL (BKK:PLT) Headlines

No Headlines