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PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Accounts Receivable : €131.7 Mil (As of Jun. 2023)


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What is PT Pertamina Geothermal Energy Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Pertamina Geothermal Energy Tbk's accounts receivables for the quarter that ended in Jun. 2023 was €131.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Pertamina Geothermal Energy Tbk's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 125.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Pertamina Geothermal Energy Tbk's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was €-0.00.


PT Pertamina Geothermal Energy Tbk Accounts Receivable Historical Data

The historical data trend for PT Pertamina Geothermal Energy 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 Pertamina Geothermal Energy Tbk Accounts Receivable Chart

PT Pertamina Geothermal Energy Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
107.03 113.80 110.26 116.32 124.98

PT Pertamina Geothermal Energy Tbk Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.92 116.32 127.71 131.70 124.98

PT Pertamina Geothermal Energy Tbk Accounts Receivable Calculation

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


PT Pertamina Geothermal Energy 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 Pertamina Geothermal Energy Tbk's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=131.696/96.099*91
=125.05

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

PT Pertamina Geothermal Energy Tbk's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(612.919+0.75 * 131.696+0.5 * 18.463-913.349
-0--0.21)/41396.1
=-0.00

* 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.


PT Pertamina Geothermal Energy Tbk Accounts Receivable Related Terms

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PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Business Description

Traded in Other Exchanges
Address
Jalan Medan Merdeka Timur No. 11-13, Grha Pertamina – Tower Pertamax, 7th Floor, Gambir, Jakarta Pusat, Jakarta, IDN, 10110
PT Pertamina Geothermal Energy Tbk is engaged in geothermal activities, including in the upstream and or downstream sectors, in Indonesia and abroad, and other related or supporting business activities in the field of geothermal energy.

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