What is PT Astra Agro Lestari Tbk Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Astra Agro Lestari Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp711,986 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
PT Astra Agro Lestari Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 13.54.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Astra Agro Lestari Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-1,216.02.
PT Astra Agro Lestari Tbk Accounts Receivable Historical Data
* 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.
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 Astra Agro Lestari Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), PT Astra Agro Lestari Tbk's accounts receivable are only considered to be worth 75% of book value:
PT Astra Agro Lestari Tbk's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:
* 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 Astra Agro Lestari Tbk Accounts Receivable Related Terms
Thank you for viewing the detailed overview of PT Astra Agro Lestari Tbk's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Astra Agro Lestari Tbk (ISX:AALI) Business Description
PT Astra Agro Lestari Tbk cultivates oil palm plantations and operates several oil palm mills and refineries in Southeast Asia. The company produces crude palm oil and palm kernel oil from its own plantations. Additionally, it purchases products harvested from oil palm trees from smaller third parties in communities surrounding its own plantations. The oils and products harvested are shipped to oil mills and refineries as the company can generate multiple uses from a single plant. Astra Agro Lestari has established marketing offices to help export its refined product to various regions located throughout Asia. It has implemented mechanization, automation, and a water management system to streamline processes and enhance efficiency.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ISX:AALI has been successfully added to your 