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PT Pelayaran Nasional Ekalya Purnamasari Tbk (ISX:ELPI) Accounts Receivable : Rp206,533 Mil (As of Mar. 2024)


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What is PT Pelayaran Nasional Ekalya Purnamasari Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Pelayaran Nasional Ekalya Purnamasari Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp206,533 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Pelayaran Nasional Ekalya Purnamasari Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 62.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Pelayaran Nasional Ekalya Purnamasari Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp11.83.


PT Pelayaran Nasional Ekalya Purnamasari Tbk Accounts Receivable Historical Data

The historical data trend for PT Pelayaran Nasional Ekalya Purnamasari 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 Pelayaran Nasional Ekalya Purnamasari Tbk Accounts Receivable Chart

PT Pelayaran Nasional Ekalya Purnamasari Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
53,748.00 30,113.00 58,957.00 105,762.00 111,320.00

PT Pelayaran Nasional Ekalya Purnamasari Tbk Quarterly Data
Dec19 Dec20 Mar21 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 134,578.00 138,875.00 236,070.00 111,320.00 206,533.00

PT Pelayaran Nasional Ekalya Purnamasari Tbk Accounts Receivable Calculation

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


PT Pelayaran Nasional Ekalya Purnamasari 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 Pelayaran Nasional Ekalya Purnamasari Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=206533/300629*91
=62.69

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

PT Pelayaran Nasional Ekalya Purnamasari Tbk'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)
=(442984+0.75 * 206533+0.5 * 80865-467493
-0-83163)/7412
=11.83

* 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 Pelayaran Nasional Ekalya Purnamasari Tbk Accounts Receivable Related Terms

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PT Pelayaran Nasional Ekalya Purnamasari Tbk (ISX:ELPI) Business Description

Traded in Other Exchanges
N/A
Address
Jl. W.R. Supratman No.23, Graha KCT, Surabaya, Jawa Timur, IDN
PT Pelayaran Nasional Ekalya Purnamasari Tbk is engaged in sea transportation and transportation support activities. The main business activities of the company include shipping and freight services, shipping agent of shipping company, oil and gas services, marine vessel rental and shipping equipment voyage, voyage representative, and sea shipping voyage business. The segments of the business are own vessel, chartered vessel, and other services, out of which the majority is from the own vessel.

PT Pelayaran Nasional Ekalya Purnamasari Tbk (ISX:ELPI) Headlines

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