GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PT Eterindo Wahanatama Tbk (ISX:ETWA) » Definitions » Accounts Receivable

PT Eterindo Wahanatama Tbk (ISX:ETWA) Accounts Receivable : Rp29,058.89 Mil (As of Sep. 2023)


View and export this data going back to 1997. Start your Free Trial

What is PT Eterindo Wahanatama Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Eterindo Wahanatama Tbk's accounts receivables for the quarter that ended in Sep. 2023 was Rp29,058.89 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Eterindo Wahanatama Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 440,395.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Eterindo Wahanatama Tbk's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was Rp-276.00.


PT Eterindo Wahanatama Tbk Accounts Receivable Historical Data

The historical data trend for PT Eterindo Wahanatama 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 Eterindo Wahanatama Tbk Accounts Receivable Chart

PT Eterindo Wahanatama Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 2,231.38 44,406.19 21,246.10 21,523.33 29,069.22

PT Eterindo Wahanatama Tbk Quarterly Data
Dec17 Dec18 Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 29,100.57 29,069.22 29,052.68 29,052.20 29,058.89

PT Eterindo Wahanatama Tbk Accounts Receivable Calculation

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


PT Eterindo Wahanatama 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 Eterindo Wahanatama Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29058.888/6.021*91
=440,395.87

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

PT Eterindo Wahanatama Tbk'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)
=(313.751+0.75 * 29058.888+0.5 * 5713.54-1314062.032
-0--563.435)/4668.67
=-276.00

* 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 Eterindo Wahanatama Tbk Accounts Receivable Related Terms

Thank you for viewing the detailed overview of PT Eterindo Wahanatama Tbk's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Eterindo Wahanatama Tbk (ISX:ETWA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav.79, Prudential Tower 20th, Jakarta, IDN, 12910
PT Eterindo Wahanatama Tbk is engaged in integrated Palm Oil Plantation and Biodiesel industry, trading of chemical products. The company offers biodiesel for motor vehicles, steam boilers, oil furnaces, generators; and trades in specialty chemical products, including fatty acid methyl ester and other chemicals. The business segment of the company include FAME, Other Chemicals and Fresh Fruit Bunch. The company makes majority of its revenue from Other Chemicals segment.

PT Eterindo Wahanatama Tbk (ISX:ETWA) Headlines

No Headlines