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PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Accounts Receivable : Rp376,948 Mil (As of Mar. 2024)


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What is PT Mandiri Herindo Adiperkasa Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Mandiri Herindo Adiperkasa Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp376,948 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Mandiri Herindo Adiperkasa Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 55.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Mandiri Herindo Adiperkasa Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp4.29.


PT Mandiri Herindo Adiperkasa Tbk Accounts Receivable Historical Data

The historical data trend for PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Accounts Receivable Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
131,789.87 126,867.18 191,521.62 325,908.18

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 191,521.62 197,525.21 241,080.85 325,908.18 376,947.80

PT Mandiri Herindo Adiperkasa Tbk Accounts Receivable Calculation

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


PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa 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
=376947.797/622679.482*91
=55.24

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

PT Mandiri Herindo Adiperkasa 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)
=(470738.625+0.75 * 376947.797+0.5 * 81639.285-707519.668
-0-15198.995)/16666
=4.29

* 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 Mandiri Herindo Adiperkasa Tbk Accounts Receivable Related Terms

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PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Business Description

Traded in Other Exchanges
N/A
Address
Senopati Raya No. 8B, Office 8, Floor 31, SCBD Lot 28, Jakarta, IDN, 12190
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. Mandiri Services strives to provide safe, efficient, and effective mining services. Its focus is to provide prosperity and energy to the people of Indonesia through consistent and sustainable innovation toward a better future. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers and dump trucks with variations in payload capacity and equipment specifications according to the needs of the employer.

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Headlines

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