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PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Accounts Receivable : $197 Mil (As of Dec. 2023)


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What is PT Indo Tambangraya Megah Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Indo Tambangraya Megah Tbk's accounts receivables for the quarter that ended in Dec. 2023 was $197 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Indo Tambangraya Megah Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 32.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Indo Tambangraya Megah Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $1.15.


PT Indo Tambangraya Megah Tbk Accounts Receivable Historical Data

The historical data trend for PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk Accounts Receivable Chart

PT Indo Tambangraya Megah Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.64 74.66 186.81 280.48 197.45

PT Indo Tambangraya Megah Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 280.48 211.15 198.88 151.95 197.45

PT Indo Tambangraya Megah Tbk Accounts Receivable Calculation

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


PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=197.449/547.653*91
=32.90

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

PT Indo Tambangraya Megah Tbk's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(851.149+0.75 * 197.449+0.5 * 97.971-399.307
-0-0.961)/564.963
=1.15

* 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 Indo Tambangraya Megah Tbk Accounts Receivable Related Terms

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PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Jakarta, IDN, 12310
PT Indo Tambangraya Megah Tbk is an Indonesia-based coal mining company. It operates in three segments: Upstream business, which includes coal mining, blending, and sales; Energy supply chain management segment includes fuel distribution, sales, and logistics, as well as empowerment of internal mining contractors; and Downstream segment includes the development of power plants and renewable energy ventures. The company's geographical segments include Taiwan, China, Hong Kong, and Korea; Domestic; South East Asia (excluding Indonesia), India, and Pakistan; Japan; Europe; and Australia & Oceania.

PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Headlines