GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kasikornbank Public Co Ltd (OTCPK:KPCUF) » Definitions » Accounts Receivable

Kasikornbank Public Co (Kasikornbank Public Co) Accounts Receivable : $450 Mil (As of Dec. 2023)


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

What is Kasikornbank Public Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kasikornbank Public Co's accounts receivables for the quarter that ended in Dec. 2023 was $450 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kasikornbank Public Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 22.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kasikornbank Public Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-36.95.


Kasikornbank Public Co Accounts Receivable Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Accounts Receivable Chart

Kasikornbank Public Co 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 103.82 382.31 498.68 486.37 450.33

Kasikornbank Public Co 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 486.37 - 480.62 - 450.33

Kasikornbank Public Co Accounts Receivable Calculation

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


Kasikornbank Public Co 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.

Kasikornbank Public Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=450.33/1800.633*91
=22.82

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

Kasikornbank Public Co'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)
=(19341.262+0.75 * 450.33+0.5 * 0-105392.101
-0-1845.303)/2369.33
=-36.95

* 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.


Kasikornbank Public Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Kasikornbank Public Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Kasikornbank Public Co (Kasikornbank Public Co) Business Description

Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (Kasikornbank Public Co) Headlines

From GuruFocus

Ken Fisher for Forbes - 'Bet On The Bulls, Not The Sheep'

By Holly LaFon Holly LaFon 07-06-2015

Brandes Funds Comments on Kasikornbank

By Holly LaFon Holly LaFon 08-24-2016