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PTFC Redevelopment (PHS:TFC) Accounts Receivable : ₱19.8 Mil (As of Feb. 2024)


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What is PTFC Redevelopment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PTFC Redevelopment's accounts receivables for the quarter that ended in Feb. 2024 was ₱19.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PTFC Redevelopment's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 32.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PTFC Redevelopment's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was ₱9.60.


PTFC Redevelopment Accounts Receivable Historical Data

The historical data trend for PTFC Redevelopment'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.

PTFC Redevelopment Accounts Receivable Chart

PTFC Redevelopment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.91 14.34 11.95 15.51 16.74

PTFC Redevelopment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 17.70 14.14 16.74 18.72 19.85

PTFC Redevelopment Accounts Receivable Calculation

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


PTFC Redevelopment 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.

PTFC Redevelopment's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.848/55.553*91
=32.60

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

PTFC Redevelopment's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(393.767+0.75 * 19.848+0.5 * 0.526-72.808
-0-0)/35
=9.60

* 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.


PTFC Redevelopment Accounts Receivable Related Terms

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PTFC Redevelopment (PHS:TFC) Business Description

Traded in Other Exchanges
N/A
Address
802 A. Bonifacio Street, Balintawak, Quezon, QUE, PHL, 1105
PTFC Redevelopment Corp has its primary purpose to deal, engage or acquire an interest in land or real estate development. It operates in one segment: Leasing Activities. Rental services generate maximum revenue for the company. Geographically it caters its services only to the Philippines market. The company's portfolio consists of commercial, industrial, mini, and personal (self) storage spaces. It also provides office rental services for businesses and individuals. It also provides facilities such as Mini/Self-Storage, Baesa Warehouses and Balintawak Warehouses.