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PT Merdeka Copper Gold Tbk (PT Merdeka Copper Gold Tbk) Accounts Receivable : $121 Mil (As of Dec. 2023)


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What is PT Merdeka Copper Gold Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Merdeka Copper Gold Tbk's accounts receivables for the quarter that ended in Dec. 2023 was $121 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Merdeka Copper Gold Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 20.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Merdeka Copper Gold Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.13.


PT Merdeka Copper Gold Tbk Accounts Receivable Historical Data

The historical data trend for PT Merdeka Copper Gold 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.

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PT Merdeka Copper Gold Tbk Accounts Receivable Chart

PT Merdeka Copper Gold 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 0.24 2.05 0.59 65.88 120.59

PT Merdeka Copper Gold 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 65.88 30.23 132.13 165.96 120.59

PT Merdeka Copper Gold Tbk Accounts Receivable Calculation

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


PT Merdeka Copper Gold 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 Merdeka Copper Gold 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
=120.59/536.603*91
=20.51

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

PT Merdeka Copper Gold 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)
=(561.243+0.75 * 120.59+0.5 * 443.613-2200.204
-0-1837.181)/24044.7
=-0.13

* 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 Merdeka Copper Gold Tbk Accounts Receivable Related Terms

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PT Merdeka Copper Gold Tbk (PT Merdeka Copper Gold Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. It is engaged in the mining businesses, encompassing the exploration and future production of gold, silver, copper and other related minerals. The company's operations and projects consist of Tujuh Bukit Gold, Wetar Copper, Tujuh Bukit Copper, Pani Gold, and Wetar Morowali AIM. Its geographical segment includes Hong Kong, Singapore, Switzerland, Korea, Monaco, Indonesia, and China.

PT Merdeka Copper Gold Tbk (PT Merdeka Copper Gold Tbk) Headlines

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