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Siam Steel Service Center PCL (BKK:SSSC) Change In Receivables : ฿105 Mil (TTM As of Mar. 2024)


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What is Siam Steel Service Center PCL Change In Receivables?

Siam Steel Service Center PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿39 Mil. It means Siam Steel Service Center PCL's Accounts Receivable declined by ฿39 Mil from Dec. 2023 to Mar. 2024 .

Siam Steel Service Center PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿68 Mil. It means Siam Steel Service Center PCL's Accounts Receivable declined by ฿68 Mil from Dec. 2022 to Dec. 2023 .

Siam Steel Service Center PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿1,174 Mil.

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 Receivable are being managed. Siam Steel Service Center PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 88.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Siam Steel Service Center PCL's liquidation value for the three months ended in Mar. 2024 was ฿1,082 Mil.


Siam Steel Service Center PCL Change In Receivables Historical Data

The historical data trend for Siam Steel Service Center PCL's Change In Receivables 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.

Siam Steel Service Center PCL Change In Receivables Chart

Siam Steel Service Center PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.59 90.47 -404.64 25.65 68.41

Siam Steel Service Center PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 3.01 11.31 34.63 19.46 39.38

Siam Steel Service Center PCL Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿105 Mil.

* 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.


Siam Steel Service Center PCL  (BKK:SSSC) Change In Receivables 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 Receivable are being managed.

Siam Steel Service Center PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1173.743/1210.24*91
=88.50

2. In Ben Graham's calculation of liquidation value, Siam Steel Service Center PCL's accounts receivable are only considered to be worth 75% of book value:

Siam Steel Service Center PCL's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=149.569-646.47+0.75 * 1173.743+0.5 * 1397.295
=1,082

* 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.


Siam Steel Service Center PCL Change In Receivables Related Terms

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Siam Steel Service Center PCL (BKK:SSSC) Business Description

Traded in Other Exchanges
N/A
Address
51/3 Moo 2 Poochao - Samingprai Road, Tumbon Bangyaprak, Amphur Phrapradeang, Samutprakarn, THA, 10130
Siam Steel Service Center PCL is a Thailand based company engaged in the manufacturing business of accessories made from steel, installing metal roofing and wall panels, and steel cutting services. It has a business presence in Thailand, Vietnam, Cambodia, Myanmar and Malaysia, of which a majority of revenue is derived from Thailand.

Siam Steel Service Center PCL (BKK:SSSC) Headlines

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