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PT Global Mediacom Tbk (PT Global Mediacom Tbk) Accounts Receivable : $225.9 Mil (As of Dec. 2023)


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What is PT Global Mediacom Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Global Mediacom Tbk's accounts receivables for the quarter that ended in Dec. 2023 was $225.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Global Mediacom Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 153.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Global Mediacom Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.05.


PT Global Mediacom Tbk Accounts Receivable Historical Data

The historical data trend for PT Global Mediacom 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 Global Mediacom Tbk Accounts Receivable Chart

PT Global Mediacom 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 230.65 239.62 235.42 222.88 225.87

PT Global Mediacom 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 222.88 233.58 233.02 225.92 225.87

PT Global Mediacom Tbk Accounts Receivable Calculation

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


PT Global Mediacom 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 Global Mediacom 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
=225.866/134.317*91
=153.45

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

PT Global Mediacom 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)
=(167.397+0.75 * 225.866+0.5 * 263.901-494.181
-0-782.875)/16352.5
=-0.05

* 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 Global Mediacom Tbk Accounts Receivable Related Terms

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PT Global Mediacom Tbk (PT Global Mediacom Tbk) Business Description

Traded in Other Exchanges
Address
Jl. Kebon Sirih Kav. 17 - 19, MNC Tower, 27th Floor, Jakarta Pusat, IDN, 1034
PT Global Mediacom Tbk is a diversified media company, primarily operating in the entertainment industry. The company operates in two business segments: advertising and content, pay TV, and broadband. Its largest segment, advertising, and content, provides advertisement-based media, subscriber-based media, and free-to-air media content. The pay-TV and broadband segment distributes television channels and has other businesses, such as radio and print media. The other business segment creates mobile app games, among many other ventures. The company generates the vast majority of its revenue in Indonesia.

PT Global Mediacom Tbk (PT Global Mediacom Tbk) Headlines

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