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Airports Of Thailand (Airports Of Thailand) Accounts Receivable : $400 Mil (As of Dec. 2023)


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What is Airports Of Thailand Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Airports Of Thailand's accounts receivables for the quarter that ended in Dec. 2023 was $400 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Airports Of Thailand's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 81.33.

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


Airports Of Thailand Accounts Receivable Historical Data

The historical data trend for Airports Of Thailand'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.

Airports Of Thailand Accounts Receivable Chart

Airports Of Thailand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.22 102.80 109.87 102.11 339.52

Airports Of Thailand 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 121.35 189.34 295.45 339.52 400.22

Airports Of Thailand Accounts Receivable Calculation

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


Airports Of Thailand 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.

Airports Of Thailand's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=400.223/449.033*91
=81.33

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

Airports Of Thailand'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)
=(130.482+0.75 * 400.223+0.5 * 8.308-2217.893
-0-52.389)/14285.7
=-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.


Airports Of Thailand Accounts Receivable Related Terms

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Airports Of Thailand (Airports Of Thailand) Business Description

Address
No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

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