GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PTT Exploration & Production PCL (OTCPK:PEXNY) » Definitions » Accounts Receivable

PTT Exploration & Production PCL (PTT Exploration & Production PCL) Accounts Receivable : $1,048 Mil (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is PTT Exploration & Production PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PTT Exploration & Production PCL's accounts receivables for the quarter that ended in Mar. 2024 was $1,048 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PTT Exploration & Production PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 45.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PTT Exploration & Production PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-2.92.


PTT Exploration & Production PCL Accounts Receivable Historical Data

The historical data trend for PTT Exploration & Production PCL'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.

PTT Exploration & Production PCL Accounts Receivable Chart

PTT Exploration & Production PCL 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 792.67 571.33 792.99 990.53 1,099.51

PTT Exploration & Production PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 699.46 706.14 1,089.98 1,099.51 1,048.05

PTT Exploration & Production PCL Accounts Receivable Calculation

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


PTT Exploration & Production PCL 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.

PTT Exploration & Production 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
=1048.052/2106.708*91
=45.40

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

PTT Exploration & Production PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(5319.68+0.75 * 1048.052+0.5 * 614.004-12204.867
-0-5.977)/1984.99
=-2.92

* 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.


PTT Exploration & Production PCL Accounts Receivable Related Terms

Thank you for viewing the detailed overview of PTT Exploration & Production PCL's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


PTT Exploration & Production PCL (PTT Exploration & Production PCL) Business Description

Address
Vibhavadi-Rangsit Road, 555/1 Energy Complex Building A, 6th and 19th –36th Floor, Chatuchak, Bangkok, THA, 10900
PTT Exploration & Production PCL operates oil and gas production, development, and exploration projects globally. Projects are composed of both onshore and offshore operations and are sometimes underpinned by partnerships with other producers. Traditionally, natural gas has been the leading revenue generator for the group, however, sales have also been generated from crude oil, liquefied petroleum gas, condensate and bitumen. Alongside exploration and production activities, the company also engages in technology services, property leasing, gas transmission, and other businesses through subsidiaries.

PTT Exploration & Production PCL (PTT Exploration & Production PCL) Headlines