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DMCI Holdings (PHS:DMC) Accounts Receivable : ₱19,276 Mil (As of Dec. 2023)


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What is DMCI Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DMCI Holdings's accounts receivables for the quarter that ended in Dec. 2023 was ₱19,276 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DMCI Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 57.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DMCI Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₱-4.40.


DMCI Holdings Accounts Receivable Historical Data

The historical data trend for DMCI Holdings'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.

DMCI Holdings Accounts Receivable Chart

DMCI Holdings 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 15,457.03 19,328.78 20,812.32 22,922.28 19,276.06

DMCI Holdings 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 22,922.28 27,358.32 22,261.94 19,695.28 19,276.06

DMCI Holdings Accounts Receivable Calculation

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


DMCI Holdings 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.

DMCI Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19276.06/30434.391*91
=57.79

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

DMCI Holdings'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)
=(32158.078+0.75 * 19276.06+0.5 * 67902.205-110558.073
-0-28415.911)/13277.5
=-4.40

* 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.


DMCI Holdings Accounts Receivable Related Terms

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DMCI Holdings (PHS:DMC) Business Description

Traded in Other Exchanges
Address
2281 Don Chino Roces Avenue, 3rd Floor, Dacon Building, Makati, PHL, 1231
DMCI Holdings is an engineering conglomerate in the Philippines, primarily operating in construction, real estate development, power generation, mining, water distribution, and manufacturing. The activities of the company include construction-related businesses such as production and trading of concrete products, exploration, mining, and development of coal resources, mining and selling nickel ore, residential development, power generation through coal-fired power plants and satellite power plants, and water services. It organizes its business into seven operating segments: constructions and others; coal mining; nickel mining; real estate; on-grid power; off-grid power; and water. Majority of revenue is generated from coal mining segment.

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