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Frasers Property (Thailand) PCL (Frasers Property (Thailand) PCL) Accounts Receivable : $17.6 Mil (As of Mar. 2024)


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What is Frasers Property (Thailand) PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Frasers Property (Thailand) PCL's accounts receivables for the quarter that ended in Mar. 2024 was $17.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Frasers Property (Thailand) PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 16.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Frasers Property (Thailand) PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.64.


Frasers Property (Thailand) PCL Accounts Receivable Historical Data

The historical data trend for Frasers Property (Thailand) 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.

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Frasers Property (Thailand) PCL Accounts Receivable Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.88 15.43 11.09 13.87 19.26

Frasers Property (Thailand) 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 16.08 18.50 19.26 18.89 17.64

Frasers Property (Thailand) PCL Accounts Receivable Calculation

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


Frasers Property (Thailand) 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.

Frasers Property (Thailand) 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
=17.635/97.07*91
=16.58

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

Frasers Property (Thailand) 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)
=(26.918+0.75 * 17.635+0.5 * 936.072-1677.715
-0-7.919)/1834.14
=-0.64

* 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.


Frasers Property (Thailand) PCL Accounts Receivable Related Terms

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Frasers Property (Thailand) PCL (Frasers Property (Thailand) PCL) Business Description

Traded in Other Exchanges
Address
Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged in the industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, and the provision of service related to rental business. The vast majority of Ticon's revenue is derived from the sale of a property, with notable rental and service income. The group and its subsidiaries operate their business in Thailand only.

Frasers Property (Thailand) PCL (Frasers Property (Thailand) PCL) Headlines

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