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PT Ace Hardware Indonesia Tbk (PT Ace Hardware Indonesia Tbk) Accounts Receivable : $12.9 Mil (As of Dec. 2023)


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What is PT Ace Hardware Indonesia Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Ace Hardware Indonesia Tbk's accounts receivables for the quarter that ended in Dec. 2023 was $12.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Ace Hardware Indonesia Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 8.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Ace Hardware Indonesia Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.01.


PT Ace Hardware Indonesia Tbk Accounts Receivable Historical Data

The historical data trend for PT Ace Hardware Indonesia 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 Ace Hardware Indonesia Tbk Accounts Receivable Chart

PT Ace Hardware Indonesia 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 6.40 10.17 4.68 5.46 12.88

PT Ace Hardware Indonesia 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 5.46 4.83 6.41 7.16 12.88

PT Ace Hardware Indonesia Tbk Accounts Receivable Calculation

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


PT Ace Hardware Indonesia 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 Ace Hardware Indonesia 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
=12.883/137.406*91
=8.56

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

PT Ace Hardware Indonesia 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)
=(150.557+0.75 * 12.883+0.5 * 172.869-101.639
-0-2.791)/17120.4
=0.01

* 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 Ace Hardware Indonesia Tbk Accounts Receivable Related Terms

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PT Ace Hardware Indonesia Tbk (PT Ace Hardware Indonesia Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Puri Kencana No. 1, Kawan Lama Building, Kembangan Selatan, Jakarta, IDN, 11610
PT Ace Hardware Indonesia Tbk is an Indonesian company that produces household appliances and lifestyle products. The company operates across a network of cities in Indonesia. Ace Hardware segments its activities into a Home Improvement unit that includes hardware, cleaning aids, lighting, paint, and other products, and a Lifestyle unit that includes automotive, furniture, and home appliances. Through its subsidiary, PT Toys Game Indonesia, the company is also engaged in the toy retail industry. The company's home improvement and lifestyle product retail stores operate under the Ace brand, while the company's toy business operates under the Toys Kingdom brand. The majority of the company's revenue is derived from sales of its home improvement products.

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