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2S Metal PCL (BKK:2S) Accounts Receivable : ฿379 Mil (As of Dec. 2024)


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What is 2S Metal PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 2S Metal PCL's accounts receivables for the quarter that ended in Dec. 2024 was ฿379 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 2S Metal PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 20.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 2S Metal PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ฿1.36.


2S Metal PCL Accounts Receivable Historical Data

The historical data trend for 2S Metal 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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2S Metal PCL Accounts Receivable Chart

2S Metal PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 275.38 363.55 328.15 338.78 378.83

2S Metal PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 338.78 489.58 510.18 401.12 378.83

2S Metal PCL Accounts Receivable Calculation

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


2S Metal 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.

2S Metal PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=378.828/1720.233*91
=20.09

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

2S Metal PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(240.297+0.75 * 378.828+0.5 * 751.986-154.321
-0--2.988)/549.996
=1.36

* 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.


2S Metal PCL Accounts Receivable Related Terms

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2S Metal PCL Business Description

Traded in Other Exchanges
N/A
Address
8/5 Moo 14, Tambon Thachang, Amphur Bangklam, Songkhla Province, Songkhla, THA, 90110
2S Metal PCL is a Thailand-based company engaged in the manufacture, distribution, and trade of steel products. It is principally involved in the manufacturing of steel pipes, steel plates, light lip channels, and steel wire mesh and the trading of steel products. The company's operating segments are trading of steel products including raw material and production and distribution of steel products. A majority of its revenue is generated from the production and distribution of steel products. Geographically, it derives maximum revenue from the local market and the rest from the Lao People's Democratic Republic.

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