GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Asia Green Energy PCL (BKK:AGE) » Definitions » Accounts Receivable

Asia Green Energy PCL (BKK:AGE) Accounts Receivable : ฿2,596 Mil (As of Jun. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Asia Green Energy PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asia Green Energy PCL's accounts receivables for the quarter that ended in Jun. 2024 was ฿2,596 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asia Green Energy PCL's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 68.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asia Green Energy PCL's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ฿-2.00.


Asia Green Energy PCL Accounts Receivable Historical Data

The historical data trend for Asia Green Energy 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.

Asia Green Energy PCL Accounts Receivable Chart

Asia Green Energy 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 1,042.86 1,872.18 2,033.90 3,262.75 1,983.00

Asia Green Energy PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2,318.96 1,961.15 1,983.00 2,493.87 2,596.45

Asia Green Energy PCL Accounts Receivable Calculation

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


Asia Green Energy 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.

Asia Green Energy PCL's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2596.454/3472.614*91
=68.23

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

Asia Green Energy PCL's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(147.873+0.75 * 2596.454+0.5 * 2345.599-5640.261
-0-17.482)/1196.52
=-2.00

* 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.


Asia Green Energy PCL Accounts Receivable Related Terms

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


Asia Green Energy PCL Business Description

Traded in Other Exchanges
N/A
Address
273/1 Rama II Road, Samaedum, Bangkhuntien, Bangkok, THA, 10150
Asia Green Energy PCL is engaged in the distribution of coal for industrial use. The company's operation consists of importing and distributing the business of clean Bituminous coal from Indonesia and distributing it both inside and outside the country. The company is organized into business units based on its products and services and has two segments, the Coal business segment, and the Logistic business. The company earns maximum revenue from the coal business.