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Ama Marine PCL (BKK:AMA) Accounts Receivable : ฿244 Mil (As of Mar. 2024)


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What is Ama Marine PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ama Marine PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿244 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ama Marine PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 28.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ama Marine PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-2.64.


Ama Marine PCL Accounts Receivable Historical Data

The historical data trend for Ama Marine 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.

Ama Marine PCL Accounts Receivable Chart

Ama Marine 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 76.17 60.43 177.61 175.60 229.26

Ama Marine 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 181.67 188.95 204.51 229.26 243.79

Ama Marine PCL Accounts Receivable Calculation

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


Ama Marine 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.

Ama Marine 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
=243.79/779.075*91
=28.55

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

Ama Marine 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)
=(279.676+0.75 * 243.79+0.5 * 117.015-1810.442
-0-79.53)/517.917
=-2.64

* 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.


Ama Marine PCL Accounts Receivable Related Terms

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Ama Marine PCL (BKK:AMA) Business Description

Traded in Other Exchanges
N/A
Address
Room No. TNA02, TNA03, Rama 9 Road, 33/4 The Nine Tower A, 33rd Floor, Huaykwang, Bangkok, THA, 10310
Ama Marine PCL is a Thailand based company engages in the provision of marine transportation services in the Southeast Asia region. It operates through the following segments: Marine transportation services segment which rendered in the Southeast Asia region and Logistic services segment virtually in Thailand by transportation of fuel oil and gas. It provides international liquid logistic services by tankers for various liquid products, including palm oil, vegetable oil, and other chemicals.

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