GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Apex Development PCL (BKK:APEX) » Definitions » Accounts Receivable

Apex Development PCL (BKK:APEX) Accounts Receivable : ฿0.00 Mil (As of Dec. 2022)


View and export this data going back to 1990. Start your Free Trial

What is Apex Development PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Apex Development PCL's accounts receivables for the quarter that ended in Dec. 2022 was ฿0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Apex Development PCL's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Apex Development PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ฿-0.60.


Apex Development PCL Accounts Receivable Historical Data

The historical data trend for Apex Development 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.

Apex Development PCL Accounts Receivable Chart

Apex Development PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Apex Development PCL Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - - - -

Apex Development PCL Accounts Receivable Calculation

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


Apex Development 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.

Apex Development PCL's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/6.392*91
=0.00

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

Apex Development PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(0.318+0.75 * 0+0.5 * 1865.584-3356.732
-0-0)/4034.5
=-0.60

* 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.


Apex Development PCL Accounts Receivable Related Terms

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


Apex Development PCL (BKK:APEX) Business Description

Traded in Other Exchanges
N/A
Address
18th floor, Zone A, Ploenjit Road, 900 Tonson tower, Lumpini, Pathumwan, Bangkok, THA, 10330
Apex Development PCL develops real estate for sale and operation for types of condominiums and hotels and operation of rental management. The company develops and sells residential properties, commercial buildings, hotels, retirement, and medical care resorts, and shopping complexes to investors and individual buyers. A majority of the revenue is derived from the real estate development business. Moreover, APEX provides service for the customer to operate apartments and villas for rent, whereas APEX will charge a management fee and pay the investment return to the customer as a contract.