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Bangkok Lab and Cosmetic PCL (BKK:BLC) Accounts Receivable : ฿327 Mil (As of Mar. 2024)


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What is Bangkok Lab and Cosmetic PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bangkok Lab and Cosmetic PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿327 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bangkok Lab and Cosmetic PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 81.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bangkok Lab and Cosmetic PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿1.34.


Bangkok Lab and Cosmetic PCL Accounts Receivable Historical Data

The historical data trend for Bangkok Lab and Cosmetic 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.

Bangkok Lab and Cosmetic PCL Accounts Receivable Chart

Bangkok Lab and Cosmetic PCL Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
244.93 301.98 346.50

Bangkok Lab and Cosmetic PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 332.31 294.57 287.17 346.50 326.91

Bangkok Lab and Cosmetic PCL Accounts Receivable Calculation

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


Bangkok Lab and Cosmetic 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.

Bangkok Lab and Cosmetic 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
=326.907/365.113*91
=81.70

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

Bangkok Lab and Cosmetic 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)
=(955.481+0.75 * 326.907+0.5 * 396.005-575.842
-0-21.114)/600
=1.34

* 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.


Bangkok Lab and Cosmetic PCL Accounts Receivable Related Terms

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Bangkok Lab and Cosmetic PCL (BKK:BLC) Business Description

Traded in Other Exchanges
N/A
Address
Nong Chae Sao Road, No. 48/1 Moo 5, Nam Phu, Mueang Ratchaburi, Ratchaburi, Bangkok, THA, 70000
Bangkok Lab and Cosmetic PCL are one of Thailand's comprehensive healthcare solutions groups. Its operation covers the complete value chain of the healthcare business. Its product portfolio comprises generic and new generic drugs, herbal medicines, animal medicines, cosmetics, food supplements, and other health products. Its operation ranges from research and development, manufacturing with international standards, sales, and marketing, to distribution to partnering businesses and customers.

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