CH. Karnchang PCL (BKK:CK-F) Accounts Receivable : ฿3,778 Mil (As of Mar. 2024)

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What is CH. Karnchang PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CH. Karnchang PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿3,778 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CH. Karnchang PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 36.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CH. Karnchang PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-37.30.

CH. Karnchang PCL Accounts Receivable Historical Data

The historical data trend for CH. Karnchang 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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CH. Karnchang PCL Accounts Receivable Chart

CH. Karnchang PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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2,383.19

2,422.17

1,238.71

2,147.88

4,177.04

CH. Karnchang 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															9,150.28	2,544.17	3,952.81	4,177.04	3,777.62

CH. Karnchang PCL Accounts Receivable Calculation

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

CH. Karnchang 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.

CH. Karnchang 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
=	3777.621	/	9457.705	*	91
=	36.45

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

CH. Karnchang 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)
=	(6605.389	+	0.75 * 3777.621	+	0.5 * 1053.688	-	72579.679
-	0	-	572.891)	/	1693.9
=	-37.30

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.

CH. Karnchang PCL Accounts Receivable Related Terms

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CH. Karnchang PCL (BKK:CK-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CH. Karnchang PCL (BKK:CK-F) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CK:Thailand

Address

587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400

Website

https://www.ch-karnchang.co.th

CH. Karnchang PCL completes various construction and infrastructure projects. It accepts orders from government agencies, state enterprises, and private entities. The company operates as a main contractor, winning contracts through the bidding process and negotiations, or as a subcontractor for other entities. The company has two operating segments: construction & related service (the majority of total sales) and investment in the infrastructure business. Infrastructure projects are primarily related to transportation, water treatment systems, and energy production. In certain situations, Ch Karnchang receives concessions from government entities to build public systems and may receive the rights to continue operation upon completion. The majority of its revenue is derived from Thailand.

CH. Karnchang PCL (BKK:CK-F) Headlines

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