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Eastern Polymer Group PCL (BKK:EPG) Accounts Receivable : ฿2,777 Mil (As of Mar. 2024)


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What is Eastern Polymer Group PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eastern Polymer Group PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿2,777 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eastern Polymer Group PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 71.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eastern Polymer Group PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-0.72.


Eastern Polymer Group PCL Accounts Receivable Historical Data

The historical data trend for Eastern Polymer Group 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.

Eastern Polymer Group PCL Accounts Receivable Chart

Eastern Polymer Group PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,587.74 1,624.20 1,966.79 2,268.80 2,777.27

Eastern Polymer Group 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 2,268.80 2,301.89 2,457.04 2,439.60 2,777.27

Eastern Polymer Group PCL Accounts Receivable Calculation

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


Eastern Polymer Group 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.

Eastern Polymer Group 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
=2777.266/3525.994*91
=71.87

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

Eastern Polymer Group 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)
=(1404.05+0.75 * 2777.266+0.5 * 3735.391-7312.017
-0-52.542)/2800
=-0.72

* 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.


Eastern Polymer Group PCL Accounts Receivable Related Terms

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Eastern Polymer Group PCL (BKK:EPG) Business Description

Traded in Other Exchanges
N/A
Address
770 Moo 6, Theparak Road, Theparak Subdistrict, Muang Samutprakarn, Samut Prakarn, Bangkok, THA, 10270
Eastern Polymer Group PCL operates companies that manufacture and distributes rubber pipes, synthetic rubber, plastic sheets, aero ducts, insulation tapes, rubber seals, and other products internationally. Operations are divided into four divisions: Rubber insulation, Automotive plastics, Packaging plastics, and Others. The company also engages in the import and export of machinery and chemicals, and the assembly and distribution of molded plastic parts. The majority of the company's activities are conducted in Thailand. Research, development, and testing laboratories are pivotal to the company's continued development of rubber and plastic products that can meet a host of regulations and requirements.

Eastern Polymer Group PCL (BKK:EPG) Headlines

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