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Euro Creations PCL (BKK:EURO) Accounts Receivable : ฿76 Mil (As of Dec. 2024)


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What is Euro Creations PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Euro Creations PCL's accounts receivables for the quarter that ended in Dec. 2024 was ฿76 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Euro Creations PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 17.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Euro Creations PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ฿-1.38.


Euro Creations PCL Accounts Receivable Historical Data

The historical data trend for Euro Creations 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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Euro Creations PCL Accounts Receivable Chart

Euro Creations PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
89.66 99.30 53.61 62.92 76.16

Euro Creations PCL Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.92 101.74 72.78 107.33 76.16

Euro Creations PCL Accounts Receivable Calculation

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


Euro Creations 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.

Euro Creations PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=76.16/391.332*91
=17.76

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

Euro Creations PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(247.065+0.75 * 76.16+0.5 * 800.386-1122.69
-0-2.725)/305.000
=-1.38

* 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.


Euro Creations PCL Accounts Receivable Related Terms

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Euro Creations PCL Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, 1050 Soi Sukhumvit 66/1, Phra Khanong Tai Subdistrict, Phra Khanong District, Bangkok, THA, 10260
Euro Creations PCL is a decor company in Thailand. It provides European designer luxury furnishings and offers an extensive range of services and categories such as Bathroom, Bedroom, Dining room, Home Accessories, Kitchen, Lighting, Living room, Outdoor and Wardrobe furnishings. The company has two segments including business to consumer segment and business to business segments. The company generates the majority of its revenue from business-to-business segments.

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