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General Engineering PCL (BKK:GEL) Accounts Receivable : ฿597 Mil (As of Dec. 2024)


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What is General Engineering PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. General Engineering PCL's accounts receivables for the quarter that ended in Dec. 2024 was ฿597 Mil.

Accounts receivable can be measured by Days Sales Outstanding. General Engineering PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 61.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. General Engineering PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ฿-0.69.


General Engineering PCL Accounts Receivable Historical Data

The historical data trend for General Engineering 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.

General Engineering PCL Accounts Receivable Chart

General Engineering PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358.61 309.66 742.13 729.38 596.75

General Engineering PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 729.38 844.49 617.18 660.42 596.75

General Engineering PCL Accounts Receivable Calculation

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


General Engineering 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.

General Engineering 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
=596.751/886.317*91
=61.44

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

General Engineering 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)
=(149.57+0.75 * 596.751+0.5 * 493.347-6114.376
-0-670.238)/8612.046
=-0.69

* 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.


General Engineering PCL Accounts Receivable Related Terms

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General Engineering PCL Business Description

Traded in Other Exchanges
Address
44/2 Moo 2 Tivanont Road, Bangkadi, Muang Pathumthani, Pathumthani, Pathumthani, THA, 12000
General Engineering PCL is engaged in the manufacturing and selling of construction material, prestressed concrete piles, precast concrete, glass fiber reinforced concrete, cementation products and post-tensioned slab, prestressed spun concrete piles, the special qualified PC wire and PC Strand and providing the construction and installation services for such products. Its operating segments are Manufacturing and distribution of concrete products, which is the key revenue-generating segment; Construction services; and Manufacturing and distribution of PC wire and PC strand. The company and its subsidiaries operate in Thailand only.