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GFPT PCL (BKK:GFPT-F) Accounts Receivable : ฿930 Mil (As of Mar. 2024)


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What is GFPT PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GFPT PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿930 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GFPT PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 18.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GFPT PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-2.36.


GFPT PCL Accounts Receivable Historical Data

The historical data trend for GFPT 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.

GFPT PCL Accounts Receivable Chart

GFPT PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 772.88 613.51 695.36 920.10 935.54

GFPT 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 852.95 1,025.42 996.44 935.54 930.40

GFPT PCL Accounts Receivable Calculation

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


GFPT 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.

GFPT 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
=930.399/4526.836*91
=18.75

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

GFPT 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)
=(2286.314+0.75 * 930.399+0.5 * 4030.753-7842.133
-0-134.879)/1259.297
=-2.36

* 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.


GFPT PCL Accounts Receivable Related Terms

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GFPT PCL (BKK:GFPT-F) Business Description

Traded in Other Exchanges
Address
No.312, Rama II Road, Bangmod, Jomthong, Bangkok, THA, 10150
GFPT PCL is the parent company of the group that produces and distributes frozen chicken meat, processed chicken, and its byproducts for markets in Thailand and internationally. The company has many subsidiaries, each operating a specific step within the vertically integrated process of chicken and livestock products. The group has seven segments: Evisceration Chicken, Broiler Farm, Feed Mill, Parent Chickens, Chicks Distribution, Processed Food Production and Distribution, and Grandparent Chickens. Evisceration chicken accounts for a large portion of sales.

GFPT PCL (BKK:GFPT-F) Headlines

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