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Heng Leasing and Capital PCL (BKK:HENG-R) Accounts Receivable : ฿394 Mil (As of Mar. 2025)


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What is Heng Leasing and Capital PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Heng Leasing and Capital PCL's accounts receivables for the quarter that ended in Mar. 2025 was ฿394 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Heng Leasing and Capital PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 60.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Heng Leasing and Capital PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ฿-1.74.


Heng Leasing and Capital PCL Accounts Receivable Historical Data

The historical data trend for Heng Leasing and Capital 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.

Heng Leasing and Capital PCL Accounts Receivable Chart

Heng Leasing and Capital PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 42.59 93.43 147.24 309.60 396.12

Heng Leasing and Capital PCL Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 324.69 356.68 366.65 396.12 393.85

Heng Leasing and Capital PCL Accounts Receivable Calculation

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


Heng Leasing and Capital 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.

Heng Leasing and Capital PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=393.85/590.129*91
=60.90

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

Heng Leasing and Capital PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(132.238+0.75 * 393.85+0.5 * 0-7048.322
-0-0)/3810.000
=-1.74

* 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.


Heng Leasing and Capital PCL Accounts Receivable Related Terms

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Heng Leasing and Capital PCL Business Description

Traded in Other Exchanges
Address
69 Moo 7, Tambon Sansai Noi, Amphur Sansai, Chiang Mai, THA, 50210
Heng Leasing and Capital PCL is engaged Company is principally engaged in providing financial services specifically hire purchase, loans secured against vehicle registrations, land and building loans, personal loans, and nano finance without collateral. The company operates. in the single operating segment of hire purchase and loan receivables. The operations are carried out in a single geographical area of Thailand.

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