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i-Tail PCL (BKK:ITC) Accounts Receivable : ฿3,623 Mil (As of Mar. 2024)


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What is i-Tail PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. i-Tail PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿3,623 Mil.

Accounts receivable can be measured by Days Sales Outstanding. i-Tail PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 82.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. i-Tail PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿4.57.


i-Tail PCL Accounts Receivable Historical Data

The historical data trend for i-Tail 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.

i-Tail PCL Accounts Receivable Chart

i-Tail PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
2,210.49 1,045.33 3,485.66 3,564.98

i-Tail PCL Quarterly Data
Dec20 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 2,624.88 2,410.77 3,024.75 3,564.98 3,622.60

i-Tail PCL Accounts Receivable Calculation

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


i-Tail 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.

i-Tail 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
=3622.595/4028.568*91
=82.05

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

i-Tail 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)
=(12164.21+0.75 * 3622.595+0.5 * 3263.768-2806.103
-0-0.373)/3000
=4.57

* 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.


i-Tail PCL Accounts Receivable Related Terms

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i-Tail PCL (BKK:ITC) Business Description

Traded in Other Exchanges
N/A
Address
Phaholyothin Road, 979/92-94, 29th Floor, S.M. Tower, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400
i-Tail Corp PCL is a manufacturer and distributor of pet food and other pet care related businesses. The Group has three reportable segments: Pet food, Ambient seafood and value-added, and Others. The majority of the revenue is generated from the Pet food segment.

i-Tail PCL (BKK:ITC) Headlines

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