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KT Medical Service PCL (BKK:KTMS) Accounts Receivable : ฿142.2 Mil (As of Sep. 2023)


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What is KT Medical Service PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KT Medical Service PCL's accounts receivables for the quarter that ended in Sep. 2023 was ฿142.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KT Medical Service PCL's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 110.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KT Medical Service PCL's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ฿0.26.


KT Medical Service PCL Accounts Receivable Historical Data

The historical data trend for KT Medical Service 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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KT Medical Service PCL Accounts Receivable Chart

KT Medical Service PCL Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
124.45 103.09 112.52

KT Medical Service PCL Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.46 112.52 102.83 141.85 142.22

KT Medical Service PCL Accounts Receivable Calculation

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


KT Medical Service 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.

KT Medical Service PCL's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=142.223/117.415*91
=110.53

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

KT Medical Service PCL's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(128.474+0.75 * 142.223+0.5 * 29.519-166.487
-0-4.002)/300
=0.26

* 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.


KT Medical Service PCL Accounts Receivable Related Terms

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KT Medical Service PCL (BKK:KTMS) Business Description

Traded in Other Exchanges
N/A
Address
95 Soi Ram Intra 117 Ram Intra Road, Khwaeng Minburi, Khet Minburi, Bangkok, THA, 10510
KT Medical Service PCL is engaged in hemodialysis center, design, assembly and installation of pure water treatment system and service preventive maintenance of pure water treatment system for commercial and residential sector, industrial and original equipment manufacturing of water system sector and medical service sector. It has three segments which are Service of hemodialysis, Service of design and installation of pure water treatment system and service preventive maintenance of pure water treatment system for medical service and Services of design and installation of pneumatic tube system of equipment for medical service. The Group operates in Thailand.

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