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Kumwell PCL (BKK:KUMWEL) Accounts Receivable : ฿135.2 Mil (As of Mar. 2024)


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What is Kumwell PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kumwell PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿135.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kumwell PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 96.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kumwell PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-0.19.


Kumwell PCL Accounts Receivable Historical Data

The historical data trend for Kumwell 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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Kumwell PCL Accounts Receivable Chart

Kumwell PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 88.62 91.26 133.51 146.32 119.86

Kumwell 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 133.28 126.56 135.35 119.86 135.20

Kumwell PCL Accounts Receivable Calculation

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


Kumwell 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.

Kumwell 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
=135.2/127.759*91
=96.56

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

Kumwell 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)
=(26.553+0.75 * 135.2+0.5 * 233.43-326.138
-0-0)/430
=-0.19

* 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.


Kumwell PCL Accounts Receivable Related Terms

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Kumwell PCL (BKK:KUMWEL) Business Description

Traded in Other Exchanges
N/A
Address
100/3 Thesabansongkrow Road, Lardyao, Jatujak, Bangkok, THA, 10900
Kumwell Corp PCL provides a grounding and lightning protection system. The company is engaged in the production and distribution of electrical equipment, graphite mould, metal powder, and ground wire. Geographically, it derives a majority of its revenue from domestic operations. It offers products such as grounding components, surge protection devices, lightning detection, and warning systems, Arc protection system, copper lug, c-clamp connectors, and others. It is engaged in the Production and distribution of Grounding Systems, Lightning Protection Systems, Surge Protection Systems, Lightning Detection and Warning Systems under the brand Kumwell.

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