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Ocean Glass PCL (BKK:OGC-F) Accounts Receivable : ฿175 Mil (As of Mar. 2025)


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What is Ocean Glass PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ocean Glass PCL's accounts receivables for the quarter that ended in Mar. 2025 was ฿175 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ocean Glass PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 39.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ocean Glass PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ฿-59.77.


Ocean Glass PCL Accounts Receivable Historical Data

The historical data trend for Ocean Glass 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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Ocean Glass PCL Accounts Receivable Chart

Ocean Glass PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.89 232.85 228.72 217.36 197.68

Ocean Glass PCL Quarterly Data
Jun20 Sep20 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 148.52 141.45 148.91 197.68 175.05

Ocean Glass PCL Accounts Receivable Calculation

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


Ocean Glass 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.

Ocean Glass 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
=175.048/402.594*91
=39.68

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

Ocean Glass 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)
=(65.845+0.75 * 175.048+0.5 * 1253.957-2099.146
-0-0)/21.331
=-59.77

* 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.


Ocean Glass PCL Accounts Receivable Related Terms

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Ocean Glass PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit 19 Road, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.

Ocean Glass PCL Headlines

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