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PanelesMatic Solutions PCL (BKK:PANEL) Accounts Receivable : ฿13.45 Mil (As of Mar. 2024)


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What is PanelesMatic Solutions PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PanelesMatic Solutions PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿13.45 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PanelesMatic Solutions PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 45.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PanelesMatic Solutions PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿0.83.


PanelesMatic Solutions PCL Accounts Receivable Historical Data

The historical data trend for PanelesMatic Solutions 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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PanelesMatic Solutions PCL Accounts Receivable Chart

PanelesMatic Solutions PCL Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
10.80 8.89 19.11

PanelesMatic Solutions PCL Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Mar24
Accounts Receivable Get a 7-Day Free Trial - 19.11 - 9.60 13.45

PanelesMatic Solutions PCL Accounts Receivable Calculation

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


PanelesMatic Solutions 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.

PanelesMatic Solutions 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
=13.446/26.795*91
=45.79

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

PanelesMatic Solutions 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)
=(169.548+0.75 * 13.446+0.5 * 11.772-27.585
-0-0)/190
=0.83

* 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.


PanelesMatic Solutions PCL Accounts Receivable Related Terms

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PanelesMatic Solutions PCL (BKK:PANEL) Business Description

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PanelesMatic Solutions PCL provides a complete solution from import, production, supply, installation, decoration and after-sales service of Doors & Walls.

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