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Patkol PCL (BKK:PK) Accounts Receivable : ฿225 Mil (As of Mar. 2024)


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What is Patkol PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Patkol PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿225 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Patkol PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Patkol PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-3.16.


Patkol PCL Accounts Receivable Historical Data

The historical data trend for Patkol 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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Patkol PCL Accounts Receivable Chart

Patkol PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 625.34 381.07 483.64 470.22 329.61

Patkol 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 263.56 184.59 229.29 329.61 225.15

Patkol PCL Accounts Receivable Calculation

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


Patkol 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.

Patkol 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
=225.15/379.83*91
=54.09

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

Patkol 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)
=(146.907+0.75 * 225.15+0.5 * 328.284-2022.475
-79.487-24.175)/520.756
=-3.16

* 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.


Patkol PCL Accounts Receivable Related Terms

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Patkol PCL (BKK:PK) Business Description

Traded in Other Exchanges
N/A
Address
348 Chalermprakiat Rama 9 Road, Nongbon Subdistrict, Pravate District, Bangkok, THA, 10250
Patkol PCL is a Thailand-based company involved in the diversified business sector. It is engaged in the trading and services of engineering products which include turnkey sales of services in design, manufacturing, and installation of various types of industrial refrigeration for the ice making industry, supermarket, dairy, and ice-cream processing industry, food-related processing industry and supply industry. It has various segments that are the Ice machine and system; Machinery for industrial refrigeration system; Machinery and system for liquid; and Central management and others, out of which the Ice machine and system generate maximum revenue for the company.

Patkol PCL (BKK:PK) Headlines

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