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Pakfood Public Company Limited (BKK:PPC) Accounts Receivable : ฿390 Mil (As of Jun. 2013)


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What is Pakfood Public Company Limited Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pakfood Public Company Limited's accounts receivables for the quarter that ended in Jun. 2013 was ฿390 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pakfood Public Company Limited's Days Sales Outstanding for the quarter that ended in Jun. 2013 was 37.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pakfood Public Company Limited's Net-Net Working Capital per share for the quarter that ended in Jun. 2013 was ฿-31.17.


Pakfood Public Company Limited Accounts Receivable Historical Data

The historical data trend for Pakfood Public Company Limited'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.

* Premium members only.

Pakfood Public Company Limited Accounts Receivable Chart

Pakfood Public Company Limited Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Receivable
Get a 7-Day Free Trial 947.05 613.47 657.88 511.86 696.38

Pakfood Public Company Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 511.21 597.45 696.38 335.74 389.89

Pakfood Public Company Limited Accounts Receivable Calculation

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


Pakfood Public Company Limited 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.

Pakfood Public Company Limited's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=389.894/941.852*91
=37.77

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

Pakfood Public Company Limited's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2013 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)
=(31.434+0.75 * 389.894+0.5 * 722.711-1713.808
-0-0)/33.000
=-31.17

* 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.


Pakfood Public Company Limited Accounts Receivable Related Terms

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Pakfood Public Company Limited (BKK:PPC) Business Description

Traded in Other Exchanges
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Address
Pakfood Public Company Limited was established in 1972. The Company is engaged in the manufacture and distribution of frozen foods and aquatic animals.