Prosper Engineering PCL (BKK:PROS) Accounts Receivable : ฿158 Mil (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Prosper Engineering PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Prosper Engineering PCL's accounts receivables for the quarter that ended in Dec. 2024 was ฿158 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Prosper Engineering PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 34.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Prosper Engineering PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ฿-1.15.

Prosper Engineering PCL Accounts Receivable Historical Data

The historical data trend for Prosper Engineering 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.

* Premium members only.

Prosper Engineering PCL Accounts Receivable Chart

Prosper Engineering PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

Get a 7-Day Free Trial

187.05

228.40

174.19

114.01

157.60

Prosper Engineering PCL Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial															114.01	179.49	147.91	206.61	157.60

Prosper Engineering PCL Accounts Receivable Calculation

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

Prosper Engineering 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.

Prosper Engineering PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	157.596	/	422.617	*	91
=	34.03

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

Prosper Engineering PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(28.264	+	0.75 * 157.596	+	0.5 * 44.08	-	796.979
-	0	-	6.399)	/	551.547
=	-1.15

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.

Prosper Engineering PCL Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Prosper Engineering PCL's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Prosper Engineering PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prosper Engineering PCL (BKK:PROS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

PROS-R:Thailand

Address

Nakniwat Road, No. 11 Soi Nakniwat 20, Ladphrao, Bangkok, THA, 10230

Website

https://www.prosperengineering.co.th

Prosper Engineering PCL is a provider of electrical and communication systems, air conditioning and ventilation system, sanitary and fire protection system distribution of materials for M&E systems and maintenance services after completion of installation and architectural works. It operates and installs engineering systems in various types of buildings, shopping centers, large superstores, product distribution centers, mobile telephone network centers, information centers, residential buildings, office buildings, government and public sector buildings, hospitals, and industrial factories. The company has two segments: M&E engineering Segment and Civil & Structure Engineering Segment. It derives maximum revenue from M&E engineering Segment.