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Ptt PCL (BKK:PTT) Accounts Receivable : ฿251,391 Mil (As of Dec. 2024)


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What is Ptt PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ptt PCL's accounts receivables for the quarter that ended in Dec. 2024 was ฿251,391 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ptt PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 31.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ptt PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ฿-53.49.


Ptt PCL Accounts Receivable Historical Data

The historical data trend for Ptt 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.

Ptt PCL Accounts Receivable Chart

Ptt 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 110,528.00 196,243.00 219,054.00 259,813.00 251,391.00

Ptt PCL Quarterly Data
Mar20 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 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 259,813.00 291,647.00 291,969.00 226,641.00 251,391.00

Ptt PCL Accounts Receivable Calculation

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


Ptt 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.

Ptt 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
=251391/724373.3*91
=31.67

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

Ptt 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)
=(451859.543+0.75 * 251391+0.5 * 241539-1781907.192
-0-507224.913)/28562.996
=-53.49

* 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.


Ptt PCL Accounts Receivable Related Terms

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Ptt PCL Business Description

Industry
Traded in Other Exchanges
Address
555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900
Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. The Group is organized into business groups based on types of products and services. The segments of the Group are Upstream petroleum and Natural gas business group which is further divided into Petroleum exploration and production business and Natural gas business. Downstream petroleum business group is divided into Oil and retail business; International trading business and Petrochemical and Refining business. New business and sustainability group includes emphasis on decarbonization to achieve the Net Zero Emission.

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