Right Tunnelling PCL (BKK:RT) Accounts Receivable : ฿1,068 Mil (As of Dec. 2024)

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What is Right Tunnelling PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Right Tunnelling PCL's accounts receivables for the quarter that ended in Dec. 2024 was ฿1,068 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Right Tunnelling PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 101.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Right Tunnelling PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ฿-2.49.

Right Tunnelling PCL Accounts Receivable Historical Data

The historical data trend for Right Tunnelling 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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Right Tunnelling PCL Accounts Receivable Chart

Right Tunnelling PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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574.64

247.50

318.38

713.76

1,068.04

Right Tunnelling 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															713.76	831.07	944.50	1,033.73	1,068.04

Right Tunnelling PCL Accounts Receivable Calculation

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

Right Tunnelling 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.

Right Tunnelling 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
=	1068.037	/	964.248	*	91
=	101.07

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

Right Tunnelling 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)
=	(244.925	+	0.75 * 1068.037	+	0.5 * 267.663	-	4852.606
-	0	-	-0.149)	/	1477.356
=	-2.49

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.

Right Tunnelling PCL Accounts Receivable Related Terms

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Right Tunnelling PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Right Tunnelling PCL (BKK:RT) » Definitions » Accounts Receivable

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RT-R:Thailand

Address

292 Moo 4, Bangna-Trad (KM 26) Road, Bangbor Subdistrict, Bangbor District, Samut Prakan, THA, 10560

Website

https://www.rtco.co.th

Right Tunnelling PCL is a civil engineering service provider. It specializes in geology and special techniques such as tunnel construction, rock drilling, rock blasting, mining construction, soil boring tests, and concrete structures. The clients of the company include both the public and private sectors. The company offers services related to tunnel and shaft construction, dam construction, hydropower plant construction, and pipe jacking projects. The company operates in two geographic segments of Thailand and overseas (Myanmar, The Lao People's Democratic Republic, and Cambodia). Geographically, it derives a majority of its revenue from Thailand.