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STARK PCL (BKK:STARK-R) Accounts Receivable : ฿4,151 Mil (As of Dec. 2022)


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What is STARK PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. STARK PCL's accounts receivables for the quarter that ended in Dec. 2022 was ฿4,151 Mil.

Accounts receivable can be measured by Days Sales Outstanding. STARK PCL's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 110.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. STARK PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ฿-1.82.


STARK PCL Accounts Receivable Historical Data

The historical data trend for STARK 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.

STARK PCL Accounts Receivable Chart

STARK PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,362.34 2,769.20 4,543.05 4,431.00 4,151.26

STARK PCL Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 4,431.00 12,998.92 14,864.91 17,409.81 4,151.26

STARK PCL Accounts Receivable Calculation

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


STARK 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.

STARK PCL's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4151.257/3422.947*91
=110.67

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

STARK PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(6117.557+0.75 * 4151.257+0.5 * 10004.314-38566.315
-0-11.073)/13406.4
=-1.82

* 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.


STARK PCL Accounts Receivable Related Terms

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STARK PCL (BKK:STARK-R) Business Description

Traded in Other Exchanges
N/A
Address
518/5 Ploenchit Road, 16th Floor, Maneeya Center Building, Kwaeng Lumpini, Khet Pathumwan, Bangkok, THA, 10330
STARK Corp PCL is a holding company. The company operates in four segments namely Manufacturing, trading, and providing the service test of the wire products made from copper and aluminum, in order to be used in the electrical transition, telecommunications, and construction, which is the majority revenue-generating segment; Rendering manpower service; Providing other service related to the petroleum business and Rental properties income.

STARK PCL (BKK:STARK-R) Headlines

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