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Sri Trang Gloves Thailand PCL (BKK:STGT) Accounts Receivable : ฿2,575 Mil (As of Sep. 2024)


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What is Sri Trang Gloves Thailand PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sri Trang Gloves Thailand PCL's accounts receivables for the quarter that ended in Sep. 2024 was ฿2,575 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sri Trang Gloves Thailand PCL's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 36.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sri Trang Gloves Thailand PCL's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ฿-0.17.


Sri Trang Gloves Thailand PCL Accounts Receivable Historical Data

The historical data trend for Sri Trang Gloves Thailand 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.

Sri Trang Gloves Thailand PCL Accounts Receivable Chart

Sri Trang Gloves Thailand PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 1,500.22 4,759.83 2,514.67 1,844.32 2,142.28

Sri Trang Gloves Thailand PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2,055.17 2,142.28 2,689.58 2,755.65 2,574.63

Sri Trang Gloves Thailand PCL Accounts Receivable Calculation

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


Sri Trang Gloves Thailand 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.

Sri Trang Gloves Thailand PCL's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2574.634/6443.157*91
=36.46

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

Sri Trang Gloves Thailand PCL's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(5365.837+0.75 * 2574.634+0.5 * 4690.485-10129.551
-0-0)/2865.18
=-0.17

* 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.


Sri Trang Gloves Thailand PCL Accounts Receivable Related Terms

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Sri Trang Gloves Thailand PCL Business Description

Traded in Other Exchanges
Address
No. 110 Kanjanavanit Road, Pahtong, Hat Yai, Songkhla, THA, 90230
Sri Trang Gloves Thailand PCL manufactures and distributes rubber gloves. The company manufactures natural latex and nitrile examination gloves as well as general-purpose disposable gloves, both powdered and powder-free. There are two reportable segments such as Gloves and Other businesses. Gloves segment which also generates the majority of the revenue, manufactures and sells powdered, powder-free, and nitrile latex gloves. The other businesses segment includes the Engineering business which is engaged in the engineering services including research and development of machinery and production processes, and also providing information system services and the Financial asset management and financial investment.

Sri Trang Gloves Thailand PCL Headlines

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