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Stonehenge Inter PCL (BKK:STI) Accounts Receivable : ฿274 Mil (As of Dec. 2023)


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What is Stonehenge Inter PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stonehenge Inter PCL's accounts receivables for the quarter that ended in Dec. 2023 was ฿274 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Stonehenge Inter PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 63.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Stonehenge Inter PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ฿-1.49.


Stonehenge Inter PCL Accounts Receivable Historical Data

The historical data trend for Stonehenge Inter 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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Stonehenge Inter PCL Accounts Receivable Chart

Stonehenge Inter PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial 79.84 94.42 94.29 235.95 234.75

Stonehenge Inter PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 282.95 328.42 269.30 356.49 274.01

Stonehenge Inter PCL Accounts Receivable Calculation

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


Stonehenge Inter 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.

Stonehenge Inter PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=274.013/396.434*91
=63.07

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

Stonehenge Inter PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(171.188+0.75 * 274.013+0.5 * 0-1126.942
-0-148.266)/602.997
=-1.49

* 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.


Stonehenge Inter PCL Accounts Receivable Related Terms

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Stonehenge Inter PCL (BKK:STI) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadaphisek Road, 163 Chokechairuammitr (Ratchada19), Dindaeng District, Dindaeng, Bangkok, THA, 10400
Stonehenge Inter PCL is engaged in consulting & construction management services and the design of architectural & engineering services. Its portfolio includes residential buildings, commercial & offices, educational buildings, hospitals & clinics, factories & warehouses, hotels & resorts, and housing. Its services include architectural and engineering design services, interior decoration and the preservation of ancient sites, consultancy, administration, and construction control. The company derives a vast majority of the revenues from the Consulting and management services segment.

Stonehenge Inter PCL (BKK:STI) Headlines