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TBN PCL (BKK:TBN) Accounts Receivable : ฿11.1 Mil (As of Mar. 2024)


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What is TBN PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TBN PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿11.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TBN PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 10.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TBN PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿2.33.


TBN PCL Accounts Receivable Historical Data

The historical data trend for TBN 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.

TBN PCL Accounts Receivable Chart

TBN PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
52.26 29.40 20.18 41.13 57.80

TBN PCL Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.58 66.25 62.15 57.80 11.09

TBN PCL Accounts Receivable Calculation

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


TBN 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.

TBN PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.089/92.61*91
=10.93

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

TBN PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(387.345+0.75 * 11.089+0.5 * 0.454-161.672
-0-1.572)/100
=2.33

* 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.


TBN PCL Accounts Receivable Related Terms

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TBN PCL (BKK:TBN) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit 21 (Asoke) Road, Floor. 15, Room No. 1501-1502, 54 Bangkok Business Building, Klong Toey Nua, Wattana, Bangkok, THA, 10110
TBN Corp PCL is Thailand's first low-code solutions provider. Its main business activity is selling and developing software for various organizations, including consulting on software development.

TBN PCL (BKK:TBN) Headlines