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Thanachart Capital PCL (BKK:TCAP-F) Accounts Receivable : ฿390 Mil (As of Mar. 2025)


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What is Thanachart Capital PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thanachart Capital PCL's accounts receivables for the quarter that ended in Mar. 2025 was ฿390 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Thanachart Capital PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 8.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thanachart Capital PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ฿-52.65.


Thanachart Capital PCL Accounts Receivable Historical Data

The historical data trend for Thanachart Capital 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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Thanachart Capital PCL Accounts Receivable Chart

Thanachart Capital PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 214.00 261.00 - 386.00 378.00

Thanachart Capital PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 356.00 354.00 366.00 378.00 390.00

Thanachart Capital PCL Accounts Receivable Calculation

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


Thanachart Capital 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.

Thanachart Capital PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=390/4175.858*91
=8.52

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

Thanachart Capital PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(27691.57+0.75 * 390+0.5 * 0-77151.386
-0.128-6042.734)/1048.604
=-52.65

* 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.


Thanachart Capital PCL Accounts Receivable Related Terms

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Thanachart Capital PCL Business Description

Traded in Other Exchanges
Address
Phayathai Road, 444, 16-17th Floor, MBK Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Thanachart Capital PCL is an investment holding company domiciled in Thailand. Through its subsidiaries, it operates in different reportable operating business segments such as; non-performing assets management business, securities business, asset management business, leasing and hire purchase business, non-life insurance business, life insurance business, and others. The majority of the company's revenue is generated from its Leasing and Hire purchase business which provides auto hire purchase and financial lease services with a focus on the auto market for new and used cars markets for passenger cars as well as vehicles for commercial purposes, such as pick-ups, taxis, truck tractors and lorries, etc.

Thanachart Capital PCL Headlines

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