GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » TCM Corp PCL (BKK:TCMC) » Definitions » Accounts Receivable

TCM PCL (BKK:TCMC) Accounts Receivable : ฿843 Mil (As of Dec. 2024)


View and export this data going back to 1978. Start your Free Trial

What is TCM PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TCM PCL's accounts receivables for the quarter that ended in Dec. 2024 was ฿843 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TCM PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 48.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TCM PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ฿-4.85.


TCM PCL Accounts Receivable Historical Data

The historical data trend for TCM 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.

TCM PCL Accounts Receivable Chart

TCM 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 1,115.37 1,111.03 1,122.85 1,004.58 842.83

TCM PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,004.58 890.70 769.79 812.14 842.83

TCM PCL Accounts Receivable Calculation

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


TCM 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=842.828/1581.577*91
=48.63

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

TCM PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(434.558+0.75 * 842.828+0.5 * 762.048-4954.114
-0-196.329)/763.201
=-4.85

* 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.


TCM PCL Accounts Receivable Related Terms

Thank you for viewing the detailed overview of TCM PCL's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


TCM PCL Business Description

Traded in Other Exchanges
Address
2054 New Petchaburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310
TCM Corp PCL is a Thailand-based manufacturer, distributor, and seller of various types of rugs and carpets. The company operates through three segments, The Surface segment includes hand-woven and machine-woven carpet for indoor decoration including the flooring materials; the Living segment consisting sofa chairs for interior decoration, and the Automotive segment comprises carpet for the floors inside vehicles, vehicles upholstery fabrics. It has a business presence in Thailand, the UK, and other countries.

TCM PCL Headlines

No Headlines