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TMT Steel PCL (BKK:TMT-R) Accounts Receivable : ฿2,658 Mil (As of Mar. 2025)


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What is TMT Steel PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TMT Steel PCL's accounts receivables for the quarter that ended in Mar. 2025 was ฿2,658 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TMT Steel PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 53.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TMT Steel PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ฿-2.74.


TMT Steel PCL Accounts Receivable Historical Data

The historical data trend for TMT Steel 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.

TMT Steel PCL Accounts Receivable Chart

TMT Steel 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 2,328.87 3,353.06 2,754.72 2,596.29 2,516.78

TMT Steel 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 2,968.15 2,965.21 3,148.12 2,516.78 2,657.95

TMT Steel PCL Accounts Receivable Calculation

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


TMT Steel 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.

TMT Steel 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
=2657.948/4516.523*91
=53.70

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

TMT Steel 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)
=(157.528+0.75 * 2657.948+0.5 * 1883.142-5468.65
-0-5.613)/870.758
=-2.74

* 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.


TMT Steel PCL Accounts Receivable Related Terms

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TMT Steel PCL Business Description

Traded in Other Exchanges
Address
South Sathorn Road, 22nd Floor, 179 Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.

TMT Steel PCL Headlines

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