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Thai Oil PCL (BKK:TOP-F) Accounts Receivable : ฿26,441 Mil (As of Mar. 2025)


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What is Thai Oil PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thai Oil PCL's accounts receivables for the quarter that ended in Mar. 2025 was ฿26,441 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Thai Oil PCL's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 22.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thai Oil PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ฿-68.95.


Thai Oil PCL Accounts Receivable Historical Data

The historical data trend for Thai Oil 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.

Thai Oil PCL Accounts Receivable Chart

Thai Oil 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 12,702.21 23,414.85 28,758.76 31,154.42 27,600.68

Thai Oil 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 30,815.17 32,866.57 27,712.95 27,600.68 26,440.50

Thai Oil PCL Accounts Receivable Calculation

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


Thai Oil 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.

Thai Oil 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
=26440.503/106269.591*91
=22.70

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

Thai Oil 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)
=(44552.85+0.75 * 26440.503+0.5 * 43465.318-237380.397
-0-2751.4)/2233.836
=-68.95

* 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.


Thai Oil PCL Accounts Receivable Related Terms

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Thai Oil PCL Business Description

Address
Vibhavadi Rangsit Road, 555/1 Energy Complex, 11th Floor, Building A, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thai Oil PCL operates an integrated business in oil refining and petrochemicals. Along with oil refinery and distributions, the company has also expanded into other related businesses including petrochemicals-aromatics and olefin chain, lube base oil, etc. In addition, there are also ethanol and supporting businesses such as pipeline transportation, ethanol, recruitment services for Thaioil and subsidiaries, as well as treasury center to enhance Thaioil and subsidiaries. Along with its subsidiaries, the company operates in the following reportable segments; Oil refinery, which derives key revenue, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. Geographically, it derives key revenue from Thailand, followed by Indonesia and other regions.

Thai Oil PCL Headlines

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