GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thai Toray Textile Mills PCL (BKK:TTTM-R) » Definitions » Accounts Receivable

Thai Toray Textile Mills PCL (BKK:TTTM-R) Accounts Receivable : ฿232.18 Mil (As of Mar. 2019)


View and export this data going back to 1981. Start your Free Trial

What is Thai Toray Textile Mills PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thai Toray Textile Mills PCL's accounts receivables for the quarter that ended in Mar. 2019 was ฿232.18 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Thai Toray Textile Mills PCL's Days Sales Outstanding for the quarter that ended in Mar. 2019 was 67.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thai Toray Textile Mills PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was ฿105.26.


Thai Toray Textile Mills PCL Accounts Receivable Historical Data

The historical data trend for Thai Toray Textile Mills 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 Toray Textile Mills PCL Accounts Receivable Chart

Thai Toray Textile Mills PCL Annual Data
Trend Dec10 Dec11 Jan12 Dec13 Dec14 Mar15 Mar16 Mar17 Mar18 Mar19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.47 205.47 169.70 251.97 232.18

Thai Toray Textile Mills PCL Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 251.97 293.02 251.28 253.32 232.18

Thai Toray Textile Mills PCL Accounts Receivable Calculation

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


Thai Toray Textile Mills 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 Toray Textile Mills PCL's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=232.179/312.182*91
=67.87

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

Thai Toray Textile Mills PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 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)
=(529.599+0.75 * 232.179+0.5 * 181.121-162.741
-0-0)/6.000
=105.26

* 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 Toray Textile Mills PCL Accounts Receivable Related Terms

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


Thai Toray Textile Mills PCL Business Description

Traded in Other Exchanges
N/A
Address
North Sathorn Road, 20 Bubhajit Building, 6th Floor, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500
Thai Toray Textile Mills PCL is primarily engaged in the manufacturing, national distribution and exporting of textiles. The company comprises two business segments, Woven Fabric and Knitted Fabric segment; and Car Seat Fabric segment. Its primary geographic markets are Thailand, Japan, Vietnam, United Arab Emirates, and other countries. Geographically the company receives maximum revenue from Thailand.

Thai Toray Textile Mills PCL Headlines

No Headlines