GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Super Turtle PCL (BKK:TURTLE) » Definitions » Accounts Receivable

Super Turtle PCL (BKK:TURTLE) Accounts Receivable : ฿57.0 Mil (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Super Turtle PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Super Turtle PCL's accounts receivables for the quarter that ended in Sep. 2024 was ฿57.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Super Turtle PCL's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 22.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Super Turtle PCL's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ฿1.68.


Super Turtle PCL Accounts Receivable Historical Data

The historical data trend for Super Turtle 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.

Super Turtle PCL Accounts Receivable Chart

Super Turtle PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.41 16.51 20.05 25.12 28.68

Super Turtle PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 33.47 28.68 27.82 39.75 57.00

Super Turtle PCL Accounts Receivable Calculation

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


Super Turtle 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.

Super Turtle PCL's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=57/228.532*91
=22.76

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

Super Turtle PCL's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(2954.31+0.75 * 57+0.5 * 69.264-357.009
-0-0)/1589.55
=1.68

* 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.


Super Turtle PCL Accounts Receivable Related Terms

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


Super Turtle PCL Business Description

Traded in Other Exchanges
N/A
Address
Vibhavadi-Rangsit Road, 333 Lao Peng Nguan 1 Tower, 24th Floor, Soi Choei Phuang, Chomphon, Chatuchak, Bangkok, THA, 10900
Super Turtle PCL is an organization that specializes in managing rental spaces on the BTS network and operating Turtle stores. The company is mainly engaged in retail and leasing business. Retail outlets include the Turtle Shop and Turtle Vending. The leasing business also includes the leasing of spaces.

Super Turtle PCL Headlines

No Headlines