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Unique Mining Services PCL (BKK:UMS) Accounts Receivable : ฿15.8 Mil (As of Dec. 2023)


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What is Unique Mining Services PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Unique Mining Services PCL's accounts receivables for the quarter that ended in Dec. 2023 was ฿15.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Unique Mining Services PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 27.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Unique Mining Services PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ฿-0.51.


Unique Mining Services PCL Accounts Receivable Historical Data

The historical data trend for Unique Mining Services 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.

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Unique Mining Services PCL Accounts Receivable Chart

Unique Mining Services PCL Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.92 19.79 57.11 41.69 15.77

Unique Mining Services PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 41.69 78.14 74.52 36.88 15.77

Unique Mining Services PCL Accounts Receivable Calculation

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


Unique Mining Services 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.

Unique Mining Services PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.774/51.429*91
=27.99

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

Unique Mining Services PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(216.048+0.75 * 15.774+0.5 * 4.82-882.133
-0-0)/1288.35
=-0.51

* 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.


Unique Mining Services PCL Accounts Receivable Related Terms

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Unique Mining Services PCL (BKK:UMS) Business Description

Traded in Other Exchanges
N/A
Address
Ploenchit Road, Soi Chidlom, 26/23 Orakarn Building, 7th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330
Unique Mining Services PCL is engaged in importing and distributing coal for domestic industrial uses. The company's core business is engaged in the distribution of coal and provision of related services for domestic industrial, transportation by barge conveyance, and port services. The company has three segment Distribution of coal and related services, Transport, and Energy. The firm, through its subsidiaries, produces coal briquettes across Thailand. Its operating segments are Distribution of coal and related services which is the key revenue driving segment.

Unique Mining Services PCL (BKK:UMS) Headlines

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