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Plascar Participacoes Industriais (BSP:PLAS3) Accounts Receivable : R$101.3 Mil (As of Mar. 2024)


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What is Plascar Participacoes Industriais Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Plascar Participacoes Industriais's accounts receivables for the quarter that ended in Mar. 2024 was R$101.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Plascar Participacoes Industriais's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 37.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Plascar Participacoes Industriais's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was R$-79.60.


Plascar Participacoes Industriais Accounts Receivable Historical Data

The historical data trend for Plascar Participacoes Industriais'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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Plascar Participacoes Industriais Accounts Receivable Chart

Plascar Participacoes Industriais 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 26.06 58.77 31.51 81.22 77.08

Plascar Participacoes Industriais Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 82.15 63.87 71.36 77.08 101.27

Plascar Participacoes Industriais Accounts Receivable Calculation

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


Plascar Participacoes Industriais 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.

Plascar Participacoes Industriais's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=101.271/249.208*91
=37.08

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

Plascar Participacoes Industriais's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(29.584+0.75 * 101.271+0.5 * 99.727-1144.473
-0-0)/12.4254
=-79.60

* 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.


Plascar Participacoes Industriais Accounts Receivable Related Terms

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Plascar Participacoes Industriais (BSP:PLAS3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Wilhelm Winter, 300 Distrito Industrial, Jundiai, SP, BRA, CEP 13213-000
Plascar Participacoes Industriais SA is engaged in manufacturing and distributing auto parts. The company with its subsidiaries is involved in the manufacturing and sales of pieces and parts related to internal and external finishing of automotive vehicles. In addition, the company is also involved in the manufacturing of non-automotive products, such as supermarket trolleys, multipurpose boxes, ecological pallets, and furniture. The company product portfolio includes products like includes bumpers, instrument panels, air diffusers, cup holders, side doors, door pockets, and carpets.

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