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PT Adira Dinamika Multi Finance Tbk (ISX:ADMF) Accounts Receivable : Rp0 Mil (As of Sep. 2024)


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What is PT Adira Dinamika Multi Finance Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Adira Dinamika Multi Finance Tbk's accounts receivables for the quarter that ended in Sep. 2024 was Rp0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Adira Dinamika Multi Finance Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Adira Dinamika Multi Finance Tbk's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was Rp-19,350.46.


PT Adira Dinamika Multi Finance Tbk Accounts Receivable Historical Data

The historical data trend for PT Adira Dinamika Multi Finance Tbk'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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PT Adira Dinamika Multi Finance Tbk Accounts Receivable Chart

PT Adira Dinamika Multi Finance Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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PT Adira Dinamika Multi Finance Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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PT Adira Dinamika Multi Finance Tbk Accounts Receivable Calculation

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


PT Adira Dinamika Multi Finance Tbk 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.

PT Adira Dinamika Multi Finance Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1977629*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), PT Adira Dinamika Multi Finance Tbk's accounts receivable are only considered to be worth 75% of book value:

PT Adira Dinamika Multi Finance Tbk'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)
=(2859773+0.75 * 0+0.5 * 0-22210234
-0-0)/1000
=-19,350.46

* 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.


PT Adira Dinamika Multi Finance Tbk Accounts Receivable Related Terms

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PT Adira Dinamika Multi Finance Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 25, 53rd - 61st Floor, Millenium Centennial Center, Karet Setiabudi, Jakarta Selatan, IDN, 12920
PT Adira Dinamika Multi Finance Tbk is an Indonesian finance company. The revenue for the company is derived from consumer financing for used or new cars or motorcycles, electronic goods, furniture, and others. Besides conventional consumer financing, the company also offers Islamic consumer financing, finance leasing, and operating leasing for automobiles. The company's Segments are Motorcycle Financing, Car Financing and Non-Automotive Financing. Its geographical coverage is into areas consisting of Jabodetabekser, West Java, Central Java, East Java, Sumatera, Kalimantan, Sulawesi, Bali & Nusa Tenggara.

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