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PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) Accounts Receivable : Rp13,389 Mil (As of Sep. 2023)


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What is PT Atlantis Subsea Indonesia Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Atlantis Subsea Indonesia Tbk's accounts receivables for the quarter that ended in Sep. 2023 was Rp13,389 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Atlantis Subsea Indonesia Tbk's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was Rp0.78.


PT Atlantis Subsea Indonesia Tbk Accounts Receivable Historical Data

The historical data trend for PT Atlantis Subsea Indonesia 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.

* Premium members only.

PT Atlantis Subsea Indonesia Tbk Accounts Receivable Chart

PT Atlantis Subsea Indonesia Tbk Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
53,911.98 11,268.82 20,544.40

PT Atlantis Subsea Indonesia Tbk Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23
Accounts Receivable 53,911.98 11,268.82 - 20,544.40 13,389.44

PT Atlantis Subsea Indonesia Tbk Accounts Receivable Calculation

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


PT Atlantis Subsea Indonesia 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 Atlantis Subsea Indonesia Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13389.442/0*91
=

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

PT Atlantis Subsea Indonesia Tbk's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(4944.201+0.75 * 13389.442+0.5 * 0-4177.136
-0-0)/13798.500
=0.78

* 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 Atlantis Subsea Indonesia Tbk Accounts Receivable Related Terms

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PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Tebet Barat Dalam Raya No. 6, South Jakarta, IDN, 12810
PT Atlantis Subsea Indonesia Tbk provides specialist multi-disciplinary survey support, and provides solutions for the Oil and Gas, Energy & Renewable Energy and Marine Infrastructure sectors. It provides safe, high quality and integrated innovative services and technology engaged in surveys and services for energy companies.

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