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PTranacentral Bajatama Tbk (ISX:BAJA) Accounts Receivable : Rp141,599 Mil (As of Mar. 2024)


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What is PTranacentral Bajatama Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PTranacentral Bajatama Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp141,599 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PTranacentral Bajatama Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 66.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PTranacentral Bajatama Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-167.55.


PTranacentral Bajatama Tbk Accounts Receivable Historical Data

The historical data trend for PTranacentral Bajatama 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.

PTranacentral Bajatama Tbk Accounts Receivable Chart

PTranacentral Bajatama Tbk 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 169,005.75 123,096.75 64,685.95 139,377.79 155,609.29

PTranacentral Bajatama Tbk 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 176,664.19 132,840.85 145,296.87 155,609.29 141,598.63

PTranacentral Bajatama Tbk Accounts Receivable Calculation

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


PTranacentral Bajatama 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.

PTranacentral Bajatama Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=141598.628/192880.778*91
=66.99

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

PTranacentral Bajatama Tbk'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)
=(11944.696+0.75 * 141598.628+0.5 * 301841.53-570660.811
-0-0)/1800
=-167.55

* 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.


PTranacentral Bajatama Tbk Accounts Receivable Related Terms

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PTranacentral Bajatama Tbk (ISX:BAJA) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Pangeran Jayakarta No. 55, Gedung BAJA, Tower B Lantai 6, Unit B 06-01, Jakarta Pusat, IDN, 10730
PT Saranacentral Bajatama Tbk is an Indonesia-based company involved in the manufacture and sale of steel products in Indonesia. The company manufactures three types of coated steel products, namely, galvanized steel, "Saranalume" aluminum zinc-coated Steel, and "Sarancolor" painted zinc-coated steel. The company's products are used in various applications, including building, electrical machinery, and motor vehicles. The company has four reportable segments including galvanized, saranalume, coloring, and non-production. The company derives the majority of its revenue from the Saranalume segment.

PTranacentral Bajatama Tbk (ISX:BAJA) Headlines

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