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PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) Accounts Receivable : Rp11,577 Mil (As of Mar. 2024)


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What is PT Bumi Teknokultura Unggul Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Bumi Teknokultura Unggul Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp11,577 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Bumi Teknokultura Unggul Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 7.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Bumi Teknokultura Unggul Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-64.82.


PT Bumi Teknokultura Unggul Tbk Accounts Receivable Historical Data

The historical data trend for PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul Tbk Accounts Receivable Chart

PT Bumi Teknokultura Unggul 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 144,495.82 65.18 19,653.38 7,790.46 3,441.81

PT Bumi Teknokultura Unggul 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 7,037.18 12,097.80 3,276.70 3,441.81 11,577.10

PT Bumi Teknokultura Unggul Tbk Accounts Receivable Calculation

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


PT Bumi Teknokultura Unggul 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 Bumi Teknokultura Unggul 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
=11577.097/134311.095*91
=7.87

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

PT Bumi Teknokultura Unggul 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)
=(22380.378+0.75 * 11577.097+0.5 * 39550.54-3050379.366
-0-0)/46277.5
=-64.82

* 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 Bumi Teknokultura Unggul Tbk Accounts Receivable Related Terms

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PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tentara Pelajar, Rukan Permata Senayan Complex, Block E No. 37 - 38, South Jakarta, Jakarta, IDN, 12210
PT Bumi Teknokultura Unggul Tbk is engaged in agricultural biotechnology, forest management rights, planted forest industries, and trade. The company's main business activities consist of nursery for forestry plants, food crops, medicinal plants, tropical ornamental plants, logging, as well as the trading of logs. Its products and services include forestry crops, ornamental plants, horticultural crops, and other crops. Its segment includes Rental and Cocoa bean processing.

PT Bumi Teknokultura Unggul Tbk (ISX:BTEK) Headlines