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PT Buana Lintas Lautan Tbk (ISX:BULL) Accounts Receivable : Rp448,991 Mil (As of Mar. 2024)


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What is PT Buana Lintas Lautan Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Buana Lintas Lautan Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp448,991 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Buana Lintas Lautan Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 66.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Buana Lintas Lautan Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-201.76.


PT Buana Lintas Lautan Tbk Accounts Receivable Historical Data

The historical data trend for PT Buana Lintas Lautan 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 Buana Lintas Lautan Tbk Accounts Receivable Chart

PT Buana Lintas Lautan 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 281,815.25 446,649.21 398,561.69 422,314.76 630,807.01

PT Buana Lintas Lautan 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 437,927.95 371,743.30 397,853.69 630,807.01 448,990.79

PT Buana Lintas Lautan Tbk Accounts Receivable Calculation

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


PT Buana Lintas Lautan 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 Buana Lintas Lautan 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
=448990.792/612169.076*91
=66.93

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

PT Buana Lintas Lautan 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)
=(266342.109+0.75 * 448990.792+0.5 * 101529.729-3455787.703
-0-40066.165)/14085.9
=-201.76

* 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 Buana Lintas Lautan Tbk Accounts Receivable Related Terms

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PT Buana Lintas Lautan Tbk (ISX:BULL) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Mega Kuningan Timur, Block C-6 Kav. 12A, South Jakarta, Mega Kuningan, Jakarta, IDN, 12950
PT Buana Lintas Lautan Tbk is a shipping company. The company is engaged in providing services such as Chartering and vessel operations, Shipping agency services, Ship management services, and Crew management services. The group's reportable segments are engaged based on the type of vessels chartered in Gas, Oil, FPSO and FSO, Chemical, and Others. Key revenue is generated from the Gas and Oil, FPSO, and FSO segment. The gas tankers segment of the company provides maritime transportation of liquified gas, which includes LPG, propylene, propane, and LNG. Oil and FPSO tankers provide maritime transportation of lubricating oil, crude oil, and petroleum products, floating tanker facility for production, storage, and off-loading of oil.

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