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PT Merdeka Battery Materials Tbk (ISX:MBMA) Accounts Receivable : Rp2,144,056 Mil (As of Mar. 2024)


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What is PT Merdeka Battery Materials Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Merdeka Battery Materials Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp2,144,056 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Merdeka Battery Materials Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 28.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Merdeka Battery Materials Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-182.25.


PT Merdeka Battery Materials Tbk Accounts Receivable Historical Data

The historical data trend for PT Merdeka Battery Materials 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 Merdeka Battery Materials Tbk Accounts Receivable Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - 1,009,632.10 1,838,064.25

PT Merdeka Battery Materials Tbk Quarterly Data
Dec20 Sep21 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 1,009,632.10 - 2,557,131.79 1,838,064.25 2,144,056.29

PT Merdeka Battery Materials Tbk Accounts Receivable Calculation

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


PT Merdeka Battery Materials 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 Merdeka Battery Materials 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
=2144056.287/6848138.596*91
=28.57

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

PT Merdeka Battery Materials 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)
=(4403547.528+0.75 * 2144056.287+0.5 * 3096240.502-14801727.208
-0-12439920.022)/107995
=-182.25

* 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 Merdeka Battery Materials Tbk Accounts Receivable Related Terms

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PT Merdeka Battery Materials Tbk (ISX:MBMA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav. 52–53, Treasury Tower, 69th Floor, District 8 SCBD Lot. 28, Jakarta Selatan, Jakarta, IDN, 12190
PT Merdeka Battery Materials Tbk is a metal and mineral mining holding company. It explores, extracts, and produces gold, silver, copper, and other minerals through subsidiaries spread across three islands in Indonesia.

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