PT Abadi Nusantara Hijau Investama Tbk (ISX:PACK) Accounts Receivable : Rp5,036 Mil (As of Jul. 2022)

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What is PT Abadi Nusantara Hijau Investama Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Abadi Nusantara Hijau Investama Tbk's accounts receivables for the quarter that ended in Jul. 2022 was Rp5,036 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 Abadi Nusantara Hijau Investama Tbk's Net-Net Working Capital per share for the quarter that ended in Jul. 2022 was Rp-21.30.

PT Abadi Nusantara Hijau Investama Tbk Accounts Receivable Historical Data

The historical data trend for PT Abadi Nusantara Hijau Investama 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 Abadi Nusantara Hijau Investama Tbk Accounts Receivable Chart

PT Abadi Nusantara Hijau Investama Tbk Annual Data

Trend

Dec21

Dec22

Accounts Receivable

2,206.24

6,181.13

PT Abadi Nusantara Hijau Investama Tbk Quarterly Data
	Dec21	Jul22	Dec22
Accounts Receivable	2,206.24	5,035.55	6,181.13

PT Abadi Nusantara Hijau Investama Tbk Accounts Receivable Calculation

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

PT Abadi Nusantara Hijau Investama 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 Abadi Nusantara Hijau Investama Tbk's Days Sales Outstanding for the quarter that ended in Jul. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5035.55	/	0	*	91
=

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

PT Abadi Nusantara Hijau Investama Tbk's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2022 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)
=	(7.789	+	0.75 * 5035.55	+	0.5 * 1193.27	-	37129.43
-	0	-	0)	/	1537.546
=	-21.30

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 Abadi Nusantara Hijau Investama Tbk Accounts Receivable Related Terms

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PT Abadi Nusantara Hijau Investama Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » PT Abadi Nusantara Hijau Investama Tbk (ISX:PACK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jababeka 2 Block C/11-D, Jababeka Industrial Estate, Cikarang Utara, West Java, Bekasi Regency, IDN, 17530

Website

https://www.flexypack.com

PT Abadi Nusantara Hijau Investama Tbk Formerly PT Solusi Kemasan Digital Tbk is engaged in the field of Retail trade of plastic packaging and Manufacturing of plastic goods for packaging. The company helps business owners of all sizes, from SMEs to large businesses, to maximize the selling power of their products quickly through effective packaging that provides protection, hygiene, low minimum orders, and affordable prices which are supported by novel designs. The company operates only in one business segment, namely plastic packaging trading.