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PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) Accounts Receivable : Rp28,645 Mil (As of Jun. 2024)


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What is PT Minna Padi Investama Sekuritas Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Minna Padi Investama Sekuritas Tbk's accounts receivables for the quarter that ended in Jun. 2024 was Rp28,645 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Minna Padi Investama Sekuritas Tbk's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 5,001.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Minna Padi Investama Sekuritas Tbk's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was Rp5.60.


PT Minna Padi Investama Sekuritas Tbk Accounts Receivable Historical Data

The historical data trend for PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk Accounts Receivable Chart

PT Minna Padi Investama Sekuritas 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 10,193.54 19,500.04 6,832.64 6,656.66 57,512.72

PT Minna Padi Investama Sekuritas Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3,957.69 6,668.26 57,512.72 19,163.93 28,645.08

PT Minna Padi Investama Sekuritas Tbk Accounts Receivable Calculation

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


PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28645.076/522.645*91
=5,001.22

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

PT Minna Padi Investama Sekuritas Tbk's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(90627.39+0.75 * 28645.076+0.5 * 0-48774.496
-0-0)/11307.2
=5.60

* 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 Minna Padi Investama Sekuritas Tbk Accounts Receivable Related Terms

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PT Minna Padi Investama Sekuritas Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 52-53, Equity Tower 11th floor, SCBD Lot 9, South Jakarta, IDN, 12190
PT Minna Padi Investama Sekuritas Tbk is engaged in managing public funds with the of obtaining optimal investment returns. In managing public funds, the company offers a variety of quality products and services, such as Mutual Funds, which are investment instruments intended not only for large capital owners but also accessible to the general public. It also provides Brokerage and Underwriting services.

PT Minna Padi Investama Sekuritas Tbk Headlines

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