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Pt Multi Makmur Lemindo Tbk (ISX:PIPA) Accounts Receivable : Rp9,346 Mil (As of Sep. 2024)


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What is Pt Multi Makmur Lemindo Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pt Multi Makmur Lemindo Tbk's accounts receivables for the quarter that ended in Sep. 2024 was Rp9,346 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pt Multi Makmur Lemindo Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 95.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pt Multi Makmur Lemindo Tbk's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was Rp4.81.


Pt Multi Makmur Lemindo Tbk Accounts Receivable Historical Data

The historical data trend for Pt Multi Makmur Lemindo 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 Multi Makmur Lemindo Tbk Accounts Receivable Chart

Pt Multi Makmur Lemindo Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
10,299.52 2,308.72 2,105.22 5,115.15 6,846.33

Pt Multi Makmur Lemindo Tbk Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,436.51 6,846.33 5,799.60 5,546.58 9,346.47

Pt Multi Makmur Lemindo Tbk Accounts Receivable Calculation

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


Pt Multi Makmur Lemindo 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 Multi Makmur Lemindo Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9346.47/8962.134*91
=95.16

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Pt Multi Makmur Lemindo Tbk's accounts receivable are only considered to be worth 75% of book value:

Pt Multi Makmur Lemindo Tbk's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(11971.875+0.75 * 9346.47+0.5 * 46811.817-25929.295
-0-0.232)/3425.029
=4.81

* 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 Multi Makmur Lemindo Tbk Accounts Receivable Related Terms

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Pt Multi Makmur Lemindo Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Sultan Iskandar Muda No.70, Kedaung Baru, Neglasari Tangerang, Banten, Tangerang, IDN, 15128
Pt Multi Makmur Lemindo Tbk is engaged in the Engaged in manufacturing building materials made of PVC-based plastic such as PVC pipes, PVC fittings, PVC Hose, Cast Buckets and Water Tanks by toll-free at other factories using its own patented brand.

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