PT Mitra Pack Tbk (ISX:PTMP) Accounts Receivable : Rp36,181 Mil (As of Dec. 2024)

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What is PT Mitra Pack Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Mitra Pack Tbk's accounts receivables for the quarter that ended in Dec. 2024 was Rp36,181 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Mitra Pack Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 54.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Mitra Pack Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was Rp-2.59.

PT Mitra Pack Tbk Accounts Receivable Historical Data

The historical data trend for PT Mitra Pack 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 Mitra Pack Tbk Accounts Receivable Chart

PT Mitra Pack Tbk Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

19,700.39

25,191.01

37,215.32

36,180.53

PT Mitra Pack Tbk Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial								37,215.32	40,584.02	38,395.72	41,203.44	36,180.53

PT Mitra Pack Tbk Accounts Receivable Calculation

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

PT Mitra Pack 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 Mitra Pack Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	36180.532	/	60074.525	*	91
=	54.96

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

PT Mitra Pack Tbk's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(13005.965	+	0.75 * 36180.532	+	0.5 * 135171.947	-	102586.998
-	0	-	13336.215)	/	3169.200
=	-2.59

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 Mitra Pack Tbk Accounts Receivable Related Terms

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PT Mitra Pack Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PT Mitra Pack Tbk (ISX:PTMP) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Jl. Pangeran Jayakarta No. 135, Komplek Prima Jayakarta Blok B-20, Mangga Dua Selatan, Sawah Besar, Jakarta Pusat, Jakarta, IDN, 10730

Website

https://www.mitrapack.co.id

PT Mitra Pack Tbk specializes in Coding, Marking, Product Inspection Systems, and Food Packaging. The company engages in trading of product inspection systems such as metal detectors, X-ray inspection systems, check-weighers, and provides food and industrial goods packaging services. It is also engaged in trading of spare parts and chemicals, and providing related after-sales services. Its business segments are; Parts, Machines, Rental income, and Engineering income. The firm derives a majority of its revenue from the Parts, and Machines segment.

PT Mitra Pack Tbk Headlines

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