PTptausaha Gemilangindah Tbk (ISX:SAGE) Accounts Receivable : Rp7,052 Mil (As of Sep. 2024)

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What is PTptausaha Gemilangindah Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PTptausaha Gemilangindah Tbk's accounts receivables for the quarter that ended in Sep. 2024 was Rp7,052 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PTptausaha Gemilangindah Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 130.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PTptausaha Gemilangindah Tbk's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was Rp0.38.

PTptausaha Gemilangindah Tbk Accounts Receivable Historical Data

The historical data trend for PTptausaha Gemilangindah 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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PTptausaha Gemilangindah Tbk Accounts Receivable Chart

PTptausaha Gemilangindah Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

214.06

6,052.78

4,579.07

14,585.10

PTptausaha Gemilangindah Tbk Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial							15,736.90	14,585.10	16,387.42	19,249.65	7,051.86

PTptausaha Gemilangindah Tbk Accounts Receivable Calculation

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

PTptausaha Gemilangindah 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.

PTptausaha Gemilangindah 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
=	7051.858	/	4940.729	*	91
=	130.24

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

PTptausaha Gemilangindah 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)
=	(3181.392	+	0.75 * 7051.858	+	0.5 * 70142.315	-	40496.654
-	0	-	0.968)	/	8033.264
=	0.38

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.

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PTptausaha Gemilangindah Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Saptausaha Gemilangindah Tbk (ISX:SAGE) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Millennium Industrial Estate Building, Jl. Kramat Raya No.32-34,, Senen district, Kwitang Village, Jakarta Central, IDN, 10450

Website

https://www.saptagroup.com

PT Saptausaha Gemilangindah Tbk is engaged in the property sector in the residential and commercial sectors, both within the city and outside the city. The projects of the company are Kamala House, Lavana House, Ruko Portico, and others. Its segment includes Property, Planning Services, and Building, and Environmental Management. It generates the majority of its revenue from the Property segment.