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PT Sekar Laut Tbk (ISX:SKLT) Accounts Receivable : Rp242,300 Mil (As of Mar. 2024)


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What is PT Sekar Laut Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Sekar Laut Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp242,300 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Sekar Laut Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 42.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Sekar Laut Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-35.48.


PT Sekar Laut Tbk Accounts Receivable Historical Data

The historical data trend for PT Sekar Laut 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 Sekar Laut Tbk Accounts Receivable Chart

PT Sekar Laut Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 182,138.38 157,784.38 159,737.70 179,530.24 186,648.84

PT Sekar Laut Tbk Quarterly Data
Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 197,374.64 186,516.11 186,648.84 242,300.44

PT Sekar Laut Tbk Accounts Receivable Calculation

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


PT Sekar Laut 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 Sekar Laut Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=242300.437/518475.863*91
=42.64

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

PT Sekar Laut Tbk's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(173592.176+0.75 * 242300.437+0.5 * 259391.026-504612.25
-0-201235.008)/6223.79
=-35.48

* 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 Sekar Laut Tbk Accounts Receivable Related Terms

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PT Sekar Laut Tbk (ISX:SKLT) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Darmo 23-25, Jawa Timur, Surabaya, IDN, 60265
PT Sekar Laut Tbk produces and develops crackers, tomato and chili sauces, and ready to use seasonings in Indonesia and internationally. It products include Crackers, Condiment, Cooking Spices, Melinjo. and Sauce products under the Finna brand name. In addition, it is involved in the trading of consumer goods, shrimp feed, and others; and restaurant business. It has a geographical presence in Netherland, Korea, England, Oceania, China and other regions of which Netherland generates maximum revenue.

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