PTrana Mitra Luas TBK (ISX:SMIL) Accounts Receivable : Rp129,812 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is PTrana Mitra Luas TBK Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PTrana Mitra Luas TBK's accounts receivables for the quarter that ended in Mar. 2024 was Rp129,812 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PTrana Mitra Luas TBK's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 121.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PTrana Mitra Luas TBK's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp3.99.

PTrana Mitra Luas TBK Accounts Receivable Historical Data

The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Accounts Receivable Chart

PTrana Mitra Luas TBK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

62,017.07

63,546.34

114,816.28

104,637.44

152,869.25

PTrana Mitra Luas TBK Quarterly Data
	Dec19	Dec20	Dec21	Oct22	Mar23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			114,816.28	88,384.57	-	152,869.25	129,812.28

PTrana Mitra Luas TBK Accounts Receivable Calculation

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

PTrana Mitra Luas 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.

PTrana Mitra Luas 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
=	129812.275	/	97497.745	*	91
=	121.49

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

PTrana Mitra Luas 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)
=	(97158.949	+	0.75 * 129812.275	+	0.5 * 4853.82	-	162060.762
-	0	-	0)	/	8750.03
=	3.99

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.

PTrana Mitra Luas TBK Accounts Receivable Related Terms

Thank you for viewing the detailed overview of PTrana Mitra Luas TBK's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

PTrana Mitra Luas TBK (ISX:SMIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Sarana Mitra Luas TBK (ISX:SMIL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Gemalapik Pasirsari, Raya No. 130 – 111, Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530

Website

https://www.sml.co.id

PT Sarana Mitra Luas TBK is a forklift rental company. PT. Sarana Mitra Luas has become one of the leading forklift rental companies in Indonesia with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has one business segment, namely forklift rental services.

PTrana Mitra Luas TBK (ISX:SMIL) Headlines

No Headlines