GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Summarecon Agung Tbk (ISX:SMRA) » Definitions » Accounts Receivable

PT Summarecon Agung Tbk (ISX:SMRA) Accounts Receivable : Rp269,550 Mil (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is PT Summarecon Agung Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Summarecon Agung Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp269,550 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Summarecon Agung Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 11.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Summarecon Agung Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-763.49.


PT Summarecon Agung Tbk Accounts Receivable Historical Data

The historical data trend for PT Summarecon Agung 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 Summarecon Agung Tbk Accounts Receivable Chart

PT Summarecon Agung Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221,696.90 256,538.26 249,078.50 293,870.59 235,912.49

PT Summarecon Agung Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 271,742.52 252,442.30 245,957.56 235,912.49 269,550.16

PT Summarecon Agung Tbk Accounts Receivable Calculation

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


PT Summarecon Agung 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 Summarecon Agung 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
=269550.16/2133692.132*91
=11.53

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

PT Summarecon Agung 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)
=(3388257.195+0.75 * 269550.16+0.5 * 10747720.658-19107640.335
-0-2460849.616)/16508.6
=-763.49

* 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 Summarecon Agung Tbk Accounts Receivable Related Terms

Thank you for viewing the detailed overview of PT Summarecon Agung Tbk's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Summarecon Agung Tbk (ISX:SMRA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Perintis Kemerdekaan No. 42, Pulo Gadung, Jakarta Timur, Jakarta, IDN, 13210
PT Summarecon Agung Tbk is a real estate developer in Indonesia that specializes in townships that include residential and commercial developments and leisure and hospitality businesses. Summarecon Agung's property development segment, which generates most of the company's revenue, develops and then sells properties such as residential houses, apartment buildings, and shopping lots. The company's investment property segment develops properties, including shopping malls, offices, apartments, and commercial spaces, that it retains and leases. The leisure and hospitality segment owns and generates revenue from hotels, golf courses, and sport and fitness clubs.

PT Summarecon Agung Tbk (ISX:SMRA) Headlines

No Headlines