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PTrana Menara Nusantara Tbk (ISX:TOWR) Accounts Receivable : Rp2,476,729 Mil (As of Sep. 2024)


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What is PTrana Menara Nusantara Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PTrana Menara Nusantara Tbk's accounts receivables for the quarter that ended in Sep. 2024 was Rp2,476,729 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PTrana Menara Nusantara Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 68.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PTrana Menara Nusantara Tbk's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was Rp-1,124.07.


PTrana Menara Nusantara Tbk Accounts Receivable Historical Data

The historical data trend for PTrana Menara Nusantara 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 Menara Nusantara Tbk Accounts Receivable Chart

PTrana Menara Nusantara 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 1,347,552.00 1,240,069.00 2,171,296.00 2,557,804.00 3,086,334.00

PTrana Menara Nusantara Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,084,633.00 3,086,334.00 2,421,293.00 2,915,142.00 2,476,729.00

PTrana Menara Nusantara Tbk Accounts Receivable Calculation

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


PTrana Menara Nusantara 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 Menara Nusantara 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
=2476729/3295166*91
=68.59

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

PTrana Menara Nusantara 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)
=(2554759+0.75 * 2476729+0.5 * 13303-60574743
-0-88820)/50036.7
=-1,124.07

* 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.


PTrana Menara Nusantara Tbk Accounts Receivable Related Terms

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PTrana Menara Nusantara Tbk Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Ahmad Yani No. 19A, Kudus, IDN
PT Sarana Menara Nusantara Tbk is an investment company. The company invests in companies that are engaged in leasing space, owning and operating telecommunication towers for wireless operators in Indonesia under long-term lease agreements. The business segments of the company include Tower lease and Other services (VSAT service, and Wireline). The majority of the company's revenue is generated from the Tower Lease segment.

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