GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Urban Jakarta Propertindo Tbk (ISX:URBN) » Definitions » Accounts Receivable

PT Urban Jakarta Propertindo Tbk (ISX:URBN) Accounts Receivable : Rp8,215 Mil (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is PT Urban Jakarta Propertindo Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Urban Jakarta Propertindo Tbk's accounts receivables for the quarter that ended in Sep. 2023 was Rp8,215 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Urban Jakarta Propertindo Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 124.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Urban Jakarta Propertindo Tbk's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was Rp-771.03.


PT Urban Jakarta Propertindo Tbk Accounts Receivable Historical Data

The historical data trend for PT Urban Jakarta Propertindo 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 Urban Jakarta Propertindo Tbk Accounts Receivable Chart

PT Urban Jakarta Propertindo Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 63,094.29 15,863.12 22,683.37 26,893.69 11,785.40

PT Urban Jakarta Propertindo Tbk Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 26,515.49 11,785.40 10,013.60 8,515.89 8,214.66

PT Urban Jakarta Propertindo Tbk Accounts Receivable Calculation

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


PT Urban Jakarta Propertindo 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 Urban Jakarta Propertindo Tbk's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8214.662/6001.123*91
=124.91

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

PT Urban Jakarta Propertindo Tbk's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(28196.123+0.75 * 8214.662+0.5 * 1546052.073-2244171.811
-0-968506.439)/3119.6
=-771.03

* 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 Urban Jakarta Propertindo Tbk Accounts Receivable Related Terms

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


PT Urban Jakarta Propertindo Tbk (ISX:URBN) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav. 52-53, District 8 Treasury Tower - Floor 19, F-G - SCBD Lot 28, Jakarta Selatan, Jakarta, IDN, 12190
PT Urban Jakarta Propertindo Tbk is a real estate development company. The company's operating segment include Apartment and Land. It generates maximum revenue from the Apartment segment. The company's property portfolio includes residential property, commercial property, and shopping malls.

PT Urban Jakarta Propertindo Tbk (ISX:URBN) Headlines

From GuruFocus

URBN Reports Record Q2 Sales

By Marketwired 08-22-2023

URBN Announces Appointment of New CFO

By GlobeNewswire GlobeNewswire 12-03-2020

URBN COVID-19 Update

By Marketwired Marketwired 03-15-2020

URBN Reports Record Q4 Sales and Personnel Update

By GuruFocusNews GuruFocusNews 02-10-2022

URBN Reports Record Holiday Sales

By GuruFocusNews GuruFocusNews 01-11-2022