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PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Accounts Receivable : Rp6,188,958 Mil (As of Jun. 2024)


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What is PT Wijaya Karya (Persero) Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Wijaya Karya (Persero) Tbk's accounts receivables for the quarter that ended in Jun. 2024 was Rp6,188,958 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Wijaya Karya (Persero) Tbk's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 141.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Wijaya Karya (Persero) Tbk's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was Rp-889.80.


PT Wijaya Karya (Persero) Tbk Accounts Receivable Historical Data

The historical data trend for PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk Accounts Receivable Chart

PT Wijaya Karya (Persero) 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 17,252,439.02 8,149,375.13 7,591,319.79 8,630,529.64 7,345,467.03

PT Wijaya Karya (Persero) Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 9,153,295.83 8,161,657.14 7,345,467.03 6,764,805.47 6,188,958.25

PT Wijaya Karya (Persero) Tbk Accounts Receivable Calculation

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


PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6188958.246/4002947.246*91
=141.08

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

PT Wijaya Karya (Persero) Tbk's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(7040727.231+0.75 * 6188958.246+0.5 * 15505493.928-51203888.015
-0-3709362.584)/39872
=-889.80

* 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 Wijaya Karya (Persero) Tbk Accounts Receivable Related Terms

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PT Wijaya Karya (Persero) Tbk Business Description

Traded in Other Exchanges
Address
Jalan D.I. Panjaitan Kav. 9-10, WIKA Tower 1 & 2, Jakarta, IDN, 13340
PT Wijaya Karya (Persero) Tbk is an engineering and construction firm focusing on construction, large infrastructure projects, energy plants, real estate, and other developments. It constructs transportation networks for public systems and builds residential and commercial buildings for various end markets. The company works throughout the entire construction process, from planning and design to building and repairing existing structures. Wijaya Karya has five business segments: infrastructure and buildings, energy and industrial plants, Investment, realty and property, and industry. The company is controlled by the Indonesian government.

PT Wijaya Karya (Persero) Tbk Headlines

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