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Krung Thai Bank PCL (Krung Thai Bank PCL) Accounts Receivable : $664 Mil (As of Mar. 2024)


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What is Krung Thai Bank PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Krung Thai Bank PCL's accounts receivables for the quarter that ended in Mar. 2024 was $664 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Krung Thai Bank PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Krung Thai Bank PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-5.72.


Krung Thai Bank PCL Accounts Receivable Historical Data

The historical data trend for Krung Thai Bank PCL'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.

Krung Thai Bank PCL Accounts Receivable Chart

Krung Thai Bank PCL 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 176.65 541.88 615.63 735.16 666.99

Krung Thai Bank PCL 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 765.06 530.21 611.01 666.99 664.50

Krung Thai Bank PCL Accounts Receivable Calculation

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


Krung Thai Bank PCL 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.

Krung Thai Bank PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=664.497/1122.675*91
=54.01

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Krung Thai Bank PCL's accounts receivable are only considered to be worth 75% of book value:

Krung Thai Bank PCL'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)
=(11338.533+0.75 * 664.497+0.5 * 0-91245.956
-0.788-537.44)/13976.1
=-5.72

* 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.


Krung Thai Bank PCL Accounts Receivable Related Terms

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Krung Thai Bank PCL (Krung Thai Bank PCL) Business Description

Address
35 Sukhumvit Road, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110
Krung Thai Bank PCL engages in commercial banking business and conducts its business through a nationwide branch network and in certain centers of the world. The company has three segments which are Retail banking, Corporate banking and Treasury and investment. Majority of the revenue is earned from Retail banking segment.

Krung Thai Bank PCL (Krung Thai Bank PCL) Headlines

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