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An Cuong Wood - Working JSC (STC:ACG) Accounts Receivable : ₫736,169 Mil (As of Jun. 2024)


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What is An Cuong Wood - Working JSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. An Cuong Wood - Working JSC's accounts receivables for the quarter that ended in Jun. 2024 was ₫736,169 Mil.

Accounts receivable can be measured by Days Sales Outstanding. An Cuong Wood - Working JSC's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 65.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. An Cuong Wood - Working JSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ₫11,419.31.


An Cuong Wood - Working JSC Accounts Receivable Historical Data

The historical data trend for An Cuong Wood - Working JSC'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.

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An Cuong Wood - Working JSC Accounts Receivable Chart

An Cuong Wood - Working JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
613,349.47 607,079.45 549,583.34 654,268.21 723,795.49

An Cuong Wood - Working JSC Quarterly Data
Dec19 Dec20 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 710,741.01 673,848.31 723,795.49 554,886.97 736,169.09

An Cuong Wood - Working JSC Accounts Receivable Calculation

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


An Cuong Wood - Working JSC 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.

An Cuong Wood - Working JSC's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=736169.088/1025855.544*91
=65.48

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), An Cuong Wood - Working JSC's accounts receivable are only considered to be worth 75% of book value:

An Cuong Wood - Working JSC'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)
=(2129115.751+0.75 * 736169.088+0.5 * 1128424.308-1523559.864
-0-0)/150.788
=11,419.31

* 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.


An Cuong Wood - Working JSC Accounts Receivable Related Terms

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An Cuong Wood - Working JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM
Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

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