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Thac BA Hydropower JSC (STC:TBC) Accounts Receivable : ₫122,696 Mil (As of Sep. 2024)


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What is Thac BA Hydropower JSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thac BA Hydropower JSC's accounts receivables for the quarter that ended in Sep. 2024 was ₫122,696 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Thac BA Hydropower JSC's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 58.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thac BA Hydropower JSC's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₫-2,934.24.


Thac BA Hydropower JSC Accounts Receivable Historical Data

The historical data trend for Thac BA Hydropower 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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Thac BA Hydropower JSC Accounts Receivable Chart

Thac BA Hydropower JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Thac BA Hydropower JSC 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 198,105.64 - 152,375.14 176,710.66 122,695.77

Thac BA Hydropower JSC Accounts Receivable Calculation

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


Thac BA Hydropower 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.

Thac BA Hydropower JSC's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=122695.769/192731.51*91
=58.09

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

Thac BA Hydropower JSC'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)
=(130502.406+0.75 * 122695.769+0.5 * 16006.544-121650.505
-0-295201.554)/63.5
=-2,934.24

* 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.


Thac BA Hydropower JSC Accounts Receivable Related Terms

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Thac BA Hydropower JSC Business Description

Traded in Other Exchanges
N/A
Address
Thac Ba Town, Yen Binh District, Yen Bai Province, Thac Ba, VNM
Thac BA Hydropower JSC is a Vietnam based company primarily involved in producing and trading electricity. It is also involved in the management, operation, repair, maintenance, overhaul, renovation of hydraulic works, architectural works, equipment of hydropower plants and transformer stations. The other business activities of the organization are Testing and adjusting electrical equipment; Purchase and sale, import and export of materials and equipment; Consultancy of construction investment projects, construction investment management, supervision and supervision of construction and installation of electricity projects; Investing in power and grid projects; Fostering, training on management, operation, maintenance and repair of power plant equipment; and Business travel services.

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