Asia Sermkij Leasing PCL (BKK:ASK) Change In Receivables : ฿-9,537 Mil (TTM As of Mar. 2024)

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What is Asia Sermkij Leasing PCL Change In Receivables?

Asia Sermkij Leasing PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-1,571 Mil. It means Asia Sermkij Leasing PCL's Accounts Receivable increased by ฿1,571 Mil from Dec. 2023 to Mar. 2024 .

Asia Sermkij Leasing PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-11,124 Mil. It means Asia Sermkij Leasing PCL's Accounts Receivable increased by ฿11,124 Mil from Dec. 2022 to Dec. 2023 .

Asia Sermkij Leasing PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿75 Mil.

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 Receivable are being managed. Asia Sermkij Leasing PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Sermkij Leasing PCL's liquidation value for the three months ended in Mar. 2024 was ฿-67,028 Mil.

Asia Sermkij Leasing PCL Change In Receivables Historical Data

The historical data trend for Asia Sermkij Leasing PCL's Change In Receivables 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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Asia Sermkij Leasing PCL Change In Receivables Chart

Asia Sermkij Leasing PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-5,372.73

-3,155.51

-12,056.77

-13,600.09

-11,123.55

Asia Sermkij Leasing PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-3,158.07	-4,004.43	-2,504.30	-1,456.75	-1,571.34

Asia Sermkij Leasing PCL Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-9,537 Mil.

Asia Sermkij Leasing PCL (BKK:ASK) Change In Receivables 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 Receivable are being managed.

Asia Sermkij Leasing 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
=	75.065	/	1630.928	*	91
=	4.20

2. In Ben Graham's calculation of liquidation value, Asia Sermkij Leasing PCL's accounts receivable are only considered to be worth 75% of book value:

Asia Sermkij Leasing PCL's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	489.781	-	67573.637	+	0.75 * 75.065	+	0.5 * 0
=	-67,028

Asia Sermkij Leasing PCL Change In Receivables Related Terms

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Asia Sermkij Leasing PCL (BKK:ASK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Asia Sermkij Leasing PCL (BKK:ASK) » Definitions » Change In Receivables

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Address

South Sathorn Road, 175 Sathorn City Tower, 24th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.ask.co.th

Asia Sermkij Leasing PCL operates hire purchase business for all types of automobiles in the form of new car financing to its customers in Bangkok and metropolitan area. Subsequently, the company has expanded its business into used car hire purchase, personal loan and floor plan financing as well as other services such as auto registration, tax renewal, and insurance services. The business operation can be classified into five operating segments: The hire purchase segment, The leasing segment, The loan segment, The factoring segment, The insurance broker segment. A major part of the revenue is generated from hire purchase division.

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