Fortune Parts Industry PCL (BKK:FPI) Change In Receivables : ฿-7 Mil (TTM As of Dec. 2023)

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What is Fortune Parts Industry PCL Change In Receivables?

Fortune Parts Industry PCL's change in receivables for the quarter that ended in Dec. 2023 was ฿1 Mil. It means Fortune Parts Industry PCL's Accounts Receivable declined by ฿1 Mil from Sep. 2023 to Dec. 2023 .

Fortune Parts Industry PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-7 Mil. It means Fortune Parts Industry PCL's Accounts Receivable increased by ฿7 Mil from Dec. 2022 to Dec. 2023 .

Fortune Parts Industry PCL's Accounts Receivable for the quarter that ended in Dec. 2023 was ฿1,213 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. Fortune Parts Industry PCL's Days Sales Outstanding for the three months ended in Dec. 2023 was 169.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fortune Parts Industry PCL's liquidation value for the three months ended in Dec. 2023 was ฿205 Mil.

Fortune Parts Industry PCL Change In Receivables Historical Data

The historical data trend for Fortune Parts Industry 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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Fortune Parts Industry PCL Change In Receivables Chart

Fortune Parts Industry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-79.47

14.62

-349.55

-243.25

-7.35

Fortune Parts Industry PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-13.16	15.93	-0.89	-23.47	1.08

Fortune Parts Industry 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-7 Mil.

Fortune Parts Industry PCL (BKK:FPI) 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.

Fortune Parts Industry PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1213.482	/	654.416	*	91
=	169.20

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

Fortune Parts Industry PCL's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	221.406	-	1266.851	+	0.75 * 1213.482	+	0.5 * 681.367
=	205

Fortune Parts Industry PCL Change In Receivables Related Terms

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Fortune Parts Industry PCL (BKK:FPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fortune Parts Industry PCL (BKK:FPI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nimitmai Road, 11/22 Moo 20, Lamlukka, Pathumthani, THA, 12150

Website

https://www.fpiautoparts.com

Fortune Parts Industry PCL is engaged in the manufacture and distribution of automotive replacement parts, dipping, and painting services based in Thailand. It has three operating segments Domestic sales, which manufacture and domestic distribution of automotive parts and equipment; Export sales, which manufacture and overseas distribution of automotive parts and equipment; and Services from dipping and painting. Some of the products offered by the company are Plastic injection parts, Lamp and mirrors, Coolants, Engine and Break parts, among others. Export sales generate the majority of the revenue. Geographically, it makes sales in Thailand, Saudi Arabia, and other countries.