Sino Logistics PCL (BKK:SINO) Change In Receivables : ฿-180 Mil (TTM As of Mar. 2024)

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What is Sino Logistics PCL Change In Receivables?

Sino Logistics PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-161 Mil. It means Sino Logistics PCL's Accounts Receivable increased by ฿161 Mil from Dec. 2023 to Mar. 2024 .

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

Sino Logistics PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿414 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. Sino Logistics PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sino Logistics PCL's liquidation value for the three months ended in Mar. 2024 was ฿304 Mil.

Sino Logistics PCL Change In Receivables Historical Data

The historical data trend for Sino Logistics 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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Sino Logistics PCL Change In Receivables Chart

Sino Logistics PCL Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-678.92

591.53

-6.80

Sino Logistics PCL Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial				12.43	36.96	-22.86	-33.32	-161.20

Sino Logistics 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 ฿-180 Mil.

Sino Logistics PCL (BKK:SINO) 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.

Sino Logistics 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
=	414.409	/	773.805	*	91
=	48.87

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

Sino Logistics 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)
=	527.612	-	534.071	+	0.75 * 414.409	+	0.5 * 0
=	304

Sino Logistics PCL Change In Receivables Related Terms

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Sino Logistics PCL (BKK:SINO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sino Logistics Corp PCL (BKK:SINO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 3 Road, 7th Floor, Unit No. 05, 1011 Supalai Grand Tower, Chongnonsee, Yannawa, Bangkok, THA, 10120

Website

https://www.sinologistics.co.th

Sino Logistics Corp PCL is engaged in international and domestic freight forwarding, for sea freight, air freight, land transportation, and multimodal transport operator, warehouse rental service, and provides customs clearance services for imports and exports. It has four reportable segments, which are sea freight, air freight, warehouse rental service, and logistics support. It generate the majority of its revenue from Sea freight.

Sino Logistics PCL (BKK:SINO) Headlines

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