Sirakorn PCL (BKK:SK) Change In Receivables : ฿-16.7 Mil (TTM As of Mar. 2024)

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What is Sirakorn PCL Change In Receivables?

Sirakorn PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿12.7 Mil. It means Sirakorn PCL's Accounts Receivable declined by ฿12.7 Mil from Dec. 2023 to Mar. 2024 .

Sirakorn PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-44.4 Mil. It means Sirakorn PCL's Accounts Receivable increased by ฿44.4 Mil from Dec. 2022 to Dec. 2023 .

Sirakorn PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿86.8 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. Sirakorn PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sirakorn PCL's liquidation value for the three months ended in Mar. 2024 was ฿0.3 Mil.

Sirakorn PCL Change In Receivables Historical Data

The historical data trend for Sirakorn 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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Sirakorn PCL Change In Receivables Chart

Sirakorn PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-25.36

-42.24

-52.00

53.24

-44.37

Sirakorn PCL Quarterly Data
	Dec18	Jun19	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															-14.94	25.79	-14.72	-40.50	12.73

Sirakorn 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 ฿-16.7 Mil.

Sirakorn PCL (BKK:SK) 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.

Sirakorn 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
=	86.832	/	158.846	*	91
=	49.88

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

Sirakorn 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)
=	93.162	-	196.032	+	0.75 * 86.832	+	0.5 * 76.09
=	0.3

Sirakorn PCL Change In Receivables Related Terms

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Sirakorn PCL (BKK:SK) Business Description

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Traded in Other Exchanges

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Address

53/35 Moo 8, Tumbol Bang Krang, Amphur Muang Nonthaburi, Bangkrang Sub-district, Nonthaburi, THA, 11000

Website

https://www.sirakorn.co.th

Sirakorn PCL is engaged in the business of manufacturing and distribution of concrete products and construction work services. Its product portfolio includes Concrete, Prestressed Concrete Pile and Prestressed Concrete Bridge Girder, Section Prestressed Concrete Pile, Solid Square Prestressed Concrete Pile among others. The company derives a vast majority of its revenues from the sales of concrete products.

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