Sermsang Power PCL (BKK:SSP) Change In Receivables : ฿139 Mil (TTM As of Mar. 2024)

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What is Sermsang Power PCL Change In Receivables?

Sermsang Power PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-11 Mil. It means Sermsang Power PCL's Accounts Receivable increased by ฿11 Mil from Dec. 2023 to Mar. 2024 .

Sermsang Power PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿56 Mil. It means Sermsang Power PCL's Accounts Receivable declined by ฿56 Mil from Dec. 2022 to Dec. 2023 .

Sermsang Power PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿889 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. Sermsang Power PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 98.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sermsang Power PCL's liquidation value for the three months ended in Mar. 2024 was ฿-13,830 Mil.

Sermsang Power PCL Change In Receivables Historical Data

The historical data trend for Sermsang Power 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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Sermsang Power PCL Change In Receivables Chart

Sermsang Power PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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146.08

-266.10

-271.72

138.10

55.75

Sermsang Power 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															-94.52	78.23	21.98	50.07	-11.41

Sermsang Power 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 ฿139 Mil.

Sermsang Power PCL (BKK:SSP) 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.

Sermsang Power 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
=	888.549	/	823.075	*	91
=	98.51

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

Sermsang Power 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)
=	3196.022	-	17706.354	+	0.75 * 888.549	+	0.5 * 28.021
=	-13,830

Sermsang Power PCL Change In Receivables Related Terms

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Sermsang Power PCL (BKK:SSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sermsang Power Corporation PCL (BKK:SSP) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

325/14 Lan Luang Road, Si Yaek Mahanak, Dusit, Bangkok, THA, 10300

Website

https://www.sermsang.com

Sermsang Power Corporation PCL is engaged in investment, consultancy, and provision of services for energy businesses to related parties. The company's operating segments are production and distribution of electricity from solar plants, Electricity distribution and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from a biomass power plant, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.