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BlueVenture Group PCL (BKK:BVG) Accounts Receivable : ฿130.1 Mil (As of Mar. 2024)


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What is BlueVenture Group PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BlueVenture Group PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿130.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BlueVenture Group PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 91.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BlueVenture Group PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿0.99.


BlueVenture Group PCL Accounts Receivable Historical Data

The historical data trend for BlueVenture Group PCL's Accounts Receivable 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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BlueVenture Group PCL Accounts Receivable Chart

BlueVenture Group PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
72.22 55.37 53.02 57.30 85.98

BlueVenture Group PCL Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.76 106.82 80.75 85.98 130.09

BlueVenture Group PCL Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


BlueVenture Group PCL Accounts Receivable 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 receivables are being managed.

BlueVenture Group 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
=130.086/129.298*91
=91.81

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), BlueVenture Group PCL's accounts receivable are only considered to be worth 75% of book value:

BlueVenture Group PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(513.464+0.75 * 130.086+0.5 * 0-164.715
-0-0)/450
=0.99

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


BlueVenture Group PCL Accounts Receivable Related Terms

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BlueVenture Group PCL (BKK:BVG) Business Description

Traded in Other Exchanges
N/A
Address
Rajchadapisek Road, 48/21 Soi Rajchadapisek 20, Samsennok Sub-district, Huaykwang District, Bangkok, THA, 10310
BlueVenture Group PCL operates into business units based on its business types of businesses, Providing system services related to Motor insurance, Claims evaluation service and other service business. Each segment is different in service The Company is principally engaged in the provision of consultant services in relation to repair, loss and claim survey for motor vehicles. The Group operates in Thailand.

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