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Better World Green PCL (BKK:BWG) Accounts Receivable : ฿400 Mil (As of Mar. 2024)


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What is Better World Green PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Better World Green PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿400 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Better World Green PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 55.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Better World Green PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-0.65.


Better World Green PCL Accounts Receivable Historical Data

The historical data trend for Better World Green 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.

* Premium members only.

Better World Green PCL Accounts Receivable Chart

Better World Green PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 361.15 381.66 355.15 360.45 415.78

Better World Green PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 368.88 372.71 390.86 415.78 400.48

Better World Green PCL Accounts Receivable Calculation

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


Better World Green 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.

Better World Green 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
=400.478/654.983*91
=55.79

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

Better World Green 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)
=(2321.856+0.75 * 400.478+0.5 * 61.716-4317.237
-0-1862.21)/5401.2
=-0.65

* 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.


Better World Green PCL Accounts Receivable Related Terms

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Better World Green PCL (BKK:BWG) Business Description

Traded in Other Exchanges
N/A
Address
488 Soi Ladprao 130 (Mahatthai 2), Ladprao Road, Klongchan Sub-District, Bangkapi District, Bangkok, THA, 10240
Better World Green PCL is a waste management company with operations in Thailand. The core revenue-generating services rendered are waste treatment and disposal of industrial waste. The company offers landfill disposal systems, chemical and biological waste-water treatment for industrial factories and solid waste-to-renewable energy systems. Its other business activities are involving and support the principal business operations that include the agency of industrial and construction income waste management, the agency of transportation business which accounts for minimal revenues. The business divisions of the group are Disposable waste business, Transport, Power business and Construction, of which key revenue is derived from the Disposable waste business.

Better World Green PCL (BKK:BWG) Headlines

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