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Don Muang Tollway PCL (BKK:DMT) Accounts Receivable : ฿13 Mil (As of Mar. 2024)


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What is Don Muang Tollway PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Don Muang Tollway PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Don Muang Tollway PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Don Muang Tollway PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-0.51.


Don Muang Tollway PCL Accounts Receivable Historical Data

The historical data trend for Don Muang Tollway 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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Don Muang Tollway PCL Accounts Receivable Chart

Don Muang Tollway PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Don Muang Tollway PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 - - - - 12.90

Don Muang Tollway PCL Accounts Receivable Calculation

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


Don Muang Tollway 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.

Don Muang Tollway 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
=12.896/618.082*91
=1.90

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

Don Muang Tollway 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)
=(559.996+0.75 * 12.896+0.5 * 0-1166.224
-0-11.242)/1181.23
=-0.51

* 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.


Don Muang Tollway PCL Accounts Receivable Related Terms

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Don Muang Tollway PCL (BKK:DMT) Business Description

Traded in Other Exchanges
N/A
Address
40/40 Viphavadi Rangsit Road, Sanambin, Don Muang, Bangkok, THA, 10210
Don Muang Tollway PCL constructs and operates Utra Phimuk - Din Daeng to National Memorial Section, the elevated toll road from Bangkok Metropolitan, and the Northern vicinities as main and direct route to the Center, Northern and North-Eastern part of Thailand. The Company is managed and operates principally in Thailand.

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