Market Connections Asia PCL (BKK:MCA) Accounts Receivable : ฿99.5 Mil (As of Dec. 2023)

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What is Market Connections Asia PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Market Connections Asia PCL's accounts receivables for the quarter that ended in Dec. 2023 was ฿99.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Market Connections Asia PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 69.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Market Connections Asia PCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ฿0.68.

Market Connections Asia PCL Accounts Receivable Historical Data

The historical data trend for Market Connections Asia 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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Market Connections Asia PCL Accounts Receivable Chart

Market Connections Asia PCL Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

52.33

66.11

99.49

Market Connections Asia PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	52.33	-	66.11	75.86	99.49

Market Connections Asia PCL Accounts Receivable Calculation

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

Market Connections Asia 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.

Market Connections Asia PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	99.491	/	260.829	*	91
=	69.61

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

Market Connections Asia PCL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(142.713	+	0.75 * 99.491	+	0.5 * 2.871	-	62.02
-	0	-	0)	/	230
=	0.68

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.

Market Connections Asia PCL Accounts Receivable Related Terms

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Market Connections Asia PCL (BKK:MCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Market Connections Asia PCL (BKK:MCA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

51/859 Soi Nuanchan 34, Nuanchan Subdistrict, Bueng Kum, Bangkok, THA, 10230

Website

https://www.marketconnectionsasia.com

Market Connections Asia PCL is a company that does integrated marketing activities both offline and online. The company focuses on providing services. and is a coordinating medium To increase sales in various trade channels Ready to provide service and support in taking care of every aspect of the work process. in order to get effective results. The company's business segment includes Marketing and digital activities, Packing and logistics, Product consultants, and Merchandising. The company generates the majority of its revenue from Merchandising, and Marketing and digital activities.

Market Connections Asia PCL (BKK:MCA) Headlines

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