Miss Grand International PCL (BKK:MGI) Accounts Receivable : ฿15.8 Mil (As of Mar. 2024)

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What is Miss Grand International PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Miss Grand International PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿15.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Miss Grand International PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 9.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Miss Grand International PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿1.14.

Miss Grand International PCL Accounts Receivable Historical Data

The historical data trend for Miss Grand International 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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Miss Grand International PCL Accounts Receivable Chart

Miss Grand International PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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1.75

43.68

10.94

21.44

12.43

Miss Grand International PCL Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial					19.05	11.81	9.46	12.43	15.77

Miss Grand International PCL Accounts Receivable Calculation

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

Miss Grand International 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.

Miss Grand International 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
=	15.766	/	150.549	*	91
=	9.56

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

Miss Grand International 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)
=	(373.162	+	0.75 * 15.766	+	0.5 * 10.883	-	152.063
-	0	-	0)	/	210
=	1.14

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.

Miss Grand International PCL Accounts Receivable Related Terms

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Miss Grand International PCL (BKK:MGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Miss Grand International PCL (BKK:MGI) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

1213/414 Soi Ladprao 94 (Panjamit), Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310

Website

https://www.missgrandthailand.com

Miss Grand International PCL operates a commerce business that provides the selling of products and services through experiential activities such as Beauty and Entertainment, which are Beauty Pageant Platforms named Miss Grand Thailand Pageant (National Pageant Platform) and Miss Grand International Pageant (International Pageant Platform)including other media contents and entertainment activities. The company sells the products in several distribution channels, both retail and wholesale, The MGI, and other partner products. The company earns revenue from selling beauty pageants, entertainment businesses, consumer products, consumption products, and other products and services. The company earns the majority of its revenue from the entertainment business.