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P.C.S. Machine Group Holding PCL (BKK:PCSGH) Accounts Receivable : ฿617 Mil (As of Mar. 2024)


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What is P.C.S. Machine Group Holding PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. P.C.S. Machine Group Holding PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿617 Mil.

Accounts receivable can be measured by Days Sales Outstanding. P.C.S. Machine Group Holding PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 64.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. P.C.S. Machine Group Holding PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿1.26.


P.C.S. Machine Group Holding PCL Accounts Receivable Historical Data

The historical data trend for P.C.S. Machine Group Holding 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.

P.C.S. Machine Group Holding PCL Accounts Receivable Chart

P.C.S. Machine Group Holding 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 729.53 690.07 786.70 741.78 580.06

P.C.S. Machine Group Holding 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 843.80 735.42 720.35 580.06 616.86

P.C.S. Machine Group Holding PCL Accounts Receivable Calculation

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


P.C.S. Machine Group Holding 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.

P.C.S. Machine Group Holding 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
=616.861/872.979*91
=64.48

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

P.C.S. Machine Group Holding 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)
=(2112.21+0.75 * 616.861+0.5 * 566.293-941.252
-0-0)/1525
=1.26

* 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.


P.C.S. Machine Group Holding PCL Accounts Receivable Related Terms

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P.C.S. Machine Group Holding PCL (BKK:PCSGH) Business Description

Traded in Other Exchanges
N/A
Address
2/1-9 Moo 3, Khok Kruat, Mueang Nakhorn Ratchasima, Nakhon Ratchasima, THA, 30280
P.C.S. Machine Group Holding PCL is a Thailand-based auto parts manufacturer. It is engaged in the manufacture and sale of automotive parts. The company manages and operates principally in Thailand. The group through its subsidiary manufactures engine parts, transmission parts, final drive parts such as camshaft, common rail, gear, and shaft. It also manufactures die casting parts like high-pressure die-casting, vacuum casting, and other aluminum machining parts through its die-casting subsidiary. The company has two reportable segments Asia segment and Europe segment. Majority of revenue is generated from Asia segment.

P.C.S. Machine Group Holding PCL (BKK:PCSGH) Headlines

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