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Ngern Tid Lor PCL (BKK:TIDLOR) Accounts Receivable : ฿1,467 Mil (As of Mar. 2024)


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What is Ngern Tid Lor PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ngern Tid Lor PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿1,467 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ngern Tid Lor PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 25.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ngern Tid Lor PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-24.14.


Ngern Tid Lor PCL Accounts Receivable Historical Data

The historical data trend for Ngern Tid Lor 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.

Ngern Tid Lor PCL Accounts Receivable Chart

Ngern Tid Lor PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 523.71 1,119.56 1,367.45 1,436.40

Ngern Tid Lor PCL Quarterly Data
Sep19 Dec19 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 1,347.23 1,363.34 1,382.51 1,436.40 1,466.93

Ngern Tid Lor PCL Accounts Receivable Calculation

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


Ngern Tid Lor 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.

Ngern Tid Lor 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
=1466.928/5295.928*91
=25.28

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

Ngern Tid Lor 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)
=(2870.196+0.75 * 1466.928+0.5 * 0-74317.04
-0-0)/2913.54
=-24.14

* 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.


Ngern Tid Lor PCL Accounts Receivable Related Terms

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Ngern Tid Lor PCL (BKK:TIDLOR) Business Description

Traded in Other Exchanges
Address
428 Ari Hills Building, Phaholyothin Road, 9th - 15th Floor, Samsen Nai Subdistrict, Phaya Thai District, Bangkok, THA, 10400
Ngern Tid Lor PCL provides loans and hires purchases for all types of vehicles, non-life insurance brokers, and life insurance brokers. The company's segment includes Non-life insurance broker and Hire-purchase and lending services. It generates maximum revenue from the Hire-purchase and lending services segment.

Ngern Tid Lor PCL (BKK:TIDLOR) Headlines

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