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Thai Life Insurance PCL (BKK:TLI) Accounts Receivable : ฿3,799 Mil (As of Mar. 2024)


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What is Thai Life Insurance PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thai Life Insurance PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿3,799 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Thai Life Insurance PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 12.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thai Life Insurance PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-31.92.


Thai Life Insurance PCL Accounts Receivable Historical Data

The historical data trend for Thai Life Insurance 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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Thai Life Insurance PCL Accounts Receivable Chart

Thai Life Insurance PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 3,876.61 5,009.78 4,481.22 4,917.15 4,909.38

Thai Life Insurance PCL Quarterly Data
Dec17 Dec18 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 Premium Member Only 3,383.64 3,823.81 3,664.01 4,909.38 3,799.14

Thai Life Insurance PCL Accounts Receivable Calculation

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


Thai Life Insurance 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.

Thai Life Insurance 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
=3799.139/27055.327*91
=12.81

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

Thai Life Insurance 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)
=(108561.508+0.75 * 3799.139+0.5 * 0-476939.53
-0-0)/11450
=-31.92

* 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.


Thai Life Insurance PCL Accounts Receivable Related Terms

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Thai Life Insurance PCL (BKK:TLI) Business Description

Traded in Other Exchanges
N/A
Address
123 Ratchadaphisek Road, Thai Life Insurance Building, 6th Floor, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400
Thai Life Insurance PCL is a life insurance company. It provides integrated products covering personal accident insurance and group insurance. Its segment includes agent channel and non-agent channel. The company generates maximum revenue from agent channel segment.

Thai Life Insurance PCL (BKK:TLI) Headlines

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