PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) Accounts Receivable : Rp471,705 Mil (As of Mar. 2024)

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What is PT Industri Dan Perdagangan Bintraco Dharma Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Industri Dan Perdagangan Bintraco Dharma Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp471,705 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Industri Dan Perdagangan Bintraco Dharma Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 26.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Industri Dan Perdagangan Bintraco Dharma Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-143.02.

PT Industri Dan Perdagangan Bintraco Dharma Tbk Accounts Receivable Historical Data

The historical data trend for PT Industri Dan Perdagangan Bintraco Dharma Tbk'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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PT Industri Dan Perdagangan Bintraco Dharma Tbk Accounts Receivable Chart

PT Industri Dan Perdagangan Bintraco Dharma Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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622,035.28

298,781.34

370,905.21

360,483.79

449,868.65

PT Industri Dan Perdagangan Bintraco Dharma Tbk 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															374,072.31	516,651.98	467,395.05	449,868.65	471,704.52

PT Industri Dan Perdagangan Bintraco Dharma Tbk Accounts Receivable Calculation

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

PT Industri Dan Perdagangan Bintraco Dharma Tbk 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.

PT Industri Dan Perdagangan Bintraco Dharma Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	471704.519	/	1650533.08	*	91
=	26.08

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), PT Industri Dan Perdagangan Bintraco Dharma Tbk's accounts receivable are only considered to be worth 75% of book value:

PT Industri Dan Perdagangan Bintraco Dharma Tbk'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)
=	(473188.692	+	0.75 * 471704.519	+	0.5 * 293279.063	-	2835935.571
-	0	-	283026.682)	/	15000
=	-143.02

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.

PT Industri Dan Perdagangan Bintraco Dharma Tbk Accounts Receivable Related Terms

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PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Jalan Sunburst CBD Lot II No. 3, BSD City, Gedung CARSWORLD Lantai 8, Lengkong Gudang, Serpong, Banten, South Tangerang Selatan, IDN, 15321

Website

https://www.bintracodharma.com

PT Industri Dan Perdagangan Bintraco Dharma Tbk is an Indonesia-based company that engages in the automotive, financing, and other businesses. The services of the company include the sale of vehicles, the repair of vehicles, financing services related to motor vehicles, spare parts distribution, repair services, and trading activities as well as electronic system management services related to automotive that can be accessed through websites and mobile devices. The company also provides services that include general repair and body repair and paint of motor vehicles and sells spare parts and accessories for Toyota vehicles as part of its after-sales services. The company operates into segments namely, automotive, financing, and after-sales services.