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PT HILLCON Tbk (ISX:HILL) Accounts Receivable : Rp838,542 Mil (As of Mar. 2024)


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What is PT HILLCON Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT HILLCON Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp838,542 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT HILLCON Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 96.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT HILLCON Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-957.11.


PT HILLCON Tbk Accounts Receivable Historical Data

The historical data trend for PT HILLCON 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 HILLCON Tbk Accounts Receivable Chart

PT HILLCON Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
498,197.00 431,845.00 594,552.00 913,645.00 676,066.00

PT HILLCON Tbk Quarterly Data
Dec19 Dec20 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 713,818.00 828,601.00 1,025,599.00 676,066.00 838,542.00

PT HILLCON Tbk Accounts Receivable Calculation

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


PT HILLCON 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 HILLCON 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
=838542/788906*91
=96.99

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

PT HILLCON 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)
=(87813+0.75 * 838542+0.5 * 94174-3307259
-0-278392)/2948.3
=-957.11

* 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.


PT HILLCON Tbk Accounts Receivable Related Terms

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PT HILLCON Tbk (ISX:HILL) Business Description

Traded in Other Exchanges
N/A
Address
Taman Modern, Blok R2 No.19 Cakung, PO Box: 1016, Jakarta, IDN, 13960
PT HILLCON Tbk is engaged in holding company activities and management consulting as well as mining services and construction services through its subsidiaries. The company has completed hundreds of projects, both large and small, with aspects of work safety, health safety, operating safety, and the environment. The Company has extensive experience as a coal and mineral mining contractor, civil contractor, earthworks, river basin construction, and dams. The company's operating segments are Mining Services, Construction Services, and others. The majority of revenue is derived from the Mining services segment.

PT HILLCON Tbk (ISX:HILL) Headlines

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