PT Lovina Beach Brewery Tbk (ISX:STRK) Accounts Receivable : Rp14,104 Mil (As of Dec. 2023)

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What is PT Lovina Beach Brewery Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Lovina Beach Brewery Tbk's accounts receivables for the quarter that ended in Dec. 2023 was Rp14,104 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Lovina Beach Brewery Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 65.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Lovina Beach Brewery Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was Rp6.24.

PT Lovina Beach Brewery Tbk Accounts Receivable Historical Data

The historical data trend for PT Lovina Beach Brewery 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 Lovina Beach Brewery Tbk Accounts Receivable Chart

PT Lovina Beach Brewery Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

22,696.75

25,248.72

15,498.66

14,104.11

PT Lovina Beach Brewery Tbk Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Accounts Receivable	22,696.75	25,248.72	15,498.66	14,104.11

PT Lovina Beach Brewery Tbk Accounts Receivable Calculation

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

PT Lovina Beach Brewery 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 Lovina Beach Brewery Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	14104.11	/	39284.096	*	91
=	65.52

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

PT Lovina Beach Brewery Tbk's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(66224.196	+	0.75 * 14104.11	+	0.5 * 4896.768	-	12320.566
-	0	-	0.936)	/	10721.7
=	6.24

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 Lovina Beach Brewery Tbk Accounts Receivable Related Terms

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PT Lovina Beach Brewery Tbk (ISX:STRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » PT Lovina Beach Brewery Tbk (ISX:STRK) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

Jl. Tukad Banyu Poh 110X, Sesetan, Selatan, Denpasar, IDN, 80223

Website

https://www.lovinabeachbrewery.com

PT Lovina Beach Brewery Tbk producer and distributor of local alcoholic beverages in Indonesia. The main focus in providing unique and authentic experiences to customers, while supporting the growth of local industry.

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