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PT Tifico Fiber Indonesia Tbk (ISX:TFCO) Accounts Receivable : Rp335,822 Mil (As of Mar. 2024)


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What is PT Tifico Fiber Indonesia Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Tifico Fiber Indonesia Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp335,822 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Tifico Fiber Indonesia Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 41.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Tifico Fiber Indonesia Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp172.95.


PT Tifico Fiber Indonesia Tbk Accounts Receivable Historical Data

The historical data trend for PT Tifico Fiber Indonesia 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.

* Premium members only.

PT Tifico Fiber Indonesia Tbk Accounts Receivable Chart

PT Tifico Fiber Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 254,402.45 235,680.60 343,911.42 294,421.63 288,001.58

PT Tifico Fiber Indonesia 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 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 Premium Member Only 311,241.38 359,452.03 387,870.47 288,001.58 335,821.99

PT Tifico Fiber Indonesia Tbk Accounts Receivable Calculation

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


PT Tifico Fiber Indonesia 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 Tifico Fiber Indonesia 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
=335821.988/732259.661*91
=41.85

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

PT Tifico Fiber Indonesia 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)
=(625241.838+0.75 * 335821.988+0.5 * 696571.637-391242.483
-0-0)/4823.08
=172.95

* 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 Tifico Fiber Indonesia Tbk Accounts Receivable Related Terms

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PT Tifico Fiber Indonesia Tbk (ISX:TFCO) Business Description

Traded in Other Exchanges
N/A
Address
Jalan MH. Thamrin Kel. Panunggangan, Kec. Pinang, Kota Tangerang, Prop. Banten, Tangerang, IDN, 15143
PT Tifico Fiber Indonesia Tbk is an Indonesian company principally engaged in the manufacture of polyester chips, staple fiber and filament yarn and sale and markets those products. Its products include Polyester Filament Yarn (PFY), Polyester Staple Fiber (PSF) and Polyester CHIP which includes semi dull, full dull, bright and cationic dye. The company uses Japanese innovative technology and machinery for producing finest polyester fiber. It manages its business into four segments namely Chip, Staple Fiber, Filament Yarn, and RCL.

PT Tifico Fiber Indonesia Tbk (ISX:TFCO) Headlines

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