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PT Pabrik Kertas Tjiwi Kimia Tbk (ISX:TKIM) Accounts Receivable : Rp974,830 Mil (As of Mar. 2024)


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What is PT Pabrik Kertas Tjiwi Kimia Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Pabrik Kertas Tjiwi Kimia Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp974,830 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Pabrik Kertas Tjiwi Kimia Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 20.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Pabrik Kertas Tjiwi Kimia Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-2,950.99.


PT Pabrik Kertas Tjiwi Kimia Tbk Accounts Receivable Historical Data

The historical data trend for PT Pabrik Kertas Tjiwi Kimia 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 Pabrik Kertas Tjiwi Kimia Tbk Accounts Receivable Chart

PT Pabrik Kertas Tjiwi Kimia 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 1,468,461.38 974,910.01 682,928.57 1,532,059.02 1,099,514.86

PT Pabrik Kertas Tjiwi Kimia 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 679,507.53 1,173,666.03 1,507,667.51 1,099,514.86 974,830.31

PT Pabrik Kertas Tjiwi Kimia Tbk Accounts Receivable Calculation

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


PT Pabrik Kertas Tjiwi Kimia 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 Pabrik Kertas Tjiwi Kimia 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
=974830.308/4286432.231*91
=20.75

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

PT Pabrik Kertas Tjiwi Kimia 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)
=(6409075.703+0.75 * 974830.308+0.5 * 3427468.524-18041028.123
-0-0)/3113.22
=-2,950.99

* 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 Pabrik Kertas Tjiwi Kimia Tbk Accounts Receivable Related Terms

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PT Pabrik Kertas Tjiwi Kimia Tbk (ISX:TKIM) Business Description

Traded in Other Exchanges
Address
Jalan M.H. Thamrin No. 51, Sinarmas Land Plaza, Tower II, 9th Floor, Jakarta, IDN, 10350
PT Pabrik Kertas Tjiwi Kimia Tbk is engaged in paper and stationery manufacturing with its main product such as printed paper, coated, and carbonless. The company also produces a wide range of converted stationery and office products such as exercise books, writing pad, loose-leaf, spiral, envelope, computer form, gift wrapping paper, and shopping bag. It operates in two business segments that are Cultural paper products, and Industrial paper products and others. The Cultural paper products segment consists primarily of printing and writing paper and related paper products; the Industrial paper segment consists of fluting medium paper and carton boxes; The other product segment includes the sale of the chemical by-product.

PT Pabrik Kertas Tjiwi Kimia Tbk (ISX:TKIM) Headlines

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