PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Accounts Receivable : $109.4 Mil (As of Dec. 2023)

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What is PT Tower Bersama Infrastructure Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Tower Bersama Infrastructure Tbk's accounts receivables for the quarter that ended in Dec. 2023 was $109.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Tower Bersama Infrastructure Tbk's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 91.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Tower Bersama Infrastructure Tbk's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.71.

PT Tower Bersama Infrastructure Tbk Accounts Receivable Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Accounts Receivable Chart

PT Tower Bersama Infrastructure Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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33.56

50.39

37.75

17.17

109.35

PT Tower Bersama Infrastructure Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															17.17	34.72	34.36	30.81	109.35

PT Tower Bersama Infrastructure Tbk Accounts Receivable Calculation

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

PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure 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
=	109.351	/	109.484	*	91
=	91.14

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

PT Tower Bersama Infrastructure 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)
=	(52.308	+	0.75 * 109.351	+	0.5 * 34.979	-	2244.774
-	0	-	41.965)	/	453.14
=	-4.71

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 Tower Bersama Infrastructure Tbk Accounts Receivable Related Terms

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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Tower Bersama Infrastructure Tbk (OTCPK:PTFRY) » Definitions » Accounts Receivable

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Traded in Other Exchanges

TBIG:Indonesia

Address

Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940

Website

https://www.tower-bersama.com

PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Headlines

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