Advice IT Infinite PCL (BKK:ADVICE) Change In Receivables : ฿-1 Mil (TTM As of Sep. 2023)

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What is Advice IT Infinite PCL Change In Receivables?

Advice IT Infinite PCL's change in receivables for the quarter that ended in Sep. 2023 was ฿0 Mil. It means Advice IT Infinite PCL's Accounts Receivable stayed the same from Dec. 2022 to Sep. 2023 .

Advice IT Infinite PCL's change in receivables for the fiscal year that ended in Dec. 2022 was ฿-73 Mil. It means Advice IT Infinite PCL's Accounts Receivable increased by ฿73 Mil from Dec. 2021 to Dec. 2022 .

Advice IT Infinite PCL's Accounts Receivable for the quarter that ended in Sep. 2023 was ฿278 Mil.

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 Receivable are being managed. Advice IT Infinite PCL's Days Sales Outstanding for the three months ended in Sep. 2023 was 7.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advice IT Infinite PCL's liquidation value for the three months ended in Sep. 2023 was ฿-1,328 Mil.

Advice IT Infinite PCL Change In Receivables Historical Data

The historical data trend for Advice IT Infinite PCL's Change In Receivables 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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Advice IT Infinite PCL Change In Receivables Chart

Advice IT Infinite PCL Annual Data

Trend

Dec20

Dec21

Dec22

Change In Receivables

-51.31

-73.24

Advice IT Infinite PCL Quarterly Data
	Dec21	Sep22	Dec22	Sep23
Change In Receivables	-	-	-0.76	-

Advice IT Infinite PCL Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-1 Mil.

Advice IT Infinite PCL (BKK:ADVICE) Change In Receivables 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 Receivable are being managed.

Advice IT Infinite PCL's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	278.261	/	3586.388	*	91
=	7.08

2. In Ben Graham's calculation of liquidation value, Advice IT Infinite PCL's accounts receivable are only considered to be worth 75% of book value:

Advice IT Infinite PCL's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	140.35	-	2351.423	+	0.75 * 278.261	+	0.5 * 1349.331
=	-1,328

Advice IT Infinite PCL Change In Receivables Related Terms

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Advice IT Infinite PCL (BKK:ADVICE) Business Description

Industry

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Traded in Other Exchanges

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Address

74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA

Website

https://www.advice.co.th

Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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