Asian Sea PCL (BKK:ASIAN) Change In Receivables : ฿-213 Mil (TTM As of Mar. 2024)

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What is Asian Sea PCL Change In Receivables?

Asian Sea PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-273 Mil. It means Asian Sea PCL's Accounts Receivable increased by ฿273 Mil from Dec. 2023 to Mar. 2024 .

Asian Sea PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-24 Mil. It means Asian Sea PCL's Accounts Receivable increased by ฿24 Mil from Dec. 2022 to Dec. 2023 .

Asian Sea PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿1,613 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. Asian Sea PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asian Sea PCL's liquidation value for the three months ended in Mar. 2024 was ฿2,186 Mil.

Asian Sea PCL Change In Receivables Historical Data

The historical data trend for Asian Sea 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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Asian Sea PCL Change In Receivables Chart

Asian Sea PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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306.36

-170.86

-180.49

-239.55

-23.93

Asian Sea PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-83.46	-0.75	-3.30	63.57	-272.89

Asian Sea 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-213 Mil.

Asian Sea PCL (BKK:ASIAN) 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.

Asian Sea PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1612.619	/	2608.062	*	91
=	56.42

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

Asian Sea PCL's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1065.334	-	1313.888	+	0.75 * 1612.619	+	0.5 * 2450.135
=	2,186

Asian Sea PCL Change In Receivables Related Terms

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Asian Sea PCL (BKK:ASIAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asian Sea Corp PCL (BKK:ASIAN) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

55/2 Moo 2 Rama 2 Road, Bangkrajao, Muang, Samutsakhon, THA, 74000

Website

https://asiansea.co.th

Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and the provision of cold storage services. The company operates in various segments that include Frozen and packaged food products, Feedstuff, and Other business in cold storage services. The Feedstuff segment earns the maximum revenue for the company. Its product line consists of raw shrimps, cooked shrimps, squids, cuttlefish, octopuses, tuna, and pre-fried, deep-fried, and grilled seafood. It distributes products under the brand names TCC, ASS, Sakura, and Asian Seafood among others. Geographically, it derives a majority of its revenue from the United States of America.

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