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Bangkok Aviation Fuel Services PCL (BKK:BAFS) Change In Receivables : ฿-70 Mil (TTM As of Mar. 2024)


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What is Bangkok Aviation Fuel Services PCL Change In Receivables?

Bangkok Aviation Fuel Services PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-48 Mil. It means Bangkok Aviation Fuel Services PCL's Accounts Receivable increased by ฿48 Mil from Dec. 2023 to Mar. 2024 .

Bangkok Aviation Fuel Services PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-37 Mil. It means Bangkok Aviation Fuel Services PCL's Accounts Receivable increased by ฿37 Mil from Dec. 2022 to Dec. 2023 .

Bangkok Aviation Fuel Services PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿339 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. Bangkok Aviation Fuel Services PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bangkok Aviation Fuel Services PCL's liquidation value for the three months ended in Mar. 2024 was ฿-14,313 Mil.


Bangkok Aviation Fuel Services PCL Change In Receivables Historical Data

The historical data trend for Bangkok Aviation Fuel Services 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.

* Premium members only.

Bangkok Aviation Fuel Services PCL Change In Receivables Chart

Bangkok Aviation Fuel Services PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.59 200.42 44.37 -63.67 -36.74

Bangkok Aviation Fuel Services 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 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 -14.88 23.78 13.80 -59.44 -48.35

Bangkok Aviation Fuel Services 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 ฿-70 Mil.

* 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.


Bangkok Aviation Fuel Services PCL  (BKK:BAFS) 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.

Bangkok Aviation Fuel Services 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
=339.197/848.515*91
=36.48

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

Bangkok Aviation Fuel Services 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)
=1359.897-15959.666+0.75 * 339.197+0.5 * 65.696
=-14,313

* 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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Bangkok Aviation Fuel Services PCL (BKK:BAFS) Business Description

Traded in Other Exchanges
N/A
Address
171/2 Kamphang Phet 6 Road, Don Mueang, Khet Don Mueang, Bangkok, THA, 10210
Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company transports fuel through pipelines, and owns storage tanks to handle different variations of fuel. It coordinates filters, water separators, and control rooms to transform the fuel into ready-to-use conditions. In addition, portions of the process are automated and heavily monitored due to the volatile nature of its products, and the company runs a service facility to help command the refueling operations. Bangkok Aviation services multiple airlines, and incorporates technology to improve efficiency while following regulations. Its fuel services provide for domestic (Thailand) and international flights (majority of total flights).

Bangkok Aviation Fuel Services PCL (BKK:BAFS) Headlines

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