Eastern Technical Engineering PCL (BKK:ETE) Change In Receivables : ฿-4 Mil (TTM As of Mar. 2024)

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What is Eastern Technical Engineering PCL Change In Receivables?

Eastern Technical Engineering PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿38 Mil. It means Eastern Technical Engineering PCL's Accounts Receivable declined by ฿38 Mil from Dec. 2023 to Mar. 2024 .

Eastern Technical Engineering PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-230 Mil. It means Eastern Technical Engineering PCL's Accounts Receivable increased by ฿230 Mil from Dec. 2022 to Dec. 2023 .

Eastern Technical Engineering PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿501 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. Eastern Technical Engineering PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 121.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eastern Technical Engineering PCL's liquidation value for the three months ended in Mar. 2024 was ฿-1,018 Mil.

Eastern Technical Engineering PCL Change In Receivables Historical Data

The historical data trend for Eastern Technical Engineering 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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Eastern Technical Engineering PCL Change In Receivables Chart

Eastern Technical Engineering PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-49.04

244.82

115.79

-249.07

-229.71

Eastern Technical Engineering 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															-187.75	-0.94	4.77	-45.80	37.78

Eastern Technical Engineering 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 ฿-4 Mil.

Eastern Technical Engineering PCL (BKK:ETE) 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.

Eastern Technical Engineering 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
=	500.537	/	377.079	*	91
=	121.13

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

Eastern Technical Engineering 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)
=	72.218	-	1531.743	+	0.75 * 500.537	+	0.5 * 132.723
=	-1,018

Eastern Technical Engineering PCL Change In Receivables Related Terms

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Eastern Technical Engineering PCL (BKK:ETE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Eastern Technical Engineering PCL (BKK:ETE) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

59 / 21-22 Moo 1, Liang Muang Road, Bang Kung Subdistrict, Mueang Surat Thani District, Surat Thani, Bangkok, THA, 84000

Website

https://www.eastern-groups.com

Eastern Technical Engineering PCL is engaged in operating management service, installation service of electricity transmission network, telecommunication network, power generation from renewable energy and sale of goods and other service. The company's segments include Business of Management Service; Business of Construction Service; Business of renewable energy; and Business of sale of goods and other services. It derives majority of the revenue from Business of Management Service. All of its operations are carried out in Thailand.

Eastern Technical Engineering PCL (BKK:ETE) Headlines

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