Millcon Steel PCL (BKK:MILL) Change In Receivables : ฿-1,350 Mil (TTM As of Mar. 2024)

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What is Millcon Steel PCL Change In Receivables?

Millcon Steel PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿25 Mil. It means Millcon Steel PCL's Accounts Receivable declined by ฿25 Mil from Dec. 2023 to Mar. 2024 .

Millcon Steel PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-1,648 Mil. It means Millcon Steel PCL's Accounts Receivable increased by ฿1,648 Mil from Dec. 2022 to Dec. 2023 .

Millcon Steel PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿4,533 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. Millcon Steel PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 249.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Millcon Steel PCL's liquidation value for the three months ended in Mar. 2024 was ฿-9,876 Mil.

Millcon Steel PCL Change In Receivables Historical Data

The historical data trend for Millcon Steel 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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Millcon Steel PCL Change In Receivables Chart

Millcon Steel PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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653.41

1,246.61

394.60

-1,905.02

-1,647.87

Millcon Steel 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															-273.00	-396.90	937.92	-1,915.89	24.52

Millcon Steel 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 ฿-1,350 Mil.

Millcon Steel PCL (BKK:MILL) 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.

Millcon Steel 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
=	4533.443	/	1657.662	*	91
=	249.55

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

Millcon Steel 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)
=	248.414	-	14596.025	+	0.75 * 4533.443	+	0.5 * 2142.985
=	-9,876

Millcon Steel PCL Change In Receivables Related Terms

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Millcon Steel PCL (BKK:MILL) Business Description

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Traded in Other Exchanges

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Address

Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Bangkhuntien, Bangkok, THA, 10150

Website

https://www.millconsteel.com

Millcon Steel PCL is engaged in the manufacturing and trading of steel products and the generation and sale of electricity from alternative energy sources. The reportable segments of the company are the Manufacturing segment and Trading segment. The vast majority of its revenue comes from the Domestic Market. The company's products include Steel, Reinforcing steel bar, Wire rod, Long steel bar, Spiral deformed steel bar, and others.

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