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Communication and System Solution PCL (BKK:CSS) Accounts Receivable : ฿924 Mil (As of Mar. 2024)


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What is Communication and System Solution PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Communication and System Solution PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿924 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Communication and System Solution PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 105.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Communication and System Solution PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿0.19.


Communication and System Solution PCL Accounts Receivable Historical Data

The historical data trend for Communication and System Solution PCL's Accounts Receivable 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.

Communication and System Solution PCL Accounts Receivable Chart

Communication and System Solution PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 989.47 917.65 1,322.34 1,263.60 1,101.12

Communication and System Solution PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 1,261.16 1,268.78 1,112.42 1,101.12 923.72

Communication and System Solution PCL Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Communication and System Solution PCL Accounts Receivable 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 receivables are being managed.

Communication and System Solution 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
=923.715/798.046*91
=105.62

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Communication and System Solution PCL's accounts receivable are only considered to be worth 75% of book value:

Communication and System Solution PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(570.356+0.75 * 923.715+0.5 * 465.982-1215.863
-0-54.989)/1175.74
=0.19

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Communication and System Solution PCL Accounts Receivable Related Terms

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Communication and System Solution PCL (BKK:CSS) Business Description

Traded in Other Exchanges
N/A
Address
329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120
Communication and System Solution PCL is a Thailand based company engaged in the distribution and installation of equipment production for electricity, water, air conditioning, and telecommunication systems. It operates in two segments the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system and fire protection systems and maintenance services. It derives a majority of the revenue from the Distribution of electrical equipment.