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Grande Asset Hotels And Property PCL (BKK:GRAND) Accounts Receivable : ฿97 Mil (As of Mar. 2024)


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What is Grande Asset Hotels And Property PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Grande Asset Hotels And Property PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿97 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Grande Asset Hotels And Property PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 11.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Grande Asset Hotels And Property PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-1.40.


Grande Asset Hotels And Property PCL Accounts Receivable Historical Data

The historical data trend for Grande Asset Hotels And Property 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.

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Grande Asset Hotels And Property PCL Accounts Receivable Chart

Grande Asset Hotels And Property 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 228.26 88.53 93.72 100.68 123.46

Grande Asset Hotels And Property 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 218.97 205.01 204.13 123.46 97.46

Grande Asset Hotels And Property PCL Accounts Receivable Calculation

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


Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property 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
=97.463/759.261*91
=11.71

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Grande Asset Hotels And Property PCL's accounts receivable are only considered to be worth 75% of book value:

Grande Asset Hotels And Property 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)
=(1260.316+0.75 * 97.463+0.5 * 1617.451-15091.545
-0-110.483)/9341.12
=-1.40

* 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.


Grande Asset Hotels And Property PCL Accounts Receivable Related Terms

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Grande Asset Hotels And Property PCL (BKK:GRAND) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, Room No 3203-4 32nd Floor, 388, Exchange Tower Building, Klongtoey Sub-district, Klongtoey District, Bangkok, THA, 10110
Grande Asset Hotels And Property PCL is a company. operates in the hotel industry. Its operating segments include Hotel business; Rental business, and Property development business., of which prime revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Sheraton Hua Hin Pranburi Villas, Sheraton Hua Hin Resort & Spa Hotel, The Westin Grande Sukhumvit, Hyde Sukhumvit Condominium, Hua Hin Blue Lagoon Resort, and The Trendy Condominium.

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