GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lohakit Metal PCL (BKK:LHK) » Definitions » Accounts Receivable

Lohakit Metal PCL (BKK:LHK) Accounts Receivable : ฿503 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Lohakit Metal PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lohakit Metal PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿503 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lohakit Metal PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 69.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lohakit Metal PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿1.11.


Lohakit Metal PCL Accounts Receivable Historical Data

The historical data trend for Lohakit Metal 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.

Lohakit Metal PCL Accounts Receivable Chart

Lohakit Metal PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 542.27 556.06 661.24 606.13 503.06

Lohakit Metal 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 606.13 539.94 591.96 530.63 503.06

Lohakit Metal PCL Accounts Receivable Calculation

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


Lohakit Metal 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.

Lohakit Metal 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
=503.057/660.69*91
=69.48

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

Lohakit Metal 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)
=(430.891+0.75 * 503.057+0.5 * 518.523-487.74
-0-154.343)/383
=1.11

* 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.


Lohakit Metal PCL Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Lohakit Metal PCL's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Lohakit Metal PCL (BKK:LHK) Business Description

Traded in Other Exchanges
N/A
Address
66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130
Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution; and Procurement and Distribution. The company generates the majority of its revenues from Production and Distribution.

Lohakit Metal PCL (BKK:LHK) Headlines

No Headlines