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Planet Communications Asia PCL (BKK:PLANET) Accounts Receivable : ฿169.9 Mil (As of Mar. 2024)


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What is Planet Communications Asia PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Planet Communications Asia PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿169.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Planet Communications Asia PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 143.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Planet Communications Asia PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-1.14.


Planet Communications Asia PCL Accounts Receivable Historical Data

The historical data trend for Planet Communications Asia 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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Planet Communications Asia PCL Accounts Receivable Chart

Planet Communications Asia 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 427.04 252.43 188.29 353.96 209.35

Planet Communications Asia 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 354.10 335.65 149.42 209.35 169.86

Planet Communications Asia PCL Accounts Receivable Calculation

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


Planet Communications Asia 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.

Planet Communications Asia 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
=169.862/107.944*91
=143.59

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

Planet Communications Asia 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)
=(52.239+0.75 * 169.862+0.5 * 45.759-806.119
-0-0.89)/529.671
=-1.14

* 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.


Planet Communications Asia PCL Accounts Receivable Related Terms

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Planet Communications Asia PCL (BKK:PLANET) Business Description

Traded in Other Exchanges
N/A
Address
157 Soi Ramindra 34, Ramindra Road, Tarang Subdistrict, Bangkhen District, Bangkok, THA, 10230
Planet Communications Asia PCL is a Thailand based company engaged in the business of distribution, service, installation and maintenance of telecommunication equipment. It operates in the business segments of the Sale of products and solution; Services segment and Service Provider segment. A majority of revenue is derived from the Sale of products and solution segment which involves sell from being a reseller and selling projects as a system integrator and manufacturer.

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