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SAF Special Steel PCL (BKK:SAF) Accounts Receivable : ฿36.5 Mil (As of Mar. 2024)


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What is SAF Special Steel PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SAF Special Steel PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿36.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SAF Special Steel PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 80.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SAF Special Steel PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-0.06.


SAF Special Steel PCL Accounts Receivable Historical Data

The historical data trend for SAF Special Steel 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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SAF Special Steel PCL Accounts Receivable Chart

SAF Special Steel PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
41.03 45.60 44.16 37.73

SAF Special Steel PCL Quarterly Data
Dec20 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.16 37.12 38.31 37.73 36.51

SAF Special Steel PCL Accounts Receivable Calculation

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


SAF Special Steel 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.

SAF Special 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
=36.505/41.403*91
=80.46

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

SAF Special Steel 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)
=(5.39+0.75 * 36.505+0.5 * 150.331-126.096
-0-0)/300
=-0.06

* 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.


SAF Special Steel PCL Accounts Receivable Related Terms

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SAF Special Steel PCL (BKK:SAF) Business Description

Traded in Other Exchanges
N/A
Address
Bangkhunthien-Chytalay road, 110 Thientalay 24, Ta-kam, Bankhunthien, Bangkok, THA, 10150
SAF Special Steel PCL is engaged in the sales and processing of special-grade steel for various industrial applications. The principal activities of the Company are import and distribution including steel products for industrial and distribution tooling, equipment parts and band saw machines and manufacture of molds & dies and vacuum hardening services.

SAF Special Steel PCL (BKK:SAF) Headlines

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