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T M C Industrial PCL (BKK:TMC) Accounts Receivable : ฿32.0 Mil (As of Mar. 2024)


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What is T M C Industrial PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. T M C Industrial PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿32.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. T M C Industrial PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 64.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. T M C Industrial PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿0.54.


T M C Industrial PCL Accounts Receivable Historical Data

The historical data trend for T M C Industrial 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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T M C Industrial PCL Accounts Receivable Chart

T M C Industrial 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 31.81 36.96 32.96 26.53 37.01

T M C Industrial 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 78.71 34.31 33.23 37.01 32.02

T M C Industrial PCL Accounts Receivable Calculation

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


T M C Industrial 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.

T M C Industrial 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
=32.016/45.082*91
=64.80

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), T M C Industrial PCL's accounts receivable are only considered to be worth 75% of book value:

T M C Industrial 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)
=(381.367+0.75 * 32.016+0.5 * 104.92-128.15
-0-0)/608.606
=0.54

* 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.


T M C Industrial PCL Accounts Receivable Related Terms

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T M C Industrial PCL (BKK:TMC) Business Description

Traded in Other Exchanges
N/A
Address
125/10, Moo 5 Ban Saun Subdistrict, Muang Chonburi, Chonburi, THA, 20000
T M C Industrial PLC manufactures and distributes mechanical and hydraulic press systems. The company operates its business through three segments: Manufacture and Distribution of Machinery; Services and Project construction service segment. The Manufacture and Distribution of Machinery segment which contributes majorly towards the firm's revenue engages in the manufacturing and distribution of hydraulic machines, such as press machines, cranes, and handling equipment. The Services segment engages in the provision of machine repair and maintenance and metal machining services. The Project construction service segment is engaged in the project construction service by supplying machines and installation according to the contract.

T M C Industrial PCL (BKK:TMC) Headlines

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