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Tata Steel Thailand PCL (BKK:TSTH) Accounts Receivable : ฿2,580 Mil (As of Mar. 2024)


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What is Tata Steel Thailand PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tata Steel Thailand PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿2,580 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tata Steel Thailand PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 34.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tata Steel Thailand PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿0.36.


Tata Steel Thailand PCL Accounts Receivable Historical Data

The historical data trend for Tata Steel Thailand 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.

Tata Steel Thailand PCL Accounts Receivable Chart

Tata Steel Thailand 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 630.62 1,107.03 2,412.95 2,822.24 2,579.68

Tata Steel Thailand 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 2,822.24 2,289.67 2,591.95 2,017.77 2,579.68

Tata Steel Thailand PCL Accounts Receivable Calculation

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


Tata Steel Thailand 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.

Tata Steel Thailand 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
=2579.677/6913.687*91
=34.05

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

Tata Steel Thailand 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)
=(2197.21+0.75 * 2579.677+0.5 * 3058.87-2676.124
-0--9.504)/8421.54
=0.36

* 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.


Tata Steel Thailand PCL Accounts Receivable Related Terms

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Tata Steel Thailand PCL (BKK:TSTH) Business Description

Traded in Other Exchanges
Address
555 Phaholyothin Road, Rasa Tower 2, 20th Floor, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
Tata Steel Thailand PCL is a Thailand-based holding company which is engaged in investing in other companies and providing management services. It is engaged in manufacturing, rendering manufacturing services, distributing and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment being the Manufacturing and distribution of long steel products. The product line of the company includes rebar, deformed bar, round bar, seismic bar, cut and bend bars, wire roads including high carbon wire rods and low carbon, special wire rods, and others.

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