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Ubon Bio Ethanol PCL (BKK:UBE) Accounts Receivable : ฿595 Mil (As of Mar. 2024)


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What is Ubon Bio Ethanol PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ubon Bio Ethanol PCL's accounts receivables for the quarter that ended in Mar. 2024 was ฿595 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ubon Bio Ethanol PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 28.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ubon Bio Ethanol PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ฿-0.27.


Ubon Bio Ethanol PCL Accounts Receivable Historical Data

The historical data trend for Ubon Bio Ethanol 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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Ubon Bio Ethanol PCL Accounts Receivable Chart

Ubon Bio Ethanol PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 334.05 356.26 755.18 788.63 443.47

Ubon Bio Ethanol PCL Quarterly Data
Dec17 Dec18 Dec19 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 543.94 461.10 430.02 443.47 594.67

Ubon Bio Ethanol PCL Accounts Receivable Calculation

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


Ubon Bio Ethanol 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.

Ubon Bio Ethanol 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
=594.673/1890.313*91
=28.71

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

Ubon Bio Ethanol 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)
=(244.702+0.75 * 594.673+0.5 * 2893.813-3204.918
-0-0)/3914.29
=-0.27

* 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.


Ubon Bio Ethanol PCL Accounts Receivable Related Terms

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Ubon Bio Ethanol PCL (BKK:UBE) Business Description

Traded in Other Exchanges
N/A
Address
333 Moo 9, Nadee Sub district, Nayia District, Ubon Ratchathani Province, Ubon Ratchathani, THA, 34160
Ubon Bio Ethanol PCL is engaged in the manufacture and distribution of processed cassava products which include cassava-based ethanol, cassava starch, cassava flour, other organic products, biogas and electricity from biogas and solar power system. The company has three reportable segment Tapioca starch, biogas and electricity, Ethanol and others. Majority of revenue is generated from Ethanol segment.

Ubon Bio Ethanol PCL (BKK:UBE) Headlines

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