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PT Fap Agri Tbk (ISX:FAPA) Accounts Receivable : Rp134,861 Mil (As of Mar. 2024)


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What is PT Fap Agri Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Fap Agri Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp134,861 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Fap Agri Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 10.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Fap Agri Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-1,029.88.


PT Fap Agri Tbk Accounts Receivable Historical Data

The historical data trend for PT Fap Agri Tbk'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.

PT Fap Agri Tbk Accounts Receivable Chart

PT Fap Agri Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 84,801.37 43,442.80 53,128.39 121,356.15 178,969.43

PT Fap Agri Tbk Quarterly Data
Dec17 Dec18 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 130,404.51 183,482.75 132,475.53 178,969.43 134,861.21

PT Fap Agri Tbk Accounts Receivable Calculation

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


PT Fap Agri Tbk 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.

PT Fap Agri Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=134861.21/1198430.547*91
=10.27

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), PT Fap Agri Tbk's accounts receivable are only considered to be worth 75% of book value:

PT Fap Agri Tbk'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)
=(356756.641+0.75 * 134861.21+0.5 * 773679.865-4388659.808
-0-193926.693)/3629.41
=-1,029.88

* 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.


PT Fap Agri Tbk Accounts Receivable Related Terms

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PT Fap Agri Tbk (ISX:FAPA) Business Description

Traded in Other Exchanges
N/A
Address
Liberty Tower 16th Floor A-H, Gold Coast Building, Jl. Pantai Indah Kapuk, RT06/RW02, Kamal Muara, Penjaringan, Jakarta, IDN, 11470
PT Fap Agri Tbk is involved in the production of agricultural products. The company is engaged in Palm Oil Plantation and Industry Activities through Subsidiaries. FAP Agri Group operations cover activities such as oil palm plantation, palm oil mill, and kernel crushing plant. The products are Fresh Fruit Bunches, Crude Palm Oil, Palm Kernel Oil, Palm Kernel, and Palm Kernel Expeller.

PT Fap Agri Tbk (ISX:FAPA) Headlines

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