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PT Teladan Prima Agro Tbk (ISX:TLDN) Accounts Receivable : Rp43,682 Mil (As of Mar. 2024)


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What is PT Teladan Prima Agro Tbk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PT Teladan Prima Agro Tbk's accounts receivables for the quarter that ended in Mar. 2024 was Rp43,682 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PT Teladan Prima Agro Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 4.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PT Teladan Prima Agro Tbk's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was Rp-169.05.


PT Teladan Prima Agro Tbk Accounts Receivable Historical Data

The historical data trend for PT Teladan Prima Agro 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 Teladan Prima Agro Tbk Accounts Receivable Chart

PT Teladan Prima Agro Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 57,646.28 41,748.88 21,906.39 46,803.09 32,768.57

PT Teladan Prima Agro Tbk Quarterly Data
Dec18 Dec19 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 88,529.57 79,254.12 100,427.95 32,768.57 43,681.70

PT Teladan Prima Agro Tbk Accounts Receivable Calculation

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


PT Teladan Prima Agro 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 Teladan Prima Agro 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
=43681.701/858644.407*91
=4.64

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

PT Teladan Prima Agro 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)
=(727445.233+0.75 * 43681.701+0.5 * 584758.305-3241193.629
-0-36.155)/12946.5
=-169.05

* 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 Teladan Prima Agro Tbk Accounts Receivable Related Terms

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PT Teladan Prima Agro Tbk (ISX:TLDN) Business Description

Traded in Other Exchanges
N/A
Address
Jl. TB Simatupang No.41, Beltway Office Park, Tower B, 7th Floor, South Jakarta, IDN, 12550
PT Teladan Prima Agro Tbk is an agribusiness focused on managing sustainable palm oil plantations, mills, and renewable energy. The company is strategically located in East Kalimantan Province, specifically in the Regency of Berau, East Kutai, Paser, and Kutai Kartanegara.

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