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Thac Mo Hydro Power JSC (STC:TMP) Accounts Receivable : ₫381,079 Mil (As of Mar. 2024)


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What is Thac Mo Hydro Power JSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thac Mo Hydro Power JSC's accounts receivables for the quarter that ended in Mar. 2024 was ₫381,079 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Thac Mo Hydro Power JSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 310.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thac Mo Hydro Power JSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₫1,034.09.


Thac Mo Hydro Power JSC Accounts Receivable Historical Data

The historical data trend for Thac Mo Hydro Power JSC'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.

Thac Mo Hydro Power JSC Accounts Receivable Chart

Thac Mo Hydro Power JSC 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 227,801.46 89,944.85 184,644.07 285,403.74 636,443.57

Thac Mo Hydro Power JSC 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 388,043.83 475,038.66 550,907.40 636,443.57 381,079.31

Thac Mo Hydro Power JSC Accounts Receivable Calculation

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


Thac Mo Hydro Power JSC 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.

Thac Mo Hydro Power JSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=381079.312/112063.786*91
=310.30

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Thac Mo Hydro Power JSC's accounts receivable are only considered to be worth 75% of book value:

Thac Mo Hydro Power JSC'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)
=(292501.061+0.75 * 381079.312+0.5 * 917.547-471580.918
-0-34802.35)/70
=1,034.09

* 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.


Thac Mo Hydro Power JSC Accounts Receivable Related Terms

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Thac Mo Hydro Power JSC (STC:TMP) Business Description

Traded in Other Exchanges
N/A
Address
Area 5, Phuoc Long Town, Binh Phuoc Province, Ho Chi Minh City, VNM
Thac Mo Hydro Power JSC is a Vietnam based company engaged in the business activity of generating and trading electricity. It also trades hydroelectrical equipment and maintains and operates a power plant. The other activities in which the organization is involved are investing in power source projects and Consulting on the establishment, management and supervision of construction projects.

Thac Mo Hydro Power JSC (STC:TMP) Headlines

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