Thai Energy Storage Technology PCL (BKK:3K-BAT) Change In Receivables : ฿-116 Mil (TTM As of Mar. 2024)

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What is Thai Energy Storage Technology PCL Change In Receivables?

Thai Energy Storage Technology PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-295 Mil. It means Thai Energy Storage Technology PCL's Accounts Receivable increased by ฿295 Mil from Dec. 2023 to Mar. 2024 .

Thai Energy Storage Technology PCL's change in receivables for the fiscal year that ended in Mar. 2024 was ฿-116 Mil. It means Thai Energy Storage Technology PCL's Accounts Receivable increased by ฿116 Mil from Mar. 2023 to Mar. 2024 .

Thai Energy Storage Technology PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿549 Mil.

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 Receivable are being managed. Thai Energy Storage Technology PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Thai Energy Storage Technology PCL's liquidation value for the three months ended in Mar. 2024 was ฿286 Mil.

Thai Energy Storage Technology PCL Change In Receivables Historical Data

The historical data trend for Thai Energy Storage Technology PCL's Change In Receivables 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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Thai Energy Storage Technology PCL Change In Receivables Chart

Thai Energy Storage Technology PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

Mar24

Change In Receivables

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-86.04

177.84

-237.55

-8.72

-115.94

Thai Energy Storage Technology PCL Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-55.41	111.80	56.70	10.14	-294.58

Thai Energy Storage Technology PCL Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-116 Mil.

Thai Energy Storage Technology PCL (BKK:3K-BAT) Change In Receivables 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 Receivable are being managed.

Thai Energy Storage Technology 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
=	549.083	/	1242.377	*	91
=	40.33

2. In Ben Graham's calculation of liquidation value, Thai Energy Storage Technology PCL's accounts receivable are only considered to be worth 75% of book value:

Thai Energy Storage Technology PCL's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	704.357	-	1250.971	+	0.75 * 549.083	+	0.5 * 842.359
=	286

Thai Energy Storage Technology PCL Change In Receivables Related Terms

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Thai Energy Storage Technology PCL (BKK:3K-BAT) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thai Energy Storage Technology PCL (BKK:3K-BAT) » Definitions » Change In Receivables

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Address

387 Moo 4, Sukhumvit Road, Mueang Samut Prakan District, Praekasa Sub-District, Samut Prakan, THA, 10280

Website

https://www.3kbattery.com

Thai Energy Storage Technology PCL is engaged in the manufacturing of batteries. It provides Automotive batteries, Motorcycle Battery, Traction Battery, ED Battery, and Lighting batteries among other products. The company's operations are carried on only in Thailand, with an international customer base.

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