Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Change In Receivables : ฿-121 Mil (TTM As of Mar. 2024)

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What is Kiang Huat Sea Gull Trading Frozen Food PCL Change In Receivables?

Kiang Huat Sea Gull Trading Frozen Food PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-149 Mil. It means Kiang Huat Sea Gull Trading Frozen Food PCL's Accounts Receivable increased by ฿149 Mil from Dec. 2023 to Mar. 2024 .

Kiang Huat Sea Gull Trading Frozen Food PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿75 Mil. It means Kiang Huat Sea Gull Trading Frozen Food PCL's Accounts Receivable declined by ฿75 Mil from Dec. 2022 to Dec. 2023 .

Kiang Huat Sea Gull Trading Frozen Food PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿259 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. Kiang Huat Sea Gull Trading Frozen Food PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kiang Huat Sea Gull Trading Frozen Food PCL's liquidation value for the three months ended in Mar. 2024 was ฿-533 Mil.

Kiang Huat Sea Gull Trading Frozen Food PCL Change In Receivables Historical Data

The historical data trend for Kiang Huat Sea Gull Trading Frozen Food 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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Kiang Huat Sea Gull Trading Frozen Food PCL Change In Receivables Chart

Kiang Huat Sea Gull Trading Frozen Food PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-20.15

20.67

53.57

-150.74

75.04

Kiang Huat Sea Gull Trading Frozen Food PCL Quarterly Data
	Jun19	Sep19	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															47.29	-70.24	129.04	-31.05	-148.88

Kiang Huat Sea Gull Trading Frozen Food 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 ฿-121 Mil.

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) 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.

Kiang Huat Sea Gull Trading Frozen Food 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
=	258.553	/	691.406	*	91
=	34.12

2. In Ben Graham's calculation of liquidation value, Kiang Huat Sea Gull Trading Frozen Food PCL's accounts receivable are only considered to be worth 75% of book value:

Kiang Huat Sea Gull Trading Frozen Food 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)
=	10.109	-	1488.56	+	0.75 * 258.553	+	0.5 * 1502.74
=	-533

Kiang Huat Sea Gull Trading Frozen Food PCL Change In Receivables Related Terms

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Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

4/2 Moo 3, Asia 43 Road, Tambol Namom, Amphur Namom, Songkhla, THA, 90310

Website

https://www.kst-hatyai.com

Kiang Huat Sea Gull Trading Frozen Food PCL is engaged in the frozen seafood manufacturing business. The production processes include beheading, peeling, sizing, weighing, arranging, cooking, value-added processing, and freezing and packing. The company produces a wide variety of block, vacuum-packed items such as Raw and cooked head-on, Headless and peeled shrimps, Extended shrimps (nobashi), Cooked tail-on butterfly shrimps (sushi), Breaded shrimps (panko), Easily peeled shrimps, Slipper lobster tail, and Meat. The organization sells its products under its own brands which are Sea Kin, Sea Champion, Eagle, Sea Queen, Sea Flower, and Blue Gulf. The group sells its products in Asia, Europe, America, Africa, and Thailand, of which key revenue is generated from Asia.

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