Tong Hua Holdings PCL (BKK:TH) Change In Receivables : ฿-290.5 Mil (TTM As of Mar. 2024)

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What is Tong Hua Holdings PCL Change In Receivables?

Tong Hua Holdings PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-52.0 Mil. It means Tong Hua Holdings PCL's Accounts Receivable increased by ฿52.0 Mil from Dec. 2023 to Mar. 2024 .

Tong Hua Holdings PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-367.9 Mil. It means Tong Hua Holdings PCL's Accounts Receivable increased by ฿367.9 Mil from Dec. 2022 to Dec. 2023 .

Tong Hua Holdings PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿95.7 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. Tong Hua Holdings PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tong Hua Holdings PCL's liquidation value for the three months ended in Mar. 2024 was ฿496.7 Mil.

Tong Hua Holdings PCL Change In Receivables Historical Data

The historical data trend for Tong Hua Holdings 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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Tong Hua Holdings PCL Change In Receivables Chart

Tong Hua Holdings PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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21.58

286.50

-488.01

-230.45

-367.89

Tong Hua Holdings 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															-129.32	-16.04	-16.09	-206.45	-51.97

Tong Hua Holdings 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 ฿-290.5 Mil.

Tong Hua Holdings PCL (BKK:TH) 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.

Tong Hua Holdings 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
=	95.671	/	110.995	*	91
=	78.65

2. In Ben Graham's calculation of liquidation value, Tong Hua Holdings PCL's accounts receivable are only considered to be worth 75% of book value:

Tong Hua Holdings 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)
=	510.066	-	85.913	+	0.75 * 95.671	+	0.5 * 1.635
=	496.7

Tong Hua Holdings PCL Change In Receivables Related Terms

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Tong Hua Holdings PCL (BKK:TH) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

877-881 Charoenkrung Road, Talad Noi, Sumpantavong, Bangkok, THA, 10100

Website

https://www.thaizhonghua.com

Tong Hua Holdings PCL operates as an investment company. It is organized into business segments namely Producing and Distributing Newspaper, Publishing, and Providing Printing Service; Space rental for product and service business; Investment Business; and Providing Short-Term Funds in Forms of Factoring, Loans and Asset management.