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Sweeten Real Estate Development Co (TPE:5525) Accounts Receivable : NT$117 Mil (As of Mar. 2024)


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What is Sweeten Real Estate Development Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sweeten Real Estate Development Co's accounts receivables for the quarter that ended in Mar. 2024 was NT$117 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sweeten Real Estate Development Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 71.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sweeten Real Estate Development Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-21.07.


Sweeten Real Estate Development Co Accounts Receivable Historical Data

The historical data trend for Sweeten Real Estate Development Co'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.

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Sweeten Real Estate Development Co Accounts Receivable Chart

Sweeten Real Estate Development Co 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 325.57 74.64 126.80 146.60 113.29

Sweeten Real Estate Development Co 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 131.02 114.55 122.52 113.29 116.99

Sweeten Real Estate Development Co Accounts Receivable Calculation

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


Sweeten Real Estate Development Co 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.

Sweeten Real Estate Development Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=116.987/149.458*91
=71.43

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Sweeten Real Estate Development Co's accounts receivable are only considered to be worth 75% of book value:

Sweeten Real Estate Development Co'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)
=(135.04+0.75 * 116.987+0.5 * 13545.444-12683.074
-0-20.389)/270.929
=-21.07

* 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.


Sweeten Real Estate Development Co Accounts Receivable Related Terms

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Sweeten Real Estate Development Co (TPE:5525) Business Description

Traded in Other Exchanges
N/A
Address
No. 201, Wenxin Road, 3rd Floor, Section 2, Xitun District, Taichung, TWN
Sweeten Real Estate Development Co Ltd is a Taiwan-based constructor. It is mainly engaged in the construction of residential buildings and the leasing and sale of commercial buildings, development and leasing of industrial plants, development of specific professional zones, urban renewal, and leasing of office buildings. The company has three segments namely, Building Dept., the Construction Dept. and the Hotel Dept.

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