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Giant Manufacturing Co (TPE:9921) Accounts Receivable : NT$12,762 Mil (As of Mar. 2024)


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What is Giant Manufacturing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Giant Manufacturing Co's accounts receivables for the quarter that ended in Mar. 2024 was NT$12,762 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Giant Manufacturing Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 72.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Giant Manufacturing Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-14.55.


Giant Manufacturing Co Accounts Receivable Historical Data

The historical data trend for Giant Manufacturing 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.

* Premium members only.

Giant Manufacturing Co Accounts Receivable Chart

Giant Manufacturing 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 14,297.68 11,908.83 14,259.88 16,110.30 12,549.84

Giant Manufacturing 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 17,584.75 16,190.31 14,514.81 12,549.84 12,762.06

Giant Manufacturing Co Accounts Receivable Calculation

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


Giant Manufacturing 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.

Giant Manufacturing 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
=12762.063/16063.157*91
=72.50

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

Giant Manufacturing 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)
=(18132.689+0.75 * 12762.063+0.5 * 32946.601-47117.993
-0-2763.716)/392.065
=-14.55

* 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.


Giant Manufacturing Co Accounts Receivable Related Terms

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Giant Manufacturing Co (TPE:9921) Business Description

Traded in Other Exchanges
N/A
Address
Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, TWN, 40763
Giant Manufacturing Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. Giant distributes bicycles and components both domestically and internationally, and largely sells products under the Giant brand name.

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