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Namhae Chemical (XKRX:025860) Accounts Receivable : ₩195,137 Mil (As of Mar. 2024)


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What is Namhae Chemical Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Namhae Chemical's accounts receivables for the quarter that ended in Mar. 2024 was ₩195,137 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Namhae Chemical's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 42.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Namhae Chemical's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩-41.08.


Namhae Chemical Accounts Receivable Historical Data

The historical data trend for Namhae Chemical'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.

Namhae Chemical Accounts Receivable Chart

Namhae Chemical 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 65,912.67 63,441.45 110,329.85 180,603.11 197,644.37

Namhae Chemical 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 199,867.68 232,657.67 189,829.53 197,644.37 195,136.93

Namhae Chemical Accounts Receivable Calculation

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


Namhae Chemical 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.

Namhae Chemical's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=195136.926/414490.002*91
=42.96

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

Namhae Chemical'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)
=(39383.768+0.75 * 195136.926+0.5 * 219571.292-289379.777
-0-8111.934)/47.9487
=-41.08

* 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.


Namhae Chemical Accounts Receivable Related Terms

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Namhae Chemical (XKRX:025860) Business Description

Traded in Other Exchanges
N/A
Address
1384 Yeosudandan-ro, Jeonnam, Yeosu-si, KOR, 59618
Namhae Chemical Corp engaged in the manufacture and sale of agricultural and chemical products. It operates through various divisions namely; Fertilizer, Chemical, and Oil. The Fertilizer and Chemical business division produces and sells inorganic, compound, and phosphoric acid fertilizers, as well as chemicals such as ammonia, sulfuric acid, gypsum, and calcium phosphate. The Oil business division offers petroleum, gas, oil, and kerosene. All the business activity is functioned through the region of South Korea.

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