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Semiteq Co (XKRX:081220) Accounts Receivable : ₩4,552 Mil (As of Sep. 2013)


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What is Semiteq Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Semiteq Co's accounts receivables for the quarter that ended in Sep. 2013 was ₩4,552 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Semiteq Co's Days Sales Outstanding for the quarter that ended in Sep. 2013 was 17.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Semiteq Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2013 was ₩-5,563.82.


Semiteq Co Accounts Receivable Historical Data

The historical data trend for Semiteq 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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Semiteq Co Accounts Receivable Chart

Semiteq Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
7,521.28 8,562.67 11,469.12 9,151.41 4,214.83

Semiteq Co Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 5,205.41 6,029.53 4,953.25 4,551.17 4,552.36

Semiteq Co Accounts Receivable Calculation

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


Semiteq 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.

Semiteq Co's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4552.36/24391.029*91
=17.03

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

Semiteq Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2013 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)
=(1539.469+0.75 * 4552.36+0.5 * 4674.573-61905.678
-0-0)/9.81604
=-5,563.82

* 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.


Semiteq Co Accounts Receivable Related Terms

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Semiteq Co (XKRX:081220) Business Description

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Semiteq Co.,Ltd. With semiconductor post-processing its major business, it conducts assembly and package final testing. Main items are BOC, FBGA, TSOP, QFP, SOP, and DIP. It also offers the final test on System IC products.

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