Hon Hai Precision Industry Co (Hon Hai Precision Industry Co) Change In Receivables : $-295 Mil (TTM As of Mar. 2024)

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What is Hon Hai Precision Industry Co Change In Receivables?

Hon Hai Precision Industry Co's change in receivables for the quarter that ended in Mar. 2024 was $5,507 Mil. It means Hon Hai Precision Industry Co's Accounts Receivable declined by $5,507 Mil from Dec. 2023 to Mar. 2024 .

Hon Hai Precision Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was $6,783 Mil. It means Hon Hai Precision Industry Co's Accounts Receivable declined by $6,783 Mil from Dec. 2022 to Dec. 2023 .

Hon Hai Precision Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $22,469 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. Hon Hai Precision Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hon Hai Precision Industry Co's liquidation value for the three months ended in Mar. 2024 was $4,205 Mil.

Hon Hai Precision Industry Co Change In Receivables Historical Data

The historical data trend for Hon Hai Precision Industry Co'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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Hon Hai Precision Industry Co Change In Receivables Chart

Hon Hai Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1,067.09

3,017.42

-7,998.53

2,664.52

6,782.72

Hon Hai Precision Industry Co 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															12,987.06	-3,203.85	-5,780.11	3,181.64	5,507.24

Hon Hai Precision Industry Co 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 $-295 Mil.

Hon Hai Precision Industry Co (OTCPK:HNHAF) 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.

Hon Hai Precision Industry 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
=	22468.957	/	41776.314	*	91
=	49.08

2. In Ben Graham's calculation of liquidation value, Hon Hai Precision Industry Co's accounts receivable are only considered to be worth 75% of book value:

Hon Hai Precision Industry Co'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)
=	41190.906	-	65719.513	+	0.75 * 22468.957	+	0.5 * 23764.374
=	4,205

Hon Hai Precision Industry Co Change In Receivables Related Terms

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Hon Hai Precision Industry Co (Hon Hai Precision Industry Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (OTCPK:HNHAF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HNHPF:USA 2317:Taiwan HHPDl:UK HHPD:UK HHP2:Germany

Address

No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236

Website

https://www.foxconn.com

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (Hon Hai Precision Industry Co) Headlines

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