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Golden Insurance Brokers Co (ROCO:6028) Change In Receivables : NT$-185 Mil (TTM As of Dec. 2023)


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What is Golden Insurance Brokers Co Change In Receivables?

Golden Insurance Brokers Co's change in receivables for the quarter that ended in Dec. 2023 was NT$-146 Mil. It means Golden Insurance Brokers Co's Accounts Receivable increased by NT$146 Mil from Jun. 2023 to Dec. 2023 .

Golden Insurance Brokers Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-185 Mil. It means Golden Insurance Brokers Co's Accounts Receivable increased by NT$185 Mil from Dec. 2022 to Dec. 2023 .

Golden Insurance Brokers Co's Accounts Receivable for the quarter that ended in Dec. 2023 was NT$433 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. Golden Insurance Brokers Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 48.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Golden Insurance Brokers Co's liquidation value for the six months ended in Dec. 2023 was NT$-84 Mil.


Golden Insurance Brokers Co Change In Receivables Historical Data

The historical data trend for Golden Insurance Brokers 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.

* Premium members only.

Golden Insurance Brokers Co Change In Receivables Chart

Golden Insurance Brokers Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -79.41 36.94 18.05 23.25 -184.62

Golden Insurance Brokers Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables 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 -65.27 91.22 -67.98 -39.07 -145.55

Golden Insurance Brokers 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-185 Mil.

* 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.


Golden Insurance Brokers Co  (ROCO:6028) 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.

Golden Insurance Brokers Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=432.583/1634.266*91
=48.31

2. In Ben Graham's calculation of liquidation value, Golden Insurance Brokers Co's accounts receivable are only considered to be worth 75% of book value:

Golden Insurance Brokers Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=331.54-740.137+0.75 * 432.583+0.5 * 0
=-84

* 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.


Golden Insurance Brokers Co Change In Receivables Related Terms

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Golden Insurance Brokers Co (ROCO:6028) Business Description

Traded in Other Exchanges
N/A
Address
Dashun 1st Road, Zuoying District, Room. 4, 4th Floor, Number 93, Kaohsiung, TWN, 813
Golden Insurance Brokers Co Ltd is an Insurance Broker based in Taiwan. The company is involved in providing Life Insurance, Medical Insurance, Savings Insurance and Investment Insurance among others.

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