Tien Li Offshore Wind Technology Co (ROCO:6793) Change In Receivables : NT$-100 Mil (TTM As of Dec. 2023)

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What is Tien Li Offshore Wind Technology Co Change In Receivables?

Tien Li Offshore Wind Technology Co's change in receivables for the quarter that ended in Dec. 2023 was NT$4 Mil. It means Tien Li Offshore Wind Technology Co's Accounts Receivable declined by NT$4 Mil from Jun. 2023 to Dec. 2023 .

Tien Li Offshore Wind Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-100 Mil. It means Tien Li Offshore Wind Technology Co's Accounts Receivable increased by NT$100 Mil from Dec. 2022 to Dec. 2023 .

Tien Li Offshore Wind Technology Co's Accounts Receivable for the quarter that ended in Dec. 2023 was NT$215 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. Tien Li Offshore Wind Technology Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 60.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tien Li Offshore Wind Technology Co's liquidation value for the six months ended in Dec. 2023 was NT$-395 Mil.

Tien Li Offshore Wind Technology Co Change In Receivables Historical Data

The historical data trend for Tien Li Offshore Wind Technology 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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Tien Li Offshore Wind Technology Co Change In Receivables Chart

Tien Li Offshore Wind Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.12

-3.95

0.02

-207.05

-99.54

Tien Li Offshore Wind Technology Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial							-4.05	-34.39	-172.65	-103.86	4.32

Tien Li Offshore Wind Technology 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$-100 Mil.

Tien Li Offshore Wind Technology Co (ROCO:6793) 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.

Tien Li Offshore Wind Technology 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
=	214.963	/	645.243	*	91
=	60.80

2. In Ben Graham's calculation of liquidation value, Tien Li Offshore Wind Technology Co's accounts receivable are only considered to be worth 75% of book value:

Tien Li Offshore Wind Technology 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)
=	231.859	-	803.033	+	0.75 * 214.963	+	0.5 * 29.685
=	-395

Tien Li Offshore Wind Technology Co Change In Receivables Related Terms

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Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tien Li Offshore Wind Technology Co Ltd (ROCO:6793) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596

Website

https://www.tien-li.com

Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

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