Hong Tai Electric Industrial Co (TPE:1612) Change In Receivables : NT$38 Mil (TTM As of Mar. 2024)

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What is Hong Tai Electric Industrial Co Change In Receivables?

Hong Tai Electric Industrial Co's change in receivables for the quarter that ended in Mar. 2024 was NT$228 Mil. It means Hong Tai Electric Industrial Co's Accounts Receivable declined by NT$228 Mil from Dec. 2023 to Mar. 2024 .

Hong Tai Electric Industrial Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-216 Mil. It means Hong Tai Electric Industrial Co's Accounts Receivable increased by NT$216 Mil from Dec. 2022 to Dec. 2023 .

Hong Tai Electric Industrial Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$814 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. Hong Tai Electric Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hong Tai Electric Industrial Co's liquidation value for the three months ended in Mar. 2024 was NT$3,042 Mil.

Hong Tai Electric Industrial Co Change In Receivables Historical Data

The historical data trend for Hong Tai Electric Industrial 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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Hong Tai Electric Industrial Co Change In Receivables Chart

Hong Tai Electric Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-231.08

163.14

71.58

-243.26

-215.60

Hong Tai Electric Industrial 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															-25.93	5.94	-17.26	-178.36	227.90

Hong Tai Electric Industrial 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 NT$38 Mil.

Hong Tai Electric Industrial Co (TPE:1612) 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.

Hong Tai Electric Industrial 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
=	814.276	/	1457.667	*	91
=	50.97

2. In Ben Graham's calculation of liquidation value, Hong Tai Electric Industrial Co's accounts receivable are only considered to be worth 75% of book value:

Hong Tai Electric Industrial 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)
=	2416.5	-	887.811	+	0.75 * 814.276	+	0.5 * 1805.836
=	3,042

Hong Tai Electric Industrial Co Change In Receivables Related Terms

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Hong Tai Electric Industrial Co (TPE:1612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hong Tai Electric Industrial Co Ltd (TPE:1612) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 2, Guojian 1st Rd, Guanyin District, Taoyuan, TWN

Website

https://www.hong-tai.com.tw

Hong Tai Electric Industrial Co Ltd manufactures & distributes electric wires & cables. It provides cross-linked polyethylene power cables, communication wires & cables, copper-clad laminates, insulation materials, & photovoltaics among others. The Group is organized into business units based on their products and services and has three reportable operating departments as follows A Dept, B Dept, and other Operating Dept. The majority of revenue comes from B Dept.

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