GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chenming Electronic Technology Corp (TPE:3013) » Definitions » Change In Receivables

Chenming Electronic Technology (TPE:3013) Change In Receivables : NT$203 Mil (TTM As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Chenming Electronic Technology Change In Receivables?

Chenming Electronic Technology's change in receivables for the quarter that ended in Mar. 2024 was NT$313 Mil. It means Chenming Electronic Technology's Accounts Receivable declined by NT$313 Mil from Dec. 2023 to Mar. 2024 .

Chenming Electronic Technology's change in receivables for the fiscal year that ended in Dec. 2023 was NT$614 Mil. It means Chenming Electronic Technology's Accounts Receivable declined by NT$614 Mil from Dec. 2022 to Dec. 2023 .

Chenming Electronic Technology's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,715 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. Chenming Electronic Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 107.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chenming Electronic Technology's liquidation value for the three months ended in Mar. 2024 was NT$-339 Mil.


Chenming Electronic Technology Change In Receivables Historical Data

The historical data trend for Chenming Electronic Technology'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.

Chenming Electronic Technology Change In Receivables Chart

Chenming Electronic Technology 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 -105.59 325.23 -467.57 -434.02 613.83

Chenming Electronic Technology 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 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 723.83 245.47 -365.80 10.33 312.91

Chenming Electronic Technology 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$203 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.


Chenming Electronic Technology  (TPE:3013) 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.

Chenming Electronic Technology's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1715.055/1459.165*91
=107.25

2. In Ben Graham's calculation of liquidation value, Chenming Electronic Technology's accounts receivable are only considered to be worth 75% of book value:

Chenming Electronic Technology'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)
=811.833-2874.594+0.75 * 1715.055+0.5 * 875.346
=-339

* 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.


Chenming Electronic Technology Change In Receivables Related Terms

Thank you for viewing the detailed overview of Chenming Electronic Technology's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Chenming Electronic Technology (TPE:3013) Business Description

Traded in Other Exchanges
N/A
Address
No. 27, Section 6, Mincyuan East Road, Neihu District, 2-6 Floor, Taipei, TWN, 114
Chenming Electronic Technology Corp is a OEM/ODM manufacturer. The business activities of the Group are production of mechanical parts, computer cases, manufacturing and development of mobile devices. Geographically it operates through Taiwan. The group has only one operating segment, which produces computer and mobile device components.

Chenming Electronic Technology (TPE:3013) Headlines

No Headlines