Sinher Technology (TPE:4999) Change In Receivables : NT$6 Mil (TTM As of Mar. 2024)

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What is Sinher Technology Change In Receivables?

Sinher Technology's change in receivables for the quarter that ended in Mar. 2024 was NT$36 Mil. It means Sinher Technology's Accounts Receivable declined by NT$36 Mil from Dec. 2023 to Mar. 2024 .

Sinher Technology's change in receivables for the fiscal year that ended in Dec. 2023 was NT$81 Mil. It means Sinher Technology's Accounts Receivable declined by NT$81 Mil from Dec. 2022 to Dec. 2023 .

Sinher Technology's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$641 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. Sinher Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 140.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sinher Technology's liquidation value for the three months ended in Mar. 2024 was NT$1,690 Mil.

Sinher Technology Change In Receivables Historical Data

The historical data trend for Sinher 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.

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Sinher Technology Change In Receivables Chart

Sinher Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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124.86

-389.24

242.43

384.88

80.70

Sinher 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															110.78	-111.26	5.17	76.01	35.88

Sinher 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$6 Mil.

Sinher Technology (TPE:4999) 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.

Sinher 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
=	640.789	/	415.863	*	91
=	140.60

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

Sinher 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)
=	1707.143	-	652.197	+	0.75 * 640.789	+	0.5 * 308.111
=	1,690

Sinher Technology Change In Receivables Related Terms

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Sinher Technology (TPE:4999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sinher Technology Inc Ltd (TPE:4999) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No.27-1, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 22180

Website

http://www.sinher.com.tw

Sinher Technology Inc Ltd is engaged in researching, developing, manufacturing, and selling the parts of the hinge. The company offers an NB hinge, Detachable hinge, NB module hinge, Tablet module hinge, 3C hinge, AIO & LCD hinge, and Others. The company's majority of the revenue is generated from China followed by Japan and Taiwan.

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