Chien Shing Harbour Service Co (TPE:8367) Change In Receivables : NT$-199 Mil (TTM As of Mar. 2024)

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What is Chien Shing Harbour Service Co Change In Receivables?

Chien Shing Harbour Service Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-2 Mil. It means Chien Shing Harbour Service Co's Accounts Receivable increased by NT$2 Mil from Dec. 2023 to Mar. 2024 .

Chien Shing Harbour Service Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-84 Mil. It means Chien Shing Harbour Service Co's Accounts Receivable increased by NT$84 Mil from Dec. 2022 to Dec. 2023 .

Chien Shing Harbour Service Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$396 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. Chien Shing Harbour Service Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chien Shing Harbour Service Co's liquidation value for the three months ended in Mar. 2024 was NT$-10,380 Mil.

Chien Shing Harbour Service Co Change In Receivables Historical Data

The historical data trend for Chien Shing Harbour Service 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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Chien Shing Harbour Service Co Change In Receivables Chart

Chien Shing Harbour Service Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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61.27

48.29

-168.38

56.63

-84.41

Chien Shing Harbour Service 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															113.16	18.11	-65.71	-149.97	-1.66

Chien Shing Harbour Service 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$-199 Mil.

Chien Shing Harbour Service Co (TPE:8367) 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.

Chien Shing Harbour Service 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
=	395.677	/	625.09	*	91
=	57.76

2. In Ben Graham's calculation of liquidation value, Chien Shing Harbour Service Co's accounts receivable are only considered to be worth 75% of book value:

Chien Shing Harbour Service 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)
=	1062.6	-	11739.438	+	0.75 * 395.677	+	0.5 * 0
=	-10,380

Chien Shing Harbour Service Co Change In Receivables Related Terms

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Chien Shing Harbour Service Co (TPE:8367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chien Shing Harbour Service Co Ltd (TPE:8367) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 150, Section 9, Taiwan Avenue, Wuqi District, Taichung, TWN, 435

Website

https://www.chienshing.com.tw

Chien Shing Harbour Service Co Ltd is a Taiwan-based shipping company. Its main business activities include warehousing service, operation of gas stations, sale of gasoline and diesel, operation of convenience stores, automobile cargo transportation, automobile container transport, container leasing, operation of the container terminal, customs brokerage, and vessel stevedoring service. The group has four operating segments - The warehousing segment, the Customs brokerage department, the Transportation segment and the Vessel stevedoring segment. The majority is from the vessel stevedoring segment, which is responsible for stevedoring of break bulk cargo for businesses and shipping companies locally and abroad.

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