Finotek Co (XKRX:150440) Change In Receivables : ₩3,256 Mil (TTM As of Dec. 2022)

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What is Finotek Co Change In Receivables?

Finotek Co's change in receivables for the quarter that ended in Dec. 2022 was ₩3,256 Mil. It means Finotek Co's Accounts Receivable declined by ₩3,256 Mil from Dec. 2021 to Dec. 2022 .

Finotek Co's change in receivables for the fiscal year that ended in Dec. 2022 was ₩3,256 Mil. It means Finotek Co's Accounts Receivable declined by ₩3,256 Mil from Dec. 2021 to Dec. 2022 .

Finotek Co's Accounts Receivable for the quarter that ended in Dec. 2022 was ₩584 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. Finotek Co's Days Sales Outstanding for the six months ended in Dec. 2022 was 10.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Finotek Co's liquidation value for the six months ended in Dec. 2022 was ₩-17,713 Mil.

Finotek Co Change In Receivables Historical Data

The historical data trend for Finotek 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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Finotek Co Change In Receivables Chart

Finotek Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-612.06

-3,186.27

4,323.83

3,908.58

3,255.94

Finotek Co Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Change In Receivables	Get a 7-Day Free Trial			-612.06	-3,186.27	4,323.83	3,908.58	3,255.94

Finotek 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2022 was ₩3,256 Mil.

Finotek Co (XKRX:150440) 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.

Finotek Co's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	583.86	/	10428.76	*	91
=	10.22

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

Finotek Co's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	476.906	-	18627.804	+	0.75 * 583.86	+	0.5 * 0
=	-17,713

Finotek Co Change In Receivables Related Terms

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Finotek Co (XKRX:150440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Finotek Co Ltd (XKRX:150440) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

3rd floor, 1 Yangjaechunro 9-Gil, Seocho-Gu, Seoul, KOR

Website

http://www.finotek.co.kr

Finotek Co Ltd develops and supply's software, system integration (SI), application development and consulting, system ASP services. The company primarily serves the financial services sector. Geographically, the business is carried out through Korea.

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