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Sunflex Technology (ROCO:3390) Accounts Receivable : NT$354.7 Mil (As of Mar. 2025)


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What is Sunflex Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sunflex Technology's accounts receivables for the quarter that ended in Mar. 2025 was NT$354.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sunflex Technology's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 165.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sunflex Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was NT$9.13.


Sunflex Technology Accounts Receivable Historical Data

The historical data trend for Sunflex Technology's Accounts Receivable 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.

Sunflex Technology Accounts Receivable Chart

Sunflex Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.55 380.30 383.07 372.72 346.76

Sunflex Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Receivable 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 321.35 346.45 371.35 346.76 354.67

Sunflex Technology Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Sunflex Technology Accounts Receivable 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 receivables are being managed.

Sunflex Technology's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=354.672/195.002*91
=165.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Sunflex Technology's accounts receivable are only considered to be worth 75% of book value:

Sunflex Technology's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(885.05+0.75 * 354.672+0.5 * 100.964-480.819
-0-0)/78.958
=9.13

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Sunflex Technology Accounts Receivable Related Terms

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Sunflex Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 522, Nanshang Road, Guishan District, Taoyuan, TWN, 333014
Sunflex Technology Corp manufactures and markets flexible printed circuit boards (FPCBs). It provides single and double-sided flexible PCBs that are applied in the manufacturing of mobile phones, notebook computers, disk players, and LCDs. The company applications include touch panels, liquid crystal module, computer accessories, and a light bar. The Company's operating revenue is mainly derived from the production and sales of customized flexible circuit boards.

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