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Senao International Co (TPE:2450) Accounts Receivable : NT$1,501 Mil (As of Dec. 2023)


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What is Senao International Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Senao International Co's accounts receivables for the quarter that ended in Dec. 2023 was NT$1,501 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Senao International Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 16.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Senao International Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$4.12.


Senao International Co Accounts Receivable Historical Data

The historical data trend for Senao International Co'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.

Senao International Co Accounts Receivable Chart

Senao International Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,600.74 1,641.15 1,802.44 1,924.25 1,500.84

Senao International Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,924.25 1,818.09 1,658.17 1,786.32 1,500.84

Senao International Co Accounts Receivable Calculation

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


Senao International Co 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.

Senao International Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1500.836/8358.39*91
=16.38

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

Senao International Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(2168.285+0.75 * 1500.836+0.5 * 2379.632-3408.091
-0-10.57)/258.253
=4.12

* 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.


Senao International Co Accounts Receivable Related Terms

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Senao International Co (TPE:2450) Business Description

Traded in Other Exchanges
N/A
Address
No.531, Chung Cheng Road, 2nd Floor, Hsin-Tien, New Taipei City, TWN
Senao International Co Ltd is a company mainly engaged in agent distribution and sale of mobile phones, tablets, related accessories, and other digital communication products. The company also provides related maintenance services. The communication products account for most of the company's revenue. It operates in the business segment of selling information and communication products and peripheral products in Taiwan. It provides products under several brands, like Samsung, Sony Mobile, LG, Huawei, OPPO, HTC, ASUS, and others. The company generates the majority of its total revenue from the Taiwanese market.

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