Sinbon Electronics Co (TPE:3023) Accounts Receivable

: NT$5,829 Mil (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sinbon Electronics Co's accounts receivables for the quarter that ended in Dec. 2023 was NT$5,829 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sinbon Electronics Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 72.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sinbon Electronics Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-4.73.

Sinbon Electronics Co Accounts Receivable Historical Data

The historical data trend for Sinbon Electronics 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.

Sinbon Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

4,092.88

6,370.36

5,969.37

7,137.60

5,828.54

Sinbon Electronics 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																7,137.60	6,552.19	6,598.91	7,055.21	5,828.54

Sinbon Electronics Co Accounts Receivable Calculation

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

Sinbon Electronics 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.

Sinbon Electronics 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
=	5828.54	/	7363.528	*	91
=	72.23

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

Sinbon Electronics 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)
=	(6145.09	+	0.75 * 5828.54	+	0.5 * 10326.128	-	16639.268
-	0	-	175.957)	/	240.033
=	-4.73

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.

Sinbon Electronics Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Sinbon Electronics Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sinbon Electronics Co (TPE:3023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sinbon Electronics Co Ltd (TPE:3023) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.582, Kuo-Hwa Road, Miaoli 360, Miaoli, TWN

Website

https://www.sinbon.com

Sinbon Electronics Co Ltd is a technological company that offers design manufacturing integration services of connectors, bulk cable and cable assemblies, radio frequency products, printed circuit boards and PCB assembly, box build solutions, and passive and active components. The firm offers its extensive range of value-added services in the medical health, automotive, renewable green energy, industrial, and iComponent Solution. The company is present in Taiwan, China, Japan, the U.K., and the U.S.

Sinbon Electronics Co (TPE:3023) Headlines

No Headlines