GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dongkuk Holdings (XKRX:001230) » Definitions » Accounts Receivable

Dongkuk Holdings (XKRX:001230) Accounts Receivable : ₩316,181 Mil (As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Dongkuk Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dongkuk Holdings's accounts receivables for the quarter that ended in Dec. 2023 was ₩316,181 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dongkuk Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 63.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dongkuk Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₩-5,346.30.


Dongkuk Holdings Accounts Receivable Historical Data

The historical data trend for Dongkuk Holdings'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.

Dongkuk Holdings Accounts Receivable Chart

Dongkuk Holdings 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 667,651.45 631,158.50 816,565.65 791,029.71 316,180.51

Dongkuk Holdings 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 791,029.71 885,787.34 375,188.04 344,443.58 316,180.51

Dongkuk Holdings Accounts Receivable Calculation

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


Dongkuk Holdings 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.

Dongkuk Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=316180.512/456968.309*91
=63.14

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

Dongkuk Holdings'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)
=(312317.512+0.75 * 316180.512+0.5 * 222859.55-644335.386
-36780.8-146044.477)/31.1015
=-5,346.30

* 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.


Dongkuk Holdings Accounts Receivable Related Terms

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


Dongkuk Holdings (XKRX:001230) Business Description

Traded in Other Exchanges
N/A
Address
19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR
Dongkuk Holdings is in the business of manufacturing of steel products. Its products include steel plates, reinforcing bars, sections, cold rolled steel sheet, galvanized steel sheet, Pre-coated metal. The company operates in Korea, India, China, Japan, Thailand, the U.S.A., Mexico, and Brazil. It has manufacturing facilities in Incheon, Pohang, Dangjin and Busan.

Dongkuk Holdings (XKRX:001230) Headlines

No Headlines