GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Evergreen Marine Corp (Taiwan) Ltd (TPE:2603) » Definitions » Change In Receivables

Evergreen Marine (Taiwan) (TPE:2603) Change In Receivables : NT$8,063 Mil (TTM As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Evergreen Marine (Taiwan) Change In Receivables?

Evergreen Marine (Taiwan)'s change in receivables for the quarter that ended in Dec. 2023 was NT$-1,416 Mil. It means Evergreen Marine (Taiwan)'s Accounts Receivable increased by NT$1,416 Mil from Sep. 2023 to Dec. 2023 .

Evergreen Marine (Taiwan)'s change in receivables for the fiscal year that ended in Dec. 2023 was NT$8,063 Mil. It means Evergreen Marine (Taiwan)'s Accounts Receivable declined by NT$8,063 Mil from Dec. 2022 to Dec. 2023 .

Evergreen Marine (Taiwan)'s Accounts Receivable for the quarter that ended in Dec. 2023 was NT$20,626 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. Evergreen Marine (Taiwan)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 27.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Evergreen Marine (Taiwan)'s liquidation value for the three months ended in Dec. 2023 was NT$-48,651 Mil.


Evergreen Marine (Taiwan) Change In Receivables Historical Data

The historical data trend for Evergreen Marine (Taiwan)'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.

* Premium members only.

Evergreen Marine (Taiwan) Change In Receivables Chart

Evergreen Marine (Taiwan) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,359.82 -9,215.86 -21,664.31 27,734.16 8,063.45

Evergreen Marine (Taiwan) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables 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 12,303.86 4,835.02 1,812.53 2,831.43 -1,415.54

Evergreen Marine (Taiwan) 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.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$8,063 Mil.

* 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.


Evergreen Marine (Taiwan)  (TPE:2603) 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.

Evergreen Marine (Taiwan)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20625.783/69691.146*91
=27.01

2. In Ben Graham's calculation of liquidation value, Evergreen Marine (Taiwan)'s accounts receivable are only considered to be worth 75% of book value:

Evergreen Marine (Taiwan)'s liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=191857.12-261035.908+0.75 * 20625.783+0.5 * 10116.932
=-48,651

* 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.


Evergreen Marine (Taiwan) Change In Receivables Related Terms

Thank you for viewing the detailed overview of Evergreen Marine (Taiwan)'s Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Evergreen Marine (Taiwan) (TPE:2603) Business Description

Traded in Other Exchanges
N/A
Address
No. 166, Minsheng East Road, Section 2, Zhongshan District, Taipei, TWN
Evergreen Marine (Taiwan) is a transportation and logistics company domiciled in Taiwan. The company's main source of revenue is generated by transporting goods via its fleet of cargo ships. The company also manufactures, repairs, and distributes shipping containers; loads and unloads cargo; and provides logistics support services. The company principally derives revenue from the Americas and Europe, followed by Taiwan.

Evergreen Marine (Taiwan) (TPE:2603) Headlines

No Headlines