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Kangwon Land (XKRX:035250) Change In Receivables : ₩1,407 Mil (TTM As of Dec. 2023)


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What is Kangwon Land Change In Receivables?

Kangwon Land's change in receivables for the quarter that ended in Dec. 2023 was ₩-867 Mil. It means Kangwon Land's Accounts Receivable increased by ₩867 Mil from Sep. 2023 to Dec. 2023 .

Kangwon Land's change in receivables for the fiscal year that ended in Dec. 2023 was ₩1,407 Mil. It means Kangwon Land's Accounts Receivable declined by ₩1,407 Mil from Dec. 2022 to Dec. 2023 .

Kangwon Land's Accounts Receivable for the quarter that ended in Dec. 2023 was ₩5,998 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. Kangwon Land's Days Sales Outstanding for the three months ended in Dec. 2023 was 1.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kangwon Land's liquidation value for the three months ended in Dec. 2023 was ₩585,144 Mil.


Kangwon Land Change In Receivables Historical Data

The historical data trend for Kangwon Land'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.

Kangwon Land Change In Receivables Chart

Kangwon Land 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 5,537.25 3,926.49 -4,397.68 -1,777.77 1,407.17

Kangwon Land 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 -887.30 3,036.12 1,964.73 -2,726.39 -867.30

Kangwon Land 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 ₩1,407 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.


Kangwon Land  (XKRX:035250) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5998.292/325362.37*91
=1.68

2. In Ben Graham's calculation of liquidation value, Kangwon Land's accounts receivable are only considered to be worth 75% of book value:

Kangwon Land'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)
=1348639.185-770755.022+0.75 * 5998.292+0.5 * 5522.131
=585,144

* 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.


Kangwon Land Change In Receivables Related Terms

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Kangwon Land (XKRX:035250) Business Description

Traded in Other Exchanges
N/A
Address
265 High1-Gil Sabuk-Eup, Jeongsun-Kun, Gangwon, KOR
Kangwon Land Inc is a casino and resort company. The business has six business segments that include Casino, Hotel, Holiday Unit, Golf Course, Skiing Ground, and Other. Kangwon operates numerous resorts and casinos that have table games and slot machines. The company's resorts also have condominium units. The Golf Course segment generates revenue from courses the company has built around its resorts. The Skiing Grounds segment is engaged in skiing tickets and rentals through the company's integrated ski resort. The Other business segment controls interests such as Kangwon's theme park. Kangwon Land generates the vast majority of its revenue in South Korea.

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