Korea District Heating (XKRX:071320) Change In Receivables : ₩189,242 Mil (TTM As of Dec. 2023)

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What is Korea District Heating Change In Receivables?

Korea District Heating's change in receivables for the quarter that ended in Dec. 2023 was ₩-514,731 Mil. It means Korea District Heating's Accounts Receivable increased by ₩514,731 Mil from Sep. 2023 to Dec. 2023 .

Korea District Heating's change in receivables for the fiscal year that ended in Dec. 2023 was ₩189,242 Mil. It means Korea District Heating's Accounts Receivable declined by ₩189,242 Mil from Dec. 2022 to Dec. 2023 .

Korea District Heating's Accounts Receivable for the quarter that ended in Dec. 2023 was ₩707,448 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. Korea District Heating's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Korea District Heating's liquidation value for the three months ended in Dec. 2023 was ₩-5,297,621 Mil.

Korea District Heating Change In Receivables Historical Data

The historical data trend for Korea District Heating'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.

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Korea District Heating Change In Receivables Chart

Korea District Heating Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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9,656.58

28,934.47

-145,796.51

-339,437.32

189,241.54

Korea District Heating 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															-623,903.05	232,910.98	401,119.60	69,942.27	-514,731.30

Korea District Heating 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 ₩189,242 Mil.

Korea District Heating (XKRX:071320) 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.

Korea District Heating's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	707447.672	/	1038470.65	*	91
=	62.16

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

Korea District Heating'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)
=	16322.778	-	5875165.562	+	0.75 * 707447.672	+	0.5 * 61272.689
=	-5,297,621

Korea District Heating Change In Receivables Related Terms

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Korea District Heating (XKRX:071320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Korea District Heating Corp (XKRX:071320) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

368, Bundang-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, KOR, 463-908

Website

https://www.kdhc.co.kr

Korea District Heating Corp operates in the Korean utility sector. Its business is to produce hot and cold water for the purpose of power generation. Its heating systems make sure that apartments and commercial buildings need not have their own heating facilities, thereby saving energy and reducing atmospheric pollution.

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