K Car Co (XKRX:381970) Change In Receivables : ₩-119 Mil (TTM As of Dec. 2023)

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What is K Car Co Change In Receivables?

K Car Co's change in receivables for the quarter that ended in Dec. 2023 was ₩-3,972 Mil. It means K Car Co's Accounts Receivable increased by ₩3,972 Mil from Sep. 2023 to Dec. 2023 .

K Car Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-119 Mil. It means K Car Co's Accounts Receivable increased by ₩119 Mil from Dec. 2022 to Dec. 2023 .

K Car Co's Accounts Receivable for the quarter that ended in Dec. 2023 was ₩12,398 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. K Car Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. K Car Co's liquidation value for the three months ended in Dec. 2023 was ₩-169,982 Mil.

K Car Co Change In Receivables Historical Data

The historical data trend for K Car Co'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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K Car Co Change In Receivables Chart

K Car Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-533.78

-738.41

-1,151.02

-28.63

-118.70

K Car Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial										5,037.03	-2,521.91	3,949.84	2,425.62	-3,972.25

K Car Co 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 ₩-119 Mil.

K Car Co (XKRX:381970) 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.

K Car 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
=	12397.859	/	495606.393	*	91
=	2.28

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

K Car Co'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)
=	43639.242	-	319202.421	+	0.75 * 12397.859	+	0.5 * 192565.902
=	-169,982

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K Car Co (XKRX:381970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » K Car Co Ltd (XKRX:381970) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

96-1 Yangpyeong-dong 3-ga, 2F, Cheongwoo Auto Plaza, Yeongdeungpo-gu, Seoul, KOR

Website

https://www.kcar.com

K Car Co Ltd is engaged in buying and selling used cars. It is also involved in providing used car rental services. The Cars offered by the company include Kia K8 Hybrid SIgnature, Kia K8 Gasoline, Hyundai Avante, Kia Carnival, and Kia Sorento, among others.

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