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OToBrite Electronic (ROCO:2256) Accounts Receivable : NT$79.0 Mil (As of Dec. 2024)


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What is OToBrite Electronic Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OToBrite Electronic's accounts receivables for the quarter that ended in Dec. 2024 was NT$79.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. OToBrite Electronic's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 71.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. OToBrite Electronic's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$3.00.


OToBrite Electronic Accounts Receivable Historical Data

The historical data trend for OToBrite Electronic'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.

OToBrite Electronic Accounts Receivable Chart

OToBrite Electronic Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 87.86 267.64 55.28 82.22 79.03

OToBrite Electronic Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 55.28 42.10 82.22 51.82 79.03

OToBrite Electronic Accounts Receivable Calculation

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


OToBrite Electronic 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.

OToBrite Electronic's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=79.025/201.584*91
=71.54

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

OToBrite Electronic's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(172.106+0.75 * 79.025+0.5 * 66.058-149.278
-0-0)/38.379
=3.00

* 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.


OToBrite Electronic Accounts Receivable Related Terms

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OToBrite Electronic Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Zhanye 2nd Road, Hsinchu Science Park, 6th Floor, Hsinchu, TWN
OToBrite Electronic Inc is dedicated to developing driver safety system products and artificial intelligence technologies. With a vision to provide vehicle imaging systems and driver assistance systems, oToBrite strives to make driving simpler and safer and to contribute to the development of automated driving technology.

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