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Viking Tech (ROCO:3624) Accounts Receivable : NT$469 Mil (As of Dec. 2024)


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What is Viking Tech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Viking Tech's accounts receivables for the quarter that ended in Dec. 2024 was NT$469 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Viking Tech's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 72.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Viking Tech's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$12.85.


Viking Tech Accounts Receivable Historical Data

The historical data trend for Viking Tech'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.

Viking Tech Accounts Receivable Chart

Viking Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 494.45 671.37 537.12 479.06 468.80

Viking Tech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable 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 479.06 485.51 606.14 578.31 468.80

Viking Tech Accounts Receivable Calculation

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


Viking Tech 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=468.802/586.896*91
=72.89

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

Viking Tech'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)
=(1372.273+0.75 * 468.802+0.5 * 696.023-543.167
-0-20.453)/117.341
=12.85

* 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.


Viking Tech Accounts Receivable Related Terms

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Viking Tech Business Description

Traded in Other Exchanges
N/A
Address
No. 70, Guangfu North Road, Hukou Township, HsinChu Industrial Park, Hsinchu County, Hsinchu, TWN, 303
Viking Tech Corp is a Taiwan based electronic components manufacturing company. It is engaged in research, development, manufacturing, and sale of thick and thin film passive components. The company's product categories include resistors, inductors, and capacitors. Some of these include Automotive Grade Resistor, Thin Film Resistor, Metal Low Ohm Resistor, Leaded Resistor, RF Ceramic Inductor, Miniature Power Inductor, and Shielding Power Inductor among others. Geographically, the company generates maximum revenue from China, and the rest from Taiwan, Hong Kong, America, Germany, Korea, and other regions.

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