Motion Technology Electric & Machinery Co (ROCO:4589) Accounts Receivable : NT$135.2 Mil (As of Dec. 2024)

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What is Motion Technology Electric & Machinery Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Motion Technology Electric & Machinery Co's accounts receivables for the quarter that ended in Dec. 2024 was NT$135.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Motion Technology Electric & Machinery Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 58.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Motion Technology Electric & Machinery Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$0.12.

Motion Technology Electric & Machinery Co Accounts Receivable Historical Data

The historical data trend for Motion Technology Electric & Machinery Co'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.

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Motion Technology Electric & Machinery Co Accounts Receivable Chart

Motion Technology Electric & Machinery Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

146.73

170.20

151.65

135.20

Motion Technology Electric & Machinery Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			170.20	176.85	151.65	192.62	135.20

Motion Technology Electric & Machinery Co Accounts Receivable Calculation

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

Motion Technology Electric & Machinery Co 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.

Motion Technology Electric & Machinery Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	135.197	/	421.791	*	91
=	58.50

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Motion Technology Electric & Machinery Co's accounts receivable are only considered to be worth 75% of book value:

Motion Technology Electric & Machinery Co'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)
=	(365.396	+	0.75 * 135.197	+	0.5 * 178.942	-	553.295
-	0	-	0)	/	25.542
=	0.12

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.

Motion Technology Electric & Machinery Co Accounts Receivable Related Terms

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Motion Technology Electric & Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Motion Technology Electric & Machinery Co Ltd (ROCO:4589) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Lane 76, Neiding 20th Street, Zhongli District, Taoyuan City, TWN, 320

Website

https://www.motiontech.com.tw

Motion Technology Electric & Machinery Co Ltd engages in the design and production of high-precision motors for use in medical appliances, electric wheelchairs, mobility scooters, elevators, and transmission systems. Its products include brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, and reluctance motor control.

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