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United Fiber Optic Communication (ROCO:4903) Accounts Receivable : NT$49.3 Mil (As of Mar. 2024)


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What is United Fiber Optic Communication Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Fiber Optic Communication's accounts receivables for the quarter that ended in Mar. 2024 was NT$49.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Fiber Optic Communication's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 30.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Fiber Optic Communication's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$3.57.


United Fiber Optic Communication Accounts Receivable Historical Data

The historical data trend for United Fiber Optic Communication'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.

United Fiber Optic Communication Accounts Receivable Chart

United Fiber Optic Communication Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172.18 82.73 68.82 35.52 141.79

United Fiber Optic Communication Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 84.25 54.15 30.57 141.79 49.27

United Fiber Optic Communication Accounts Receivable Calculation

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


United Fiber Optic Communication 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.

United Fiber Optic Communication's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=49.273/146.022*91
=30.79

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

United Fiber Optic Communication's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(475.283+0.75 * 49.273+0.5 * 87.069-139.817
-0-44.034)/104.052
=3.57

* 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.


United Fiber Optic Communication Accounts Receivable Related Terms

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United Fiber Optic Communication (ROCO:4903) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Creation Road IV, Science-Based Industrial Park, Hsinchu, TWN
United Fiber Optic Communication Inc manufactures and distributes optical fiber cables and transmission equipment. The company mainly engages in exporting and importing products as well as providing services regarding fiber optic cables, related materials and accessories, transmission equipment, dense wavelength division multiplex (DWDM), repeaters, panels and boxes, and preforms, related communications equipment and network workstation systems, FDDI network equipment, optical Cable TV transmitters and receivers, FM PSK multi-band video transmission series, broadband data transmission, and network management systems.

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