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Baotek Industrial Materials (ROCO:5340) Accounts Receivable : NT$560 Mil (As of Mar. 2025)


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What is Baotek Industrial Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Baotek Industrial Materials's accounts receivables for the quarter that ended in Mar. 2025 was NT$560 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Baotek Industrial Materials's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 99.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Baotek Industrial Materials's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was NT$1.85.


Baotek Industrial Materials Accounts Receivable Historical Data

The historical data trend for Baotek Industrial Materials'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.

Baotek Industrial Materials Accounts Receivable Chart

Baotek Industrial Materials 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 428.94 393.26 368.24 419.26 555.64

Baotek Industrial Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 448.97 491.22 541.05 555.64 559.69

Baotek Industrial Materials Accounts Receivable Calculation

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


Baotek Industrial Materials 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.

Baotek Industrial Materials's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=559.693/515.163*91
=99.14

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

Baotek Industrial Materials's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(238.15+0.75 * 559.693+0.5 * 477.189-536.072
-0-0)/194.894
=1.85

* 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.


Baotek Industrial Materials Accounts Receivable Related Terms

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Baotek Industrial Materials Business Description

Traded in Other Exchanges
N/A
Address
No. 277, Minfeng Road, Yang Mei District, Taoyuan, TWN, 326
Baotek Industrial Materials Ltd is a Taiwan-based company engaged in manufacturing high-end fiberglass fabrics for copper-clad laminates of various electronic applications. It offers products for industrial purposes such as aerospace fiberglass, filter bags, fiberglass sun shade, PTFE, and electronic products. Its Electronic Grade Fiberglass products encompass copper-clad laminates for electronic applications. The company generates its revenue from Japan and also has a presence in Taiwan, China, America, and Other countries.

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