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Wafer Works (ROCO:6182) Accounts Receivable : NT$1,853 Mil (As of Jun. 2024)


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What is Wafer Works Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wafer Works's accounts receivables for the quarter that ended in Jun. 2024 was NT$1,853 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wafer Works's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 74.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wafer Works's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$-12.65.


Wafer Works Accounts Receivable Historical Data

The historical data trend for Wafer Works'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.

Wafer Works Accounts Receivable Chart

Wafer Works 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 1,427.52 1,685.59 2,402.00 2,452.11 1,493.58

Wafer Works Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2,097.74 2,002.62 1,493.58 1,678.62 1,853.28

Wafer Works Accounts Receivable Calculation

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


Wafer Works 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.

Wafer Works's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1853.278/2272.981*91
=74.40

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

Wafer Works's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(9559.42+0.75 * 1853.278+0.5 * 2805.761-8797.802
-0-10417.476)/542.744
=-12.65

* 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.


Wafer Works Accounts Receivable Related Terms

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Wafer Works Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp provides wafer solutions for customers in single crystal ingot, polished and epitaxial wafers. The company is an electronic materials supplier and manufactures doped silicon wafers used in power semiconductor devices. It manufactures 4 to 8 inches silicon wafers for power semiconductor devices such as high-/low-voltage power MOSFETs, power IC, and other power management devices. Its products consist of polished silicon wafers and epitaxial wafers.

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