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Full Rise Electronic Co (ROCO:6211) Accounts Receivable : NT$0.4 Mil (As of Sep. 2015)


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What is Full Rise Electronic Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Full Rise Electronic Co's accounts receivables for the quarter that ended in Sep. 2015 was NT$0.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Full Rise Electronic Co's Days Sales Outstanding for the quarter that ended in Sep. 2015 was 0.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Full Rise Electronic Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2015 was NT$4.59.


Full Rise Electronic Co Accounts Receivable Historical Data

The historical data trend for Full Rise Electronic 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.

* Premium members only.

Full Rise Electronic Co Accounts Receivable Chart

Full Rise Electronic Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Receivable
Get a 7-Day Free Trial 61.68 25.47 6.18 6.45 2.25

Full Rise Electronic Co Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 2.10 2.25 0.62 0.42 0.41

Full Rise Electronic Co Accounts Receivable Calculation

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


Full Rise Electronic 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.

Full Rise Electronic Co's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.414/72.521*91
=0.52

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

Full Rise Electronic Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2015 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)
=(442.756+0.75 * 0.414+0.5 * 1.213-252.479
-0-0)/41.6378
=4.59

* 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.


Full Rise Electronic Co Accounts Receivable Related Terms

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Full Rise Electronic Co (ROCO:6211) Business Description

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Full Rise Electronic Co., Ltd designs, manufactures, and markets connectors.The company's product portfolio contains various connectors for networking, personal computer, telecommunications, consumer electronics, and wireless applications.

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