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Chunghwa Precision Test Tech Co (ROCO:6510) Accounts Receivable : NT$742 Mil (As of Mar. 2025)


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What is Chunghwa Precision Test Tech Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chunghwa Precision Test Tech Co's accounts receivables for the quarter that ended in Mar. 2025 was NT$742 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chunghwa Precision Test Tech Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 58.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chunghwa Precision Test Tech Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was NT$108.16.


Chunghwa Precision Test Tech Co Accounts Receivable Historical Data

The historical data trend for Chunghwa Precision Test Tech 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.

Chunghwa Precision Test Tech Co Accounts Receivable Chart

Chunghwa Precision Test Tech Co 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 799.96 1,069.41 774.01 600.16 1,047.83

Chunghwa Precision Test Tech Co 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 681.70 548.42 686.46 1,047.83 742.06

Chunghwa Precision Test Tech Co Accounts Receivable Calculation

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


Chunghwa Precision Test Tech 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.

Chunghwa Precision Test Tech Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=742.057/1152.374*91
=58.76

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

Chunghwa Precision Test Tech Co'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)
=(3815.196+0.75 * 742.057+0.5 * 648.897-1132.137
-0-17.517)/32.789
=108.16

* 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.


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Chunghwa Precision Test Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Gongye 3rd Road, Pingzhen District, Taoyuan, TWN, 324
Chunghwa Precision Test Tech Co Ltd is engaged mainly in the testing of semiconductor components, the production of printed circuit boards, and the marketing of electronic products. The company earns revenue from the sale of goods, including semiconductor test components, printed circuit boards, and electronic products. It also earns revenue from the rendering of services such as designing and maintaining semiconductor components, printed circuit boards, and providing after-sales services. It generates maximum revenue from the sale of wafer test boards. Geographically, the company generates maximum revenue from Taiwan, followed by the United States, China, and other regions.

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