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Dr Wu Skincare Co (ROCO:6523) Accounts Receivable : NT$265 Mil (As of Mar. 2024)


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What is Dr Wu Skincare Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dr Wu Skincare Co's accounts receivables for the quarter that ended in Mar. 2024 was NT$265 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dr Wu Skincare Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 69.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dr Wu Skincare Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$24.53.


Dr Wu Skincare Co Accounts Receivable Historical Data

The historical data trend for Dr Wu Skincare 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.

Dr Wu Skincare Co Accounts Receivable Chart

Dr Wu Skincare Co 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 182.48 97.89 144.48 125.83 136.93

Dr Wu Skincare Co 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 196.59 157.98 159.22 136.93 264.75

Dr Wu Skincare Co Accounts Receivable Calculation

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


Dr Wu Skincare 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.

Dr Wu Skincare Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=264.746/349.227*91
=69.18

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

Dr Wu Skincare Co'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)
=(1219.721+0.75 * 264.746+0.5 * 193.019-409.875
-0-0)/45.0476
=24.53

* 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.


Dr Wu Skincare Co Accounts Receivable Related Terms

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Dr Wu Skincare Co (ROCO:6523) Business Description

Traded in Other Exchanges
N/A
Address
Nanjing East Road, 13th Floor., No. 70, Section. 3, Zhongshan District, Taipei, TWN, 100
Dr Wu Skincare Co Ltd is a Taiwan based company primarily engaged in the research, development, production, wholesale and retail of cosmetics. It principally manufactures and sells cosmetics. The company offers products such as cosmetic masks, lotions, eye care products, moisturizers and others. The group derives its revenue primarily from the sales of private label care products. It sells the products in Taiwan and internationally, of which majority of the revenue is derived from the sales made in Taiwan.

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