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Kiwi Technology (ROCO:6699) Accounts Receivable : NT$39.99 Mil (As of Jun. 2024)


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What is Kiwi Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kiwi Technology's accounts receivables for the quarter that ended in Jun. 2024 was NT$39.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kiwi Technology's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 111.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kiwi Technology's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$1.67.


Kiwi Technology Accounts Receivable Historical Data

The historical data trend for Kiwi Technology'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.

Kiwi Technology Accounts Receivable Chart

Kiwi Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 13.09 10.82 5.01 14.37 24.14

Kiwi Technology Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 18.14 14.37 3.75 24.14 39.99

Kiwi Technology Accounts Receivable Calculation

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


Kiwi Technology 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.989/65.733*91
=111.02

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

Kiwi Technology'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)
=(37.202+0.75 * 39.989+0.5 * 17.309-25.072
-0-0)/30.478
=1.67

* 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.


Kiwi Technology Accounts Receivable Related Terms

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Kiwi Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 118, Ciyun Road, No. 27, Floor 5, East District, Hsinchu, TWN, 302
Kiwi Technology Inc is engaged in business projects like audio-visual and communication ICs Design and sales of chips, and IoT solutions for LoRA low-power wide-area networks. Its cloud platform provides node devices, gateways, and the entire network, as a data storage and processing platform. The solutions offered by the company include Food Safety, Smart Agriculture, Smart Building and Disaster Prevention among others.

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