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Cica Huntek Chemical Technology Taiwan C (ROCO:6725) Accounts Receivable : NT$310 Mil (As of Dec. 2024)


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What is Cica Huntek Chemical Technology Taiwan C Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cica Huntek Chemical Technology Taiwan C's accounts receivables for the quarter that ended in Dec. 2024 was NT$310 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cica Huntek Chemical Technology Taiwan C's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 34.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cica Huntek Chemical Technology Taiwan C's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$-1.85.


Cica Huntek Chemical Technology Taiwan C Accounts Receivable Historical Data

The historical data trend for Cica Huntek Chemical Technology Taiwan C'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.

Cica Huntek Chemical Technology Taiwan C Accounts Receivable Chart

Cica Huntek Chemical Technology Taiwan C Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 138.47 159.21 136.00 345.42 309.53

Cica Huntek Chemical Technology Taiwan C Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 136.00 238.97 345.42 312.43 309.53

Cica Huntek Chemical Technology Taiwan C Accounts Receivable Calculation

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


Cica Huntek Chemical Technology Taiwan C 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.

Cica Huntek Chemical Technology Taiwan C's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=309.527/1651.082*91
=34.21

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

Cica Huntek Chemical Technology Taiwan C's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(945.98+0.75 * 309.527+0.5 * 749.172-1614.877
-0-0)/33.614
=-1.85

* 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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Cica Huntek Chemical Technology Taiwan C Business Description

Traded in Other Exchanges
N/A
Address
No.145, Xianzheng 9th Road, 8th Floor-1, Zhubei, TWN, 302
Cica Huntek Chemical Technology Taiwan C is engaged in the development and design of chemical supply equipment used in the semiconductor manufacturing industry. It provides chemical dispense system, chemical mixing and dispensing system, chemical dilution and dispense system, waste chemical collection system, and others.

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