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Luminescence Technology (ROCO:6729) Accounts Receivable : NT$8.6 Mil (As of Dec. 2024)


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What is Luminescence Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Luminescence Technology's accounts receivables for the quarter that ended in Dec. 2024 was NT$8.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Luminescence Technology's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 25.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Luminescence Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$6.50.


Luminescence Technology Accounts Receivable Historical Data

The historical data trend for Luminescence 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.

Luminescence Technology Accounts Receivable Chart

Luminescence Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 8.34 11.96 8.60 8.74 8.63

Luminescence Technology Semi-Annual Data
Dec16 Dec17 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 Premium Member Only Premium Member Only 8.60 8.22 8.74 9.05 8.63

Luminescence Technology Accounts Receivable Calculation

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


Luminescence 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.628/61.801*91
=25.48

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

Luminescence Technology'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)
=(158.231+0.75 * 8.628+0.5 * 66.301-33.629
-0-0)/25.268
=6.50

* 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.


Luminescence Technology Accounts Receivable Related Terms

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Luminescence Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 17, Randhan 2nd Road, 2nd Floor, New Taipei City, TWN, 22175
Luminescence Technology Corp is a Taiwan based chemical manufacturing company. The firm's product range consists of OLED material, OPV material, OTFT material, Organic intermediates, Boronic Acid, ITO patterned glass and components among others.

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