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Chenfull Precision Co (ROCO:6829) Accounts Receivable : NT$357 Mil (As of Mar. 2025)


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What is Chenfull Precision Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chenfull Precision Co's accounts receivables for the quarter that ended in Mar. 2025 was NT$357 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chenfull Precision Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 76.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chenfull Precision Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was NT$1.81.


Chenfull Precision Co Accounts Receivable Historical Data

The historical data trend for Chenfull Precision 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.

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Chenfull Precision Co Accounts Receivable Chart

Chenfull Precision Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 104.39 237.64 239.35 250.81 384.33

Chenfull Precision Co Quarterly Data
Dec19 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 271.04 292.53 286.54 384.33 357.28

Chenfull Precision Co Accounts Receivable Calculation

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


Chenfull Precision 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.

Chenfull Precision 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
=357.28/426.76*91
=76.39

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

Chenfull Precision 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)
=(186.035+0.75 * 357.28+0.5 * 459.166-575.578
-0-0)/59.615
=1.81

* 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.


Chenfull Precision Co Accounts Receivable Related Terms

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Chenfull Precision Co Business Description

Traded in Other Exchanges
N/A
Address
No.28, Houke South Road, Central Science Park, Houli District, Taichung, TWN, 421012
Chenfull Precision Co Ltd is engaged in producing and manufacturing structure parts and engine cases for the international civil aviation industry, and critical parts and components for the optoelectronic and semiconductor equipment industry.

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