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Jiu Han System Technology Co (ROCO:6903) Accounts Receivable : NT$608 Mil (As of Mar. 2025)


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What is Jiu Han System Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jiu Han System Technology Co's accounts receivables for the quarter that ended in Mar. 2025 was NT$608 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jiu Han System Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 132.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jiu Han System Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was NT$26.66.


Jiu Han System Technology Co Accounts Receivable Historical Data

The historical data trend for Jiu Han System Technology 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.

Jiu Han System Technology Co Accounts Receivable Chart

Jiu Han System Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 217.88 217.46 72.36 179.91 336.06

Jiu Han System Technology Co Quarterly Data
Dec19 Dec20 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 366.62 172.81 50.45 336.06 608.19

Jiu Han System Technology Co Accounts Receivable Calculation

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


Jiu Han System Technology 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.

Jiu Han System Technology 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
=608.185/419.832*91
=132.19

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

Jiu Han System Technology 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)
=(2079.342+0.75 * 608.185+0.5 * 0-758.082
-0-0)/66.676
=26.66

* 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.


Jiu Han System Technology Co Accounts Receivable Related Terms

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Jiu Han System Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 324, Zhonghua Road, 8th Floor, Section 1, Dongyuanli, East District, Hsinchu, TWN, 300002
Jiu Han System Technology Co Ltd is engaged in business projects such as water, electricity, air conditioning engineering, fire safety equipment installation engineering, and pipe fitting engineering. The company also engages in the design and installation of engineering, instruments and meters, as well as the sale and purchase of related materials.

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