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Yi Chun Green Technology Co (ROCO:6912) Accounts Receivable : NT$0.59 Mil (As of Dec. 2024)


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What is Yi Chun Green Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yi Chun Green Technology Co's accounts receivables for the quarter that ended in Dec. 2024 was NT$0.59 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yi Chun Green Technology Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 124.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yi Chun Green Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$1.08.


Yi Chun Green Technology Co Accounts Receivable Historical Data

The historical data trend for Yi Chun Green 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.

Yi Chun Green Technology Co Accounts Receivable Chart

Yi Chun Green Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial - - 0.29 0.44 0.59

Yi Chun Green Technology Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.28 0.44 0.48 0.59

Yi Chun Green Technology Co Accounts Receivable Calculation

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


Yi Chun Green 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.

Yi Chun Green Technology Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.59/0.864*91
=124.62

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

Yi Chun Green Technology Co'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)
=(216.242+0.75 * 0.59+0.5 * 0.358-61.901
-0-0)/144.000
=1.08

* 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.


Yi Chun Green Technology Co Accounts Receivable Related Terms

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Yi Chun Green Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 761, Sec. 2, Youguan Road, Luzhu District, Taoyuan, TWN, 338002
Yi Chun Green Technology Co is a Company which is engaged in the business of recycling and reusing used diapers including related absorbent sanitary materials and factory-made defective diapers and their related scraps. The treatment methods for defective waste diapers are mostly incineration. The diapers contain plastics that cannot be decomposed and highly absorbent molecules. The company's main source of income is diaper recycling and the sale of recycled raw materials. After processing with patented technology, it is reduced to three main recycled materials.

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