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We Can Medicines Co (ROCO:6929) Accounts Receivable : NT$177 Mil (As of Mar. 2025)


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What is We Can Medicines Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. We Can Medicines Co's accounts receivables for the quarter that ended in Mar. 2025 was NT$177 Mil.

Accounts receivable can be measured by Days Sales Outstanding. We Can Medicines Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 20.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. We Can Medicines Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was NT$-25.02.


We Can Medicines Co Accounts Receivable Historical Data

The historical data trend for We Can Medicines 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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We Can Medicines Co Accounts Receivable Chart

We Can Medicines Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
72.31 127.15 141.87 225.35 177.74

We Can Medicines Co Quarterly Data
Dec20 Dec21 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 235.97 247.18 248.38 177.74 177.10

We Can Medicines Co Accounts Receivable Calculation

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


We Can Medicines 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.

We Can Medicines 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
=177.103/797.872*91
=20.25

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

We Can Medicines 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)
=(264.131+0.75 * 177.103+0.5 * 853.781-1946.32
-0-0)/44.854
=-25.02

* 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.


We Can Medicines Co Accounts Receivable Related Terms

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We Can Medicines Co Business Description

Traded in Other Exchanges
N/A
Address
Section 4, Taiwan Avenue, 20th Floor-1, No. 925, Xitun District, Taichung, TWN
We Can Medicines Co Ltd is a Taiwan-based company mainly engaged in the operation of chain cosmeceutical drugstores. The Company's main products include pharmaceuticals and health food, maternity and infant products, medical supplies, beauty cosmetics, and daily necessities.

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