GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Superior Plating Technology Co Ltd (ROCO:8431) » Definitions » Accounts Receivable

Superior Plating Technology Co (ROCO:8431) Accounts Receivable : NT$377.1 Mil (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Superior Plating Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Superior Plating Technology Co's accounts receivables for the quarter that ended in Sep. 2024 was NT$377.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Superior Plating Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 117.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Superior Plating Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was NT$-0.38.


Superior Plating Technology Co Accounts Receivable Historical Data

The historical data trend for Superior Plating 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.

Superior Plating Technology Co Accounts Receivable Chart

Superior Plating Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 327.21 468.18 484.30 290.73 277.50

Superior Plating Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 297.48 277.50 244.56 307.84 377.15

Superior Plating Technology Co Accounts Receivable Calculation

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


Superior Plating 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.

Superior Plating Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=377.148/293.161*91
=117.39

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

Superior Plating Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(255.31+0.75 * 377.148+0.5 * 70.176-416.254
-0-173.599)/43.8685
=-0.38

* 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.


Superior Plating Technology Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Superior Plating Technology Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Superior Plating Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Xinhu 1st Road, 7th Floor, No.151, Neihu District, Taipei, TWN, 114
Superior Plating Technology Co Ltd is a Taiwan-based company engaged in the wholesale of electrical appliances, the wholesale of industrial catalysts, and the management and service of surface treatment technology. The reporting segments of the company are chemical plating, barrel plating, and continuous plating. The maximum revenue is generated from its Continuous plating segment. Geographically, it derives a majority of its revenue from China and the rest from Thailand, and other regions.

Superior Plating Technology Co Headlines

No Headlines