GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chia Ta World Co Ltd (TPE:2033) » Definitions » Accounts Receivable

Chia Ta World Co (TPE:2033) Accounts Receivable : NT$90.6 Mil (As of Dec. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Chia Ta World Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chia Ta World Co's accounts receivables for the quarter that ended in Dec. 2024 was NT$90.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chia Ta World Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 52.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chia Ta World Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$1.22.


Chia Ta World Co Accounts Receivable Historical Data

The historical data trend for Chia Ta World 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.

Chia Ta World Co Accounts Receivable Chart

Chia Ta World Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.47 138.78 88.91 85.44 90.63

Chia Ta World Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 85.44 83.09 82.02 79.81 90.63

Chia Ta World Co Accounts Receivable Calculation

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


Chia Ta World 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.

Chia Ta World 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
=90.625/156.121*91
=52.97

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

Chia Ta World 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)
=(65.06+0.75 * 90.625+0.5 * 240.446-154.859
-0-0)/80.695
=1.22

* 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.


Chia Ta World Co Accounts Receivable Related Terms

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


Chia Ta World Co Business Description

Traded in Other Exchanges
N/A
Address
Number 16 Lane 317, Chung Cheng North Road, YongKang District, Tainan, TWN
Chia Ta World Co Ltd is engaged in the manufacturing, processing, and distribution of steel products including steel wires, galvanized steel wires, galvanized iron wires, pre-stressed concrete (PC) steel wire, pre-stressed concrete (PC) steel wire strands, pre-stressed concrete (PC) deformed steel bars, steel wire strands, steel ropes, and steel cables among others. The company's products are widely used in the Spring/Suspension Industry, Mattress Manufacturing, Pre-stressed Concrete Products Industry, Infrastructure (Bridges, Beams, and Civil Engineering), Construction Industry, and much more. Geographically, the firm generates a majority of its revenue from Taiwan followed by Japan and Mainland China.

Chia Ta World Co Headlines

No Headlines