GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mercuries Data Systems Ltd (TPE:2427) » Definitions » Accounts Receivable

Mercuries Data Systems (TPE:2427) Accounts Receivable : NT$745 Mil (As of Dec. 2024)


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

What is Mercuries Data Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mercuries Data Systems's accounts receivables for the quarter that ended in Dec. 2024 was NT$745 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mercuries Data Systems's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 45.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mercuries Data Systems's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$-9.04.


Mercuries Data Systems Accounts Receivable Historical Data

The historical data trend for Mercuries Data Systems'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.

Mercuries Data Systems Accounts Receivable Chart

Mercuries Data Systems 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 446.51 353.42 499.47 591.64 744.99

Mercuries Data Systems 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 591.64 557.63 483.05 642.11 744.99

Mercuries Data Systems Accounts Receivable Calculation

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


Mercuries Data Systems 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.

Mercuries Data Systems's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=744.994/1498.469*91
=45.37

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

Mercuries Data Systems'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)
=(521.435+0.75 * 744.994+0.5 * 3485.582-4599.808
-0-2.207)/196.818
=-9.04

* 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.


Mercuries Data Systems Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mercuries Data Systems's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercuries Data Systems Business Description

Traded in Other Exchanges
N/A
Address
No.2, Lane 150, Section 5, Xinyi Road, 3rd Floor, Xinyi District, Taipei, TWN
Mercuries Data Systems Ltd is an automated banking and self-service solution provider in Taiwan. It is engaged in sales, leasing, and maintenance of intelligence automation machines in financial service, as well as planning, development, construction, and maintenance of software and hardware accommodating for the integrated system. The company offers a wide range of automated teller machines (ATMs) and self-service solutions for the banking industries, from passbook entry machines and related equipment to ATMs. The segments of the company are classified as; System integration which derives key revenue, and the Financial services segment.

Mercuries Data Systems Headlines

No Headlines