GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Abocom Systems Inc (TPE:2444) » Definitions » Accounts Receivable

Abocom Systems (TPE:2444) Accounts Receivable : NT$137 Mil (As of Dec. 2024)


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

What is Abocom Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Abocom Systems's accounts receivables for the quarter that ended in Dec. 2024 was NT$137 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Abocom Systems's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 31.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Abocom Systems's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$-0.73.


Abocom Systems Accounts Receivable Historical Data

The historical data trend for Abocom 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.

Abocom Systems Accounts Receivable Chart

Abocom 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 250.61 269.93 402.54 257.66 136.56

Abocom 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 257.66 127.46 211.88 200.77 136.56

Abocom Systems Accounts Receivable Calculation

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


Abocom 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.

Abocom 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
=136.559/395.385*91
=31.52

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

Abocom 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)
=(641.847+0.75 * 136.559+0.5 * 392.532-1014.666
-0-0)/101.570
=-0.73

* 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.


Abocom Systems Accounts Receivable Related Terms

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


Abocom Systems Business Description

Traded in Other Exchanges
N/A
Address
No. 50-8, Scientific Research Road, 2nd Floor, Hsinchu Science Park, Zhunan Township, Miaoli County, TWN
Abocom Systems Inc is a tele-communication company engaged in research, development, production, manufacturing and sale of various digital and data network communication and information, audio-video electronics, memories, and peripherals of laptop computers. It is involved in designing, developing and manufacturing various RF / Microwave and networking solution. It also provides mobile and SOHO data communication solutions. The Company operates in four segments that include Netcom, Memory, Advanced Laser, and IoT. Its products include video transmission, switch, video server, PCI, Modem, USB, and AP Router, among others.

Abocom Systems Headlines

No Headlines