GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Long Bon Development Co Ltd (TPE:2514) » Definitions » Accounts Receivable

Long Bon Development Co (TPE:2514) Accounts Receivable : NT$1,205 Mil (As of Dec. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Long Bon Development Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Long Bon Development Co's accounts receivables for the quarter that ended in Dec. 2024 was NT$1,205 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Long Bon Development Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 20.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Long Bon Development Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$-47.28.


Long Bon Development Co Accounts Receivable Historical Data

The historical data trend for Long Bon Development 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.

Long Bon Development Co Accounts Receivable Chart

Long Bon Development 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 425.05 935.24 592.39 1,412.37 1,205.43

Long Bon Development 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 1,412.37 2,064.36 1,816.24 1,753.74 1,205.43

Long Bon Development Co Accounts Receivable Calculation

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


Long Bon Development 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.

Long Bon Development 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
=1205.427/5474.213*91
=20.09

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

Long Bon Development 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)
=(8125.648+0.75 * 1205.427+0.5 * 3628.762-19455.925
-0-8321.25)/358.120
=-47.28

* 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.


Long Bon Development Co Accounts Receivable Related Terms

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


Long Bon Development Co Business Description

Traded in Other Exchanges
N/A
Address
Zhongxiao West Road, 9th Floor, No. 50, Section 1, Zhongzheng District, Taipei, TWN, 100
Long Bon Development Co Ltd is a Taiwan-based company with operations in commercial property and car-park leasing, property developments, hotel management, and online shopping services. The company is also engaged in the management of the Qiaoyuan clubhouse, including guest rooms, conference rooms, and education and training rooms. Investment, Funeral, and Recreation were the group's four segments. Construction projects are the focus of the construction segment. The investment segment invests in financial instruments, while the funeral division provides funeral services and other services. Sports facilities are provided by the recreation segment. The majority of the revenue of the group is from the construction segment.

Long Bon Development Co Headlines

No Headlines