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Shan-Loong Transportation Co (TPE:2616) Accounts Receivable : NT$463 Mil (As of Dec. 2024)


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What is Shan-Loong Transportation Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shan-Loong Transportation Co's accounts receivables for the quarter that ended in Dec. 2024 was NT$463 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shan-Loong Transportation Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 20.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shan-Loong Transportation Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$-23.34.


Shan-Loong Transportation Co Accounts Receivable Historical Data

The historical data trend for Shan-Loong Transportation 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.

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Shan-Loong Transportation Co Accounts Receivable Chart

Shan-Loong Transportation 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 851.60 966.70 806.93 904.54 463.26

Shan-Loong Transportation 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 904.54 812.75 709.97 602.82 463.26

Shan-Loong Transportation Co Accounts Receivable Calculation

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


Shan-Loong Transportation 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.

Shan-Loong Transportation 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
=463.263/2089.604*91
=20.23

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

Shan-Loong Transportation 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)
=(1557.061+0.75 * 463.263+0.5 * 189.115-4964.336
-0-207.208)/135.929
=-23.34

* 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.


Shan-Loong Transportation Co Accounts Receivable Related Terms

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Shan-Loong Transportation Co Business Description

Traded in Other Exchanges
N/A
Address
1 Minsheng Road, 1st Floor No.1-2, Section 1, Banqiao District, New Taipei City, TWN, 22069
Shan-Loong Transportation Co Ltd provides transportation services. Its business activities include import and export container services, bulk transportation for base paper, wood pulp, and building materials, warehousing operations & oil and gas services. Its segments include the Freight segment, the Gas station segment, and others. It generates the majority of its revenue from the Gas station segment. Geographically, the company derives its key revenue from Taiwan and the rest from Vietnam.

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