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World Known MFG (Cayman) (TPE:4581) Accounts Receivable : NT$195 Mil (As of Jun. 2024)


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What is World Known MFG (Cayman) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. World Known MFG (Cayman)'s accounts receivables for the quarter that ended in Jun. 2024 was NT$195 Mil.

Accounts receivable can be measured by Days Sales Outstanding. World Known MFG (Cayman)'s Days Sales Outstanding for the quarter that ended in Jun. 2024 was 63.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. World Known MFG (Cayman)'s Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$3.38.


World Known MFG (Cayman) Accounts Receivable Historical Data

The historical data trend for World Known MFG (Cayman)'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.

World Known MFG (Cayman) Accounts Receivable Chart

World Known MFG (Cayman) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 132.29 134.88 172.75 190.41 190.70

World Known MFG (Cayman) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 185.46 218.72 190.70 205.83 194.55

World Known MFG (Cayman) Accounts Receivable Calculation

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


World Known MFG (Cayman) 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.

World Known MFG (Cayman)'s Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=194.55/278.821*91
=63.67

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

World Known MFG (Cayman)'s Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(611.764+0.75 * 194.55+0.5 * 256.943-769.803
-0-1.875)/33.899
=3.38

* 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.


World Known MFG (Cayman) Accounts Receivable Related Terms

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World Known MFG (Cayman) Business Description

Traded in Other Exchanges
N/A
Address
Oleander Way, 802 West Bay Road, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, KYI-1208
World Known MFG (Cayman) Ltd is engaged in the design, engineering, and manufacturing of the global automotive industry and industrial metal parts. The product portfolio includes Automotive brakes, brake disks, brake drums, etc. Its products have applications in Commercial vehicles, Green energy, Construction machinery, agriculture machinery, and other industrial machinery. The majority of the revenue is generated from the sale of Automotive parts. The company's geographical segments include America, Asia, and other countries.

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