Brightek Optoelectronic Co (TPE:5244) Accounts Receivable : NT$214.4 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Brightek Optoelectronic Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brightek Optoelectronic Co's accounts receivables for the quarter that ended in Mar. 2024 was NT$214.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brightek Optoelectronic Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 106.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brightek Optoelectronic Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$10.96.

Brightek Optoelectronic Co Accounts Receivable Historical Data

The historical data trend for Brightek Optoelectronic 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.

Brightek Optoelectronic Co Accounts Receivable Chart

Brightek Optoelectronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

228.28

281.86

302.56

217.74

255.23

Brightek Optoelectronic Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															214.74	202.64	249.90	255.23	214.40

Brightek Optoelectronic Co Accounts Receivable Calculation

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

Brightek Optoelectronic 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.

Brightek Optoelectronic Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	214.398	/	183.494	*	91
=	106.62

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

Brightek Optoelectronic Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(835.089	+	0.75 * 214.398	+	0.5 * 60.773	-	281.747
-	0	-	0)	/	67.944
=	10.96

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.

Brightek Optoelectronic Co Accounts Receivable Related Terms

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

Brightek Optoelectronic Co (TPE:5244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Brightek Optoelectronic Co Ltd (TPE:5244) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1492-1, Chunri Road, 7th Floor, Taoyuan District, Taoyuan City, TWN, 33051

Website

https://www.brightek.com

Brightek Optoelectronic Co Ltd is a Taiwan-based company that mainly engages in the manufacturing and trading of optoelectronic elements. Geographically company operates in Asia, America, Europe, and Others, where it derives the majority of its revenue from Asia.

Brightek Optoelectronic Co (TPE:5244) Headlines

No Headlines