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Everfocus Electronics (TPE:5484) Accounts Receivable : NT$53.5 Mil (As of Mar. 2024)


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What is Everfocus Electronics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Everfocus Electronics's accounts receivables for the quarter that ended in Mar. 2024 was NT$53.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Everfocus Electronics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 59.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Everfocus Electronics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$0.52.


Everfocus Electronics Accounts Receivable Historical Data

The historical data trend for Everfocus Electronics'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.

Everfocus Electronics Accounts Receivable Chart

Everfocus Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.33 53.94 28.78 80.41 59.01

Everfocus Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 67.19 56.72 54.07 59.01 53.50

Everfocus Electronics Accounts Receivable Calculation

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


Everfocus Electronics 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.

Everfocus Electronics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=53.5/82.179*91
=59.41

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

Everfocus Electronics'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)
=(265.446+0.75 * 53.5+0.5 * 128.532-335.363
-0-0)/66.801
=0.52

* 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.


Everfocus Electronics Accounts Receivable Related Terms

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Everfocus Electronics (TPE:5484) Business Description

Traded in Other Exchanges
N/A
Address
Beishen Road, Shenkeng District, 2nd Floor, No. 8, Lane 270, Section 3, New Taipei City, TWN
Everfocus Electronics Corp provides diversified surveillance solutions. The Company is engaged in the design, manufacture, installation, sales and import/export of all kinds of surveillance products such as video processors and electronic cameras. It is a manufacturer and integrated system solution provider of CCTV cameras, DVRs, IP surveillance solutions, access control systems, and further CCTV and access control peripherals. The company's solutions used in transportation, and city surveillance.

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