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Taiwan Surface Mounting Technology (TPE:6278) Accounts Receivable : NT$15,055 Mil (As of Sep. 2024)


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What is Taiwan Surface Mounting Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taiwan Surface Mounting Technology's accounts receivables for the quarter that ended in Sep. 2024 was NT$15,055 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taiwan Surface Mounting Technology's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 124.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taiwan Surface Mounting Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was NT$6.22.


Taiwan Surface Mounting Technology Accounts Receivable Historical Data

The historical data trend for Taiwan Surface Mounting Technology'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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Taiwan Surface Mounting Technology Accounts Receivable Chart

Taiwan Surface Mounting Technology 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 12,504.02 12,935.15 22,178.20 18,397.51 14,721.53

Taiwan Surface Mounting Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 17,408.32 14,721.53 14,402.51 15,946.13 15,054.77

Taiwan Surface Mounting Technology Accounts Receivable Calculation

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


Taiwan Surface Mounting Technology 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.

Taiwan Surface Mounting Technology's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15054.767/11008.957*91
=124.78

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

Taiwan Surface Mounting Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(16785.866+0.75 * 15054.767+0.5 * 3297.529-27883.779
-0-22.562)/292.398
=6.22

* 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.


Taiwan Surface Mounting Technology Accounts Receivable Related Terms

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Taiwan Surface Mounting Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 437, Taoying Road, Taoyuan District, Dalinli, Taoyuan, TWN, 330
Taiwan Surface Mounting Technology Corp is mainly engaged in the design, processing, manufacturing, and trading of TFT-LCD panels, general electronic information products, and PCB surface mount packaging. Geographically company generates a majority of its revenue from Mainland China followed by Taiwan, Asia, the United States, Europe, and others. Applications for the company's surface-mount technology include mobile phones, laptops, notebooks, televisions, digital cameras, power supply control boards, and inverter control boards. It also produces touch-panel control boards and micro projector control boards, along with backlighting bars for use in computers, televisions, and portable electronics.

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