Chang Wah Electronmaterials (TPE:8070) Accounts Receivable : NT$3,344 Mil (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Chang Wah Electronmaterials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chang Wah Electronmaterials's accounts receivables for the quarter that ended in Mar. 2024 was NT$3,344 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chang Wah Electronmaterials's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 75.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chang Wah Electronmaterials's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-12.48.

Chang Wah Electronmaterials Accounts Receivable Historical Data

The historical data trend for Chang Wah Electronmaterials'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.

Chang Wah Electronmaterials Accounts Receivable Chart

Chang Wah Electronmaterials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

3,509.32

3,679.21

4,800.35

3,912.08

3,324.63

Chang Wah Electronmaterials 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															3,269.23	3,199.27	3,289.70	3,324.63	3,343.96

Chang Wah Electronmaterials Accounts Receivable Calculation

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

Chang Wah Electronmaterials 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.

Chang Wah Electronmaterials's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3343.963	/	4019.134	*	91
=	75.92

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

Chang Wah Electronmaterials'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)
=	(10503.734	+	0.75 * 3343.963	+	0.5 * 2028.144	-	17658.747
-	0	-	4728.691)	/	670.039
=	-12.48

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.

Chang Wah Electronmaterials Accounts Receivable Related Terms

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

Chang Wah Electronmaterials (TPE:8070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chang Wah Electronmaterials Inc (TPE:8070) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, East 7th Street, 6th Floor, Nanzi District, Kaohsiung, TWN, 811

Website

https://www.cwei.com.tw

Chang Wah Electronmaterials Inc. is a Taiwan-based company engaged in distributing materials and equipment for integrated circuit (IC) packaging. It offers products such as IC packaging materials and devices including sealant resins, conductive adhesives, non-conductive adhesives, lead frames, auto molding equipment, as well as trim and form equipment, and TFT-LCD materials, including chip on film (COF) substrates, light guide plates and optical films, as well as LED lead frames and solar power systems. Its segment includes The Corporation; CWTC and its subsidiaries and others. Geographically, it derives a majority of its revenue from Asia.

Chang Wah Electronmaterials (TPE:8070) Headlines

No Headlines