GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Daemyung Sonoseason Co Ltd (XKRX:007720) » Definitions » Accounts Receivable

Daemyung Sonoseason Co (XKRX:007720) Accounts Receivable : ₩6,918 Mil (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Daemyung Sonoseason Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Daemyung Sonoseason Co's accounts receivables for the quarter that ended in Mar. 2024 was ₩6,918 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Daemyung Sonoseason Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 22.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Daemyung Sonoseason Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩640.13.


Daemyung Sonoseason Co Accounts Receivable Historical Data

The historical data trend for Daemyung Sonoseason 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.

Daemyung Sonoseason Co Accounts Receivable Chart

Daemyung Sonoseason Co 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 24,399.15 12,579.21 12,882.46 12,299.52 16,430.73

Daemyung Sonoseason Co 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 11,469.32 12,392.18 9,960.56 16,430.73 6,917.54

Daemyung Sonoseason Co Accounts Receivable Calculation

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


Daemyung Sonoseason 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.

Daemyung Sonoseason 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
=6917.539/28467.689*91
=22.17

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

Daemyung Sonoseason 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)
=(101518.315+0.75 * 6917.539+0.5 * 9636.781-47541.019
-0--541.445)/100.8
=640.13

* 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.


Daemyung Sonoseason Co Accounts Receivable Related Terms

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


Daemyung Sonoseason Co (XKRX:007720) Business Description

Traded in Other Exchanges
N/A
Address
262, Hanchigol-gil Seo-myeon, Hongcheon-gun, Gangwon-do, Hongcheon, KOR
Daemyung Sonoseason Co Ltd is engaged in the Security Division, Retail Division, B2B Division, and Pet MRO division. The Security Division develops, manufactures and sells for integrated video security solutions, including recorders, surveillance cameras, accessories, and integrated control software. Retail Division includes Goods & Goods, Logo Shop, Mom Kids, and other shops among others. B2B Distribution Division provides the make-to-order, wholesale, management service of MRO for leisure, plant, golf, lodging, and industry whereas Pet MRO is specialized in the pet industry, such as pet milk, pet food, and pet supplies.

Daemyung Sonoseason Co (XKRX:007720) Headlines

No Headlines