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Hyundai HYSCO (XKRX:010520) Accounts Receivable : ₩189,310 Mil (As of Mar. 2015)


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What is Hyundai HYSCO Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hyundai HYSCO's accounts receivables for the quarter that ended in Mar. 2015 was ₩189,310 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hyundai HYSCO's Days Sales Outstanding for the quarter that ended in Mar. 2015 was 50.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hyundai HYSCO's Net-Net Working Capital per share for the quarter that ended in Mar. 2015 was ₩-11,862.35.


Hyundai HYSCO Accounts Receivable Historical Data

The historical data trend for Hyundai HYSCO'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.

Hyundai HYSCO Accounts Receivable Chart

Hyundai HYSCO Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Receivable
Get a 7-Day Free Trial 610,478.94 787,431.01 715,194.61 270,557.12 212,650.53

Hyundai HYSCO Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 269,394.20 260,198.92 232,797.45 212,650.53 189,310.32

Hyundai HYSCO Accounts Receivable Calculation

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


Hyundai HYSCO 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.

Hyundai HYSCO's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=189310.315/344493.19*91
=50.14

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

Hyundai HYSCO's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2015 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)
=(93914.421+0.75 * 189310.315+0.5 * 89613.715-549109.853
-0-0)/22.6267
=-11,862.35

* 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.


Hyundai HYSCO Accounts Receivable Related Terms

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Hyundai HYSCO (XKRX:010520) Business Description

Traded in Other Exchanges
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Address
Hyundai Hysco Co., Ltd. was established as a subsidiary of Hyundai Motor. The company manufactures steel pipes and sheets. The company also engages in developing fuel cell, and oversease resources. There are many branch offices in various countries.

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