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KPX Chemical Co (XKRX:025000) Accounts Receivable : ₩125,581 Mil (As of Sep. 2024)


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What is KPX Chemical Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KPX Chemical Co's accounts receivables for the quarter that ended in Sep. 2024 was ₩125,581 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KPX Chemical Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 51.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. KPX Chemical Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₩36,885.74.


KPX Chemical Co Accounts Receivable Historical Data

The historical data trend for KPX Chemical 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.

KPX Chemical Co Accounts Receivable Chart

KPX Chemical 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 117,014.65 125,144.43 150,607.86 138,221.77 135,586.55

KPX Chemical Co 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 146,429.32 135,586.55 131,833.42 140,261.26 125,581.10

KPX Chemical Co Accounts Receivable Calculation

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


KPX Chemical 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.

KPX Chemical Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=125581.102/223423.515*91
=51.29

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

KPX Chemical Co'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)
=(198502.462+0.75 * 125581.102+0.5 * 145908.497-181154.694
-0-9088.018)/4.75522
=36,885.74

* 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.


KPX Chemical Co Accounts Receivable Related Terms

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KPX Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
37, Mapo-daero, Mapo-Gu, Seoul, KOR, 04143
KPX Chemical Co Ltd is a Korea-based company engaged in manufacturing, supply, and distribution of polyether polyol and electronic chemical materials. The company's products are used in furniture, shoe, textile, automobile, appliance, construction, container, and other industries. It offers polyethers for flexible slab-foam, flexible mold-foam, semi-rigid urethane foam, and non-foam; polyether polyol for rigid urethane foam; and cross-linking agents, and the electronic chemicals materials are used for flat panel displays (FPDs), semiconductors and other industries, and chemical mechanical planarization (CMP) pads. The group distributes its products within the Korean and overseas markets.

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