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Farmsco (XKRX:036580) Accounts Receivable : ₩218,419 Mil (As of Dec. 2024)


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What is Farmsco Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Farmsco's accounts receivables for the quarter that ended in Dec. 2024 was ₩218,419 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Farmsco's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 49.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Farmsco's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₩-15,093.62.


Farmsco Accounts Receivable Historical Data

The historical data trend for Farmsco'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.

Farmsco Accounts Receivable Chart

Farmsco Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163,747.19 165,363.48 202,187.35 223,687.08 218,418.85

Farmsco Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 223,687.08 - - - 218,418.85

Farmsco Accounts Receivable Calculation

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


Farmsco 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.

Farmsco's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=218418.849/401648.2*91
=49.62

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

Farmsco's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(187751.001+0.75 * 218418.849+0.5 * 245985.867-986775.011
-0-16346.364)/35.019
=-15,093.62

* 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.


Farmsco Accounts Receivable Related Terms

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Farmsco Business Description

Traded in Other Exchanges
N/A
Address
273-4 Gyereuk-Ri, Miyang-Myeon, Anyang, Gyeonggi, KOR, 456-843
Farmsco is engaged in the packaged foods industry. It manufactures and sells assorted feeds for poultry animals. Its products also include processed and fresh meat such as hams and sausages. Farmsco markets its products under brand names such as Pig One, Leader Max and Hypork domestically and in foreign markets.

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