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Korea Information Certificate Authority (XKRX:053300) Accounts Receivable : ₩55,335 Mil (As of Mar. 2024)


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What is Korea Information Certificate Authority Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Korea Information Certificate Authority's accounts receivables for the quarter that ended in Mar. 2024 was ₩55,335 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Korea Information Certificate Authority's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 185.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Korea Information Certificate Authority's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩-2,257.72.


Korea Information Certificate Authority Accounts Receivable Historical Data

The historical data trend for Korea Information Certificate Authority'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.

Korea Information Certificate Authority Accounts Receivable Chart

Korea Information Certificate Authority 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 2,260.15 1,467.61 24,685.38 35,391.16 57,585.87

Korea Information Certificate Authority 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 28,625.79 31,570.19 39,959.00 57,585.87 55,334.56

Korea Information Certificate Authority Accounts Receivable Calculation

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


Korea Information Certificate Authority 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.

Korea Information Certificate Authority's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=55334.558/27192.763*91
=185.68

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

Korea Information Certificate Authority'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)
=(84616.612+0.75 * 55334.558+0.5 * 851.073-172036.133
-0-45735.087)/40.4072
=-2,257.72

* 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.


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Korea Information Certificate Authority (XKRX:053300) Business Description

Traded in Other Exchanges
N/A
Address
PDC, 242, Pangyo-ro, 5th Floor, C-dong, Gyeonggi-do, Bundang-gu, Seongnam, KOR, 13487
Korea Information Certificate Authority Inc is the South Korea based company which provides certification and authentication services based on public key infrastructure technology. It offers certification solutions, electronic contract platforms, biometric authentication services, SSL certificates, and device certificates. It mainly provides Confirmation of the identity, Data alteration, and Manipulation, Authentication, and Prevention of repudiation services.

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