GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Okins Electronics Co Ltd (XKRX:080580) » Definitions » Accounts Receivable

Okins Electronics Co (XKRX:080580) Accounts Receivable : ₩12,114 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Okins Electronics Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Okins Electronics Co's accounts receivables for the quarter that ended in Mar. 2024 was ₩12,114 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Okins Electronics Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 70.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Okins Electronics Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩-1,915.49.


Okins Electronics Co Accounts Receivable Historical Data

The historical data trend for Okins Electronics 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.

Okins Electronics Co Accounts Receivable Chart

Okins Electronics 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 7,191.64 6,629.34 8,794.55 9,093.33 11,380.68

Okins Electronics 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 9,785.16 9,577.93 10,812.08 11,380.68 12,113.74

Okins Electronics Co Accounts Receivable Calculation

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


Okins Electronics 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.

Okins Electronics 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
=12113.735/15582.503*91
=70.94

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

Okins Electronics 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)
=(10700.418+0.75 * 12113.735+0.5 * 11609.476-58308.211
-0-234.06)/17.2028
=-1,915.49

* 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.


Okins Electronics Co Accounts Receivable Related Terms

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


Okins Electronics Co (XKRX:080580) Business Description

Traded in Other Exchanges
N/A
Address
13, Ojeongongeop-gil, 5th Floor, Gyeonggi-do, Uiwang-si, KOR, 16072
Okins Electronics Co Ltd is a supplier of the device interface system. The company manufactures BiTS products for the applications to support device contacts for both memory and logic products. The business units of the organization include BiTS BU, Semiconductor BU and MEMS BU. The product line of the BiTS BU includes burn-in socket, test socket, memory module test socket, SSD module socket, spring probes and PION. Its semiconductor test service offers IC testing services for fabless design houses on test development and volume operation of wafer probing and package testing. The MEMS division is a solution-oriented department for manufacturing sockets for testing fine pitch packages.

Okins Electronics Co (XKRX:080580) Headlines

No Headlines