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Yulchon Co (XKRX:146060) Accounts Receivable : ₩15,356 Mil (As of Mar. 2024)


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What is Yulchon Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yulchon Co's accounts receivables for the quarter that ended in Mar. 2024 was ₩15,356 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yulchon Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 73.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yulchon Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩-294.89.


Yulchon Co Accounts Receivable Historical Data

The historical data trend for Yulchon 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.

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Yulchon Co Accounts Receivable Chart

Yulchon Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial 10,324.01 11,126.20 11,484.53 15,934.22 19,159.49

Yulchon Co Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial 19,159.49 - 17,720.23 16,106.12 15,356.32

Yulchon Co Accounts Receivable Calculation

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


Yulchon 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.

Yulchon 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
=15356.315/19156.489*91
=73.15

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

Yulchon 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)
=(21530.572+0.75 * 15356.315+0.5 * 10926.411-43182.011
-0-2410.351)/24.0139
=-294.89

* 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.


Yulchon Co Accounts Receivable Related Terms

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Yulchon Co (XKRX:146060) Business Description

Traded in Other Exchanges
N/A
Address
192, Gongdan 2-daero, Siheung-si, Gyeonggi-do, Seoul, KOR, 15102
Yulchon Co Ltd is a Company engaged in manufacturing of Cold drawing precision steel tubes which is used for automobile parts, heat exchangers, machinery.

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