GURUFOCUS.COM » STOCK LIST » Technology » Software » Cellgentek Co Ltd (XKRX:258250) » Definitions » Accounts Receivable

Cellgentek Co (XKRX:258250) Accounts Receivable : ₩4,475 Mil (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Cellgentek Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cellgentek Co's accounts receivables for the quarter that ended in Dec. 2023 was ₩4,475 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cellgentek Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 56.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cellgentek Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₩-1,654.09.


Cellgentek Co Accounts Receivable Historical Data

The historical data trend for Cellgentek 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.

Cellgentek Co Accounts Receivable Chart

Cellgentek Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
3,936.21 4,663.26 9,296.59 13,962.85 4,475.29

Cellgentek Co Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable 3,936.21 4,663.26 9,296.59 13,962.85 4,475.29

Cellgentek Co Accounts Receivable Calculation

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


Cellgentek 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.

Cellgentek Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4475.293/14404.1*91
=56.70

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

Cellgentek Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(2.879+0.75 * 4475.293+0.5 * 15327.884-19275.547
-0-0)/4.989
=-1,654.09

* 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.


Cellgentek Co Accounts Receivable Related Terms

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


Cellgentek Co Business Description

Traded in Other Exchanges
N/A
Address
579-4 Yuseong-daero, Yuseong-gu, Daejeon, KOR
Cellgentek Co Ltd is engaged in provision of information technology services for IT venture companies including computer, IT software development and franchise business. It is also engaged in development of drugs.

Cellgentek Co Headlines

No Headlines