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ALMAC Co (XKRX:354320) Accounts Receivable : ₩33,682 Mil (As of Sep. 2024)


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What is ALMAC Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ALMAC Co's accounts receivables for the quarter that ended in Sep. 2024 was ₩33,682 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ALMAC Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 73.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ALMAC Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₩-11,236.67.


ALMAC Co Accounts Receivable Historical Data

The historical data trend for ALMAC 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.

ALMAC Co Accounts Receivable Chart

ALMAC Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
20,408.39 18,628.70 16,680.78 53,885.60 39,435.32

ALMAC Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 45,304.27 39,435.32 37,245.81 38,866.58 33,681.69

ALMAC Co Accounts Receivable Calculation

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


ALMAC 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.

ALMAC Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=33681.687/41749.3*91
=73.62

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

ALMAC Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(80653.543+0.75 * 33681.687+0.5 * 34871.861-183354.711
-0-11813.877)/6.39138
=-11,236.67

* 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.


ALMAC Co Accounts Receivable Related Terms

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ALMAC Co Business Description

Traded in Other Exchanges
N/A
Address
148 Gongdan-ro, Seongsan-gu, Gyeongsangnam-do, Changwon-si, KOR
ALMAC Co Ltd engages in specializing in aluminum extrusion. It offers aluminum extrusion parts of batteries for electric vehicles and is a global company mainly targeting overseas electric vehicle markets. Its product offerings comprise EV battery module cases, battery pack frames, electric vehicle platforms, Bumper, dustproof, body structural parts, process automation rails, industrial facility frames, and Cylindrical material used in manufacturing extruded products.

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