GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Egtronics Co Ltd (XKRX:377330) » Definitions » Accounts Receivable

Egtronics Co (XKRX:377330) Accounts Receivable : ₩23,015 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Egtronics Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Egtronics Co's accounts receivables for the quarter that ended in Dec. 2023 was ₩23,015 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Egtronics Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 120.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Egtronics Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₩1,591.26.


Egtronics Co Accounts Receivable Historical Data

The historical data trend for Egtronics 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.

Egtronics Co Accounts Receivable Chart

Egtronics Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
6,748.33 2,899.57 4,538.44 11,967.49 23,015.39

Egtronics Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11,967.49 6,538.70 8,416.62 8,556.60 23,015.39

Egtronics Co Accounts Receivable Calculation

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


Egtronics 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.

Egtronics 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
=23015.386/17493.426*91
=120.05

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

Egtronics 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)
=(2748.497+0.75 * 23015.386+0.5 * 8265.279-11454.088
-0-150.842)/7.87912
=1,591.26

* 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.


Egtronics Co Accounts Receivable Related Terms

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


Egtronics Co (XKRX:377330) Business Description

Traded in Other Exchanges
N/A
Address
63-100, Geumgok-ro 163 beon-gil, Gyeonggi-do, Hwaseong-si, KOR, 63-100
Egtronics Co Ltd is focused on communication power supplies and their technologies. The product portfolio of the company DC-DC Converter, Driving Inverter, Auxiliary Inverter, Generator controller, Multi-Voltage Output PSU for Optical Repeater, Communication environmental monitoring devices and Light-train non-contact charger.

Egtronics Co (XKRX:377330) Headlines

No Headlines