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Coreline Soft Co (XKRX:384470) Accounts Receivable : ₩1,035 Mil (As of Dec. 2024)


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What is Coreline Soft Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Coreline Soft Co's accounts receivables for the quarter that ended in Dec. 2024 was ₩1,035 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Coreline Soft Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 103.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Coreline Soft Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₩-487.25.


Coreline Soft Co Accounts Receivable Historical Data

The historical data trend for Coreline Soft 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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Coreline Soft Co Accounts Receivable Chart

Coreline Soft Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
475.87 429.01 788.69 745.37 1,035.48

Coreline Soft Co Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 745.37 867.14 1,187.72 1,444.85 1,035.48

Coreline Soft Co Accounts Receivable Calculation

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


Coreline Soft 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.

Coreline Soft Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1035.479/911.781*91
=103.63

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

Coreline Soft Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(13466.451+0.75 * 1035.479+0.5 * 0-21000.777
-0-0)/13.869
=-487.25

* 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.


Coreline Soft Co Accounts Receivable Related Terms

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Coreline Soft Co Business Description

Traded in Other Exchanges
N/A
Address
49, Worldcupbuk-ro 6-gil, Mapo-gu, 4th and 5th floors, Yeonnam-dong, Seoul, KOR
Coreline Soft Co Ltd is an Artificial Intelligence-based 3D medical image analysis solution company. Their core technology is XAI (Explainable AI) technology, which assists diagnosis by fully automatically and accurately quantitatively analyzing 3D medical images and providing results and supporting data to medical staff. The company's main product is a solution used to assist medical staff in diagnosis or support treatment and research by analyzing CT (Computerized Tomography) images of the chest, head and neck, etc.

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