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HD Hyundai Marine Solution Co (XKRX:443060) Accounts Receivable : ₩236,162 Mil (As of Jun. 2024)


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What is HD Hyundai Marine Solution Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HD Hyundai Marine Solution Co's accounts receivables for the quarter that ended in Jun. 2024 was ₩236,162 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HD Hyundai Marine Solution Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 52.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HD Hyundai Marine Solution Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ₩6,842.16.

HD Hyundai Marine Solution Co Accounts Receivable Historical Data

The historical data trend for HD Hyundai Marine Solution 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.

HD Hyundai Marine Solution Co Accounts Receivable Chart

HD Hyundai Marine Solution Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 93,965.97 129,514.82 126,124.16 162,775.03 201,215.68

HD Hyundai Marine Solution Co Semi-Annual Data
Jun23 Dec23 Jun24
Accounts Receivable - 201,215.68 236,162.31

HD Hyundai Marine Solution Co Accounts Receivable Calculation

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

HD Hyundai Marine Solution 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.

HD Hyundai Marine Solution Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=236162.313/820824.22*91
=52.51

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

HD Hyundai Marine Solution Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(447728.903+0.75 * 236162.313+0.5 * 254656.634-448045.025
-0-0)/44.45
=6,842.16

* 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.

HD Hyundai Marine Solution Co Accounts Receivable Related Terms

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HD Hyundai Marine Solution Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » HD Hyundai Marine Solution Co Ltd (XKRX:443060) » Definitions » Accounts Receivable
Comparable Companies
Traded in Other Exchanges
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Address
7th floor , 79 Centum Jungang-ro, Haeundae-gu, U-dong, Centum Science Park, Busan, KOR
Website
https://www.hd-marinesolution.com
HD Hyundai Marine Solution Co Ltd is a company that is engaged in a ship-after-service business that provides necessary services throughout the ship life cycle after delivery of a new ship. They provide products and services in four categories that includes AM solutions, bunkering, eco-friendly conversion, and SDV (Software Defined Vessels). AM Solutions provides maintenance/repair/management services for ships and engines mounted on ships, land-based power generation technology services using engines, and paid/free warranty agency services for ships built by HD Hyundai Group.

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