Asia Cement (Asia Cement) Change In Receivables : $93.30 Mil (TTM As of Mar. 2024)

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What is Asia Cement Change In Receivables?

Asia Cement's change in receivables for the quarter that ended in Mar. 2024 was $37.00 Mil. It means Asia Cement's Accounts Receivable declined by $37.00 Mil from Dec. 2023 to Mar. 2024 .

Asia Cement's change in receivables for the fiscal year that ended in Dec. 2023 was $114.91 Mil. It means Asia Cement's Accounts Receivable declined by $114.91 Mil from Dec. 2022 to Dec. 2023 .

Asia Cement's Accounts Receivable for the quarter that ended in Mar. 2024 was $314.79 Mil.

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 Receivable are being managed. Asia Cement's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Cement's liquidation value for the three months ended in Mar. 2024 was $-1,135.06 Mil.

Asia Cement Change In Receivables Historical Data

The historical data trend for Asia Cement's Change In Receivables 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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Asia Cement Change In Receivables Chart

Asia Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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114.78

200.06

-18.57

145.76

114.91

Asia Cement Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															60.01	18.77	9.20	28.33	37.00

Asia Cement Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $93.30 Mil.

Asia Cement (OTCPK:AACMZ) Change In Receivables 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 Receivable are being managed.

Asia Cement's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	314.786	/	520.622	*	91
=	55.17

2. In Ben Graham's calculation of liquidation value, Asia Cement's accounts receivable are only considered to be worth 75% of book value:

Asia Cement's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3266.574	-	4757.729	+	0.75 * 314.786	+	0.5 * 240.021
=	-1,135.06

Asia Cement Change In Receivables Related Terms

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Asia Cement (Asia Cement) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Asia Cement Corp (OTCPK:AACMZ) » Definitions » Change In Receivables

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1102:Taiwan

Address

No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106

Website

https://www.acc.com.tw

Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries. The firm also provides a range of services that include industrial plant development, real estate, real estate leasing, warehousing, parking management, waste disposal, and international trade. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, plaster, and silica sand. The majority of revenue comes from Taiwan and China. Its reportable segments are as follows: Cement, electric power, investment, engineering, transportation, stainless steel, and leasing.

Asia Cement (Asia Cement) Headlines

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