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Goldfine Manufacturers (BKK:GFM-R) Change In Receivables : ฿15.16 Mil (TTM As of Sep. 2014)


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What is Goldfine Manufacturers Change In Receivables?

Goldfine Manufacturers's change in receivables for the quarter that ended in Sep. 2014 was ฿-3.58 Mil. It means Goldfine Manufacturers's Accounts Receivable increased by ฿3.58 Mil from Jun. 2014 to Sep. 2014 .

Goldfine Manufacturers's change in receivables for the fiscal year that ended in Dec. 2013 was ฿-23.03 Mil. It means Goldfine Manufacturers's Accounts Receivable increased by ฿23.03 Mil from Dec. 2012 to Dec. 2013 .

Goldfine Manufacturers's Accounts Receivable for the quarter that ended in Sep. 2014 was ฿351.13 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. Goldfine Manufacturers's Days Sales Outstanding for the three months ended in Sep. 2014 was 108.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Goldfine Manufacturers's liquidation value for the three months ended in Sep. 2014 was ฿852.73 Mil.


Goldfine Manufacturers Change In Receivables Historical Data

The historical data trend for Goldfine Manufacturers'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.

* Premium members only.

Goldfine Manufacturers Change In Receivables Chart

Goldfine Manufacturers Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 34.41 -37.62 -69.03 -7.50 -23.03

Goldfine Manufacturers Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -58.72 -9.44 39.23 -11.05 -3.58

Goldfine Manufacturers 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 Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿15.16 Mil.

* 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.


Goldfine Manufacturers  (BKK:GFM-R) 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.

Goldfine Manufacturers's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=351.13/296.615*91
=108.02

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

Goldfine Manufacturers's liquidation value for the quarter that ended in Sep. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=556.546-116.202+0.75 * 351.13+0.5 * 298.078
=852.73

* 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.


Goldfine Manufacturers Change In Receivables Related Terms

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Goldfine Manufacturers (BKK:GFM-R) Business Description

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Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.

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