First Financial Holding Co (First Financial Holding Co) Change In Receivables : $-340 Mil (TTM As of Dec. 2023)

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What is First Financial Holding Co Change In Receivables?

First Financial Holding Co's change in receivables for the quarter that ended in Dec. 2023 was $-19 Mil. It means First Financial Holding Co's Accounts Receivable increased by $19 Mil from Sep. 2023 to Dec. 2023 .

First Financial Holding Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-319 Mil. It means First Financial Holding Co's Accounts Receivable increased by $319 Mil from Dec. 2022 to Dec. 2023 .

First Financial Holding Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $0 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. First Financial Holding Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Financial Holding Co's liquidation value for the three months ended in Dec. 2023 was $-120,152 Mil.

First Financial Holding Co Change In Receivables Historical Data

The historical data trend for First Financial Holding Co'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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First Financial Holding Co Change In Receivables Chart

First Financial Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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532.24

-263.74

-301.65

366.68

-319.14

First Financial Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															24.57	-171.00	-537.09	386.90	-18.73

First Financial Holding Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-340 Mil.

First Financial Holding Co (GREY:FFHMY) 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.

First Financial Holding 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
=	0	/	493.45	*	91
=	0.00

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

First Financial Holding Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13632.738	-	133784.488	+	0.75 * 0	+	0.5 * 0
=	-120,152

First Financial Holding Co Change In Receivables Related Terms

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First Financial Holding Co (First Financial Holding Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Financial Holding Co Ltd (GREY:FFHMY) » Definitions » Change In Receivables

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2892:Taiwan

Address

No. 30, Chongqing South Road, 18th Floor, Section 1, Taipei, TWN, 100

Website

https://www.firstholding.com.tw

First Financial Holding Co Ltd is a financial services holding company that consists of various subsidiaries. Most of the company's activities are overwhelmingly concentrated in Taiwan. Its largest revenue-contributing subsidiary, First Bank, derives most of its net revenue from net interest income. First Bank's expansion strategy targets China and Southeast Asia, as well as developed economies across the globe. First Bank emphasizes distribution chain financing and has adjusted its loan portfolio away from capital-intensive lending, together with a focus on fee-based businesses. The company also engages in asset management, securities trading, brokerage services, insurance, venture capital, consulting, and distressed asset investing.

First Financial Holding Co (First Financial Holding Co) Headlines

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Q4 2023 First Financial Holding Co Ltd Earnings Presentation Transcript

By GuruFocus Research • 03-02-2024