Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Change In Receivables : $-0.37 Mil (TTM As of Mar. 2024)

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What is Hwa Fong Rubber (Thailand) PCL Change In Receivables?

Hwa Fong Rubber (Thailand) PCL's change in receivables for the quarter that ended in Mar. 2024 was $-0.28 Mil. It means Hwa Fong Rubber (Thailand) PCL's Accounts Receivable increased by $0.28 Mil from Dec. 2023 to Mar. 2024 .

Hwa Fong Rubber (Thailand) PCL's change in receivables for the fiscal year that ended in Dec. 2023 was $2.18 Mil. It means Hwa Fong Rubber (Thailand) PCL's Accounts Receivable declined by $2.18 Mil from Dec. 2022 to Dec. 2023 .

Hwa Fong Rubber (Thailand) PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was $12.16 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. Hwa Fong Rubber (Thailand) PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hwa Fong Rubber (Thailand) PCL's liquidation value for the three months ended in Mar. 2024 was $39.99 Mil.

Hwa Fong Rubber (Thailand) PCL Change In Receivables Historical Data

The historical data trend for Hwa Fong Rubber (Thailand) PCL'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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Hwa Fong Rubber (Thailand) PCL Change In Receivables Chart

Hwa Fong Rubber (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.34

-0.76

-6.04

6.45

2.18

Hwa Fong Rubber (Thailand) PCL 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															2.31	-0.08	-0.07	0.06	-0.28

Hwa Fong Rubber (Thailand) PCL 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 $-0.37 Mil.

Hwa Fong Rubber (Thailand) PCL (OTCPK:HWAFF) 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.

Hwa Fong Rubber (Thailand) PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.156	/	19.126	*	91
=	58.00

2. In Ben Graham's calculation of liquidation value, Hwa Fong Rubber (Thailand) PCL's accounts receivable are only considered to be worth 75% of book value:

Hwa Fong Rubber (Thailand) PCL'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)
=	35.163	-	12.527	+	0.75 * 12.156	+	0.5 * 16.473
=	39.99

Hwa Fong Rubber (Thailand) PCL Change In Receivables Related Terms

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Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hwa Fong Rubber (Thailand) PCL (OTCPK:HWAFF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HFT:Thailand

Address

No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Praksa, Muang Samut Prakan, Samut Prakarn, THA, 10280

Website

https://www.duro.co.th

Hwa Fong Rubber (Thailand) PCL is engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles and small logistics vehicles such as trolley forklift, golf cart, and hiking cart. The company operates in two segments: Sale of goods and Investment. Geographically the business is spread across Asia, Europe, America, and others.

Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Headlines

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