Korea Shipbuilding & Offshore Engineering (Korea Shipbuilding & Offshore Engineering) Change In Receivables : $-850 Mil (TTM As of Mar. 2024)

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What is Korea Shipbuilding & Offshore Engineering Change In Receivables?

Korea Shipbuilding & Offshore Engineering's change in receivables for the quarter that ended in Mar. 2024 was $370 Mil. It means Korea Shipbuilding & Offshore Engineering's Accounts Receivable declined by $370 Mil from Dec. 2023 to Mar. 2024 .

Korea Shipbuilding & Offshore Engineering's change in receivables for the fiscal year that ended in Dec. 2023 was $-890 Mil. It means Korea Shipbuilding & Offshore Engineering's Accounts Receivable increased by $890 Mil from Dec. 2022 to Dec. 2023 .

Korea Shipbuilding & Offshore Engineering's Accounts Receivable for the quarter that ended in Mar. 2024 was $780 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. Korea Shipbuilding & Offshore Engineering's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Korea Shipbuilding & Offshore Engineering's liquidation value for the three months ended in Mar. 2024 was $-10,071 Mil.

Korea Shipbuilding & Offshore Engineering Change In Receivables Historical Data

The historical data trend for Korea Shipbuilding & Offshore Engineering'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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Korea Shipbuilding & Offshore Engineering Change In Receivables Chart

Korea Shipbuilding & Offshore Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-972.37

24.34

-628.99

-813.77

-890.44

Korea Shipbuilding & Offshore Engineering 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															328.16	-719.10	-107.34	-394.05	370.42

Korea Shipbuilding & Offshore Engineering 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 $-850 Mil.

Korea Shipbuilding & Offshore Engineering (GREY:HYHZF) 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.

Korea Shipbuilding & Offshore Engineering's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	780.423	/	4141.87	*	91
=	17.19

2. In Ben Graham's calculation of liquidation value, Korea Shipbuilding & Offshore Engineering's accounts receivable are only considered to be worth 75% of book value:

Korea Shipbuilding & Offshore Engineering'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)
=	3494.285	-	14982.39	+	0.75 * 780.423	+	0.5 * 1664.215
=	-10,071

Korea Shipbuilding & Offshore Engineering Change In Receivables Related Terms

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Korea Shipbuilding & Offshore Engineering (Korea Shipbuilding & Offshore Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Korea Shipbuilding & Offshore Engineering (GREY:HYHZF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

009540:Korea

Address

75, Yulgok-ro, Jongno-gu, Seoul, KOR, 03058

Website

http://www.ksoe.co.kr

HD Korea Shipbuilding & Offshore Engineering is one of the largest shipbuilding companies in the world. It has the capability to build various types of ships, including submarines, naval ships, and auxiliary service vessels. The company is an industrial conglomerate, and operates several business divisions including Shipbuilding, Offshore & Industrial Plant Engineering, Special & Naval Shipbuilding, Marine Engine & Machinery and Industrial Machinery & Energy.