GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Miramar Hospitality Co Ltd (ROCO:2730) » Definitions » Change In Receivables

Miramar Hospitality Co (ROCO:2730) Change In Receivables : NT$17.2 Mil (TTM As of Jun. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Miramar Hospitality Co Change In Receivables?

Miramar Hospitality Co's change in receivables for the quarter that ended in Jun. 2023 was NT$-4.5 Mil. It means Miramar Hospitality Co's Accounts Receivable increased by NT$4.5 Mil from Dec. 2022 to Jun. 2023 .

Miramar Hospitality Co's change in receivables for the fiscal year that ended in Dec. 2022 was NT$9.2 Mil. It means Miramar Hospitality Co's Accounts Receivable declined by NT$9.2 Mil from Dec. 2021 to Dec. 2022 .

Miramar Hospitality Co's Accounts Receivable for the quarter that ended in Jun. 2023 was NT$9.4 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. Miramar Hospitality Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 19.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Miramar Hospitality Co's liquidation value for the six months ended in Jun. 2023 was NT$-664.4 Mil.


Miramar Hospitality Co Change In Receivables Historical Data

The historical data trend for Miramar Hospitality 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.

* Premium members only.

Miramar Hospitality Co Change In Receivables Chart

Miramar Hospitality Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 -1.98 17.17 -7.53 9.18

Miramar Hospitality Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.07 -7.60 -12.57 21.75 -4.54

Miramar Hospitality 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$17.2 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.


Miramar Hospitality Co  (ROCO:2730) 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.

Miramar Hospitality Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.436/88.989*91
=19.35

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

Miramar Hospitality Co's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=110.553-782.895+0.75 * 9.436+0.5 * 1.727
=-664.4

* 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.


Miramar Hospitality Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Miramar Hospitality Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Miramar Hospitality Co (ROCO:2730) Business Description

Traded in Other Exchanges
N/A
Address
83 Civic Boulevard, Section 3, Taipei, TWN
Miramar Hospitality Co Ltd is a Taiwan based restaurant operating company. It is engaged in the operation of hotel business, cafes, bars, conference rooms, and gym and sauna store. The company offers hotel rooms, catering, and health club service.

Miramar Hospitality Co (ROCO:2730) Headlines

No Headlines