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Sunnic Technology & Merchandise (ROCO:3360) Change In Receivables : NT$1,209 Mil (TTM As of Mar. 2024)


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What is Sunnic Technology & Merchandise Change In Receivables?

Sunnic Technology & Merchandise's change in receivables for the quarter that ended in Mar. 2024 was NT$161 Mil. It means Sunnic Technology & Merchandise's Accounts Receivable declined by NT$161 Mil from Dec. 2023 to Mar. 2024 .

Sunnic Technology & Merchandise's change in receivables for the fiscal year that ended in Dec. 2023 was NT$1,123 Mil. It means Sunnic Technology & Merchandise's Accounts Receivable declined by NT$1,123 Mil from Dec. 2022 to Dec. 2023 .

Sunnic Technology & Merchandise's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$649 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. Sunnic Technology & Merchandise's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sunnic Technology & Merchandise's liquidation value for the three months ended in Mar. 2024 was NT$114 Mil.


Sunnic Technology & Merchandise Change In Receivables Historical Data

The historical data trend for Sunnic Technology & Merchandise'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.

Sunnic Technology & Merchandise Change In Receivables Chart

Sunnic Technology & Merchandise Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 632.19 1,983.30 -1,053.87 -97.85 1,123.40

Sunnic Technology & Merchandise 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 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 75.38 42.66 1,057.25 -51.89 161.18

Sunnic Technology & Merchandise 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 NT$1,209 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.


Sunnic Technology & Merchandise  (ROCO:3360) 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.

Sunnic Technology & Merchandise's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=649.426/1112.472*91
=53.27

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

Sunnic Technology & Merchandise'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)
=809.558-1337.762+0.75 * 649.426+0.5 * 309.61
=114

* 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.


Sunnic Technology & Merchandise Change In Receivables Related Terms

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Sunnic Technology & Merchandise (ROCO:3360) Business Description

Traded in Other Exchanges
N/A
Address
No. 76, Zhouzi Street, 6th Floor, Neihu District, Taipei, TWN, 114
Sunnic Technology & Merchandise Inc is engaged in the operation including dealership and distribution of electronic parts and components and production equipment, technology solutions integration and marketing, product manufacturing technique counseling and consultation, product sale, and marketing, and after-sales technical service.

Sunnic Technology & Merchandise (ROCO:3360) Headlines

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