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Forcecon Technology Co (ROCO:3483) Change In Receivables : NT$-463 Mil (TTM As of Mar. 2024)


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What is Forcecon Technology Co Change In Receivables?

Forcecon Technology Co's change in receivables for the quarter that ended in Mar. 2024 was NT$459 Mil. It means Forcecon Technology Co's Accounts Receivable declined by NT$459 Mil from Dec. 2023 to Mar. 2024 .

Forcecon Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-790 Mil. It means Forcecon Technology Co's Accounts Receivable increased by NT$790 Mil from Dec. 2022 to Dec. 2023 .

Forcecon Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$2,845 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. Forcecon Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 135.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Forcecon Technology Co's liquidation value for the three months ended in Mar. 2024 was NT$66 Mil.


Forcecon Technology Co Change In Receivables Historical Data

The historical data trend for Forcecon Technology 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.

Forcecon Technology Co Change In Receivables Chart

Forcecon Technology Co 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 -161.35 -445.50 -1,088.96 992.46 -790.48

Forcecon Technology Co 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 131.40 -402.79 -777.70 258.62 458.85

Forcecon Technology 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-463 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.


Forcecon Technology Co  (ROCO:3483) 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.

Forcecon Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2844.644/1914.361*91
=135.59

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

Forcecon Technology Co'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)
=1937.274-4663.093+0.75 * 2844.644+0.5 * 1315.872
=66

* 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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Forcecon Technology Co (ROCO:3483) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, No. 31, Hsin Tai Road, Hsinchu County, Taiheli, Chu-Bei, TWN, 30252
Forcecon Technology Co Ltd is a Taiwan based company engaged in the business activities includes the design, manufacturing, processing and trading of computer and peripheral equipment components. The segment includes, The company, suzhou Forcecon, Chongqing Forcecon, Sichuan Forcecon and Other segment.

Forcecon Technology Co (ROCO:3483) Headlines

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