Ablerex Electronics Co (ROCO:3628) Change In Receivables : NT$-45 Mil (TTM As of Mar. 2024)

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What is Ablerex Electronics Co Change In Receivables?

Ablerex Electronics Co's change in receivables for the quarter that ended in Mar. 2024 was NT$53 Mil. It means Ablerex Electronics Co's Accounts Receivable declined by NT$53 Mil from Dec. 2023 to Mar. 2024 .

Ablerex Electronics Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$123 Mil. It means Ablerex Electronics Co's Accounts Receivable declined by NT$123 Mil from Dec. 2022 to Dec. 2023 .

Ablerex Electronics Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$519 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. Ablerex Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ablerex Electronics Co's liquidation value for the three months ended in Mar. 2024 was NT$-315 Mil.

Ablerex Electronics Co Change In Receivables Historical Data

The historical data trend for Ablerex Electronics 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.

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Ablerex Electronics Co Change In Receivables Chart

Ablerex Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-7.37

57.03

-353.60

147.34

122.66

Ablerex Electronics 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															221.07	0.97	-20.39	-78.99	53.18

Ablerex Electronics 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$-45 Mil.

Ablerex Electronics Co (ROCO:3628) 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.

Ablerex Electronics 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
=	518.837	/	600.286	*	91
=	78.87

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

Ablerex Electronics 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)
=	416.243	-	1766.987	+	0.75 * 518.837	+	0.5 * 1293.334
=	-315

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Ablerex Electronics Co (ROCO:3628) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ablerex Electronics Co Ltd (ROCO:3628) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 3, Lane 7, Baogao Road, 1st Floor, New Taipei, Xindian District, Taipei, TWN, 23144

Website

https://www.ablerex.com.tw

Ablerex Electronics Co Ltd is engaged in developing power supply products. The company manufactures uninterrupted power supplies, and power quality devices. Its operating segment includes First Business Division; Second Business Division; Technical Services Division and Energy Division. The company generates maximum revenue from the Second Business Division segment. Its Second Business Division segment is responsible for international sales and market promotion of self-manufactured products. Geographically, it derives a majority of revenue from Taiwan. The products of the company include an energy storage system, photovoltaic device, automatic transfer switch, monitoring, and management system, and active power filter.

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