Kwang Ming Silk Mill Co (ROCO:4420) Change In Receivables : NT$-8.8 Mil (TTM As of Dec. 2024)

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What is Kwang Ming Silk Mill Co Change In Receivables?

Kwang Ming Silk Mill Co's change in receivables for the quarter that ended in Dec. 2024 was NT$-18.3 Mil. It means Kwang Ming Silk Mill Co's Accounts Receivable increased by NT$18.3 Mil from Sep. 2024 to Dec. 2024 .

Kwang Ming Silk Mill Co's change in receivables for the fiscal year that ended in Dec. 2024 was NT$-8.8 Mil. It means Kwang Ming Silk Mill Co's Accounts Receivable increased by NT$8.8 Mil from Dec. 2023 to Dec. 2024 .

Kwang Ming Silk Mill Co's Accounts Receivable for the quarter that ended in Dec. 2024 was NT$106.4 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. Kwang Ming Silk Mill Co's Days Sales Outstanding for the three months ended in Dec. 2024 was 41.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kwang Ming Silk Mill Co's liquidation value for the three months ended in Dec. 2024 was NT$-260.7 Mil.

Kwang Ming Silk Mill Co Change In Receivables Historical Data

The historical data trend for Kwang Ming Silk Mill 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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Kwang Ming Silk Mill Co Change In Receivables Chart

Kwang Ming Silk Mill Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-25.68

4.81

40.63

-29.26

-8.76

Kwang Ming Silk Mill Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															-24.88	33.61	-19.27	-4.83	-18.28

Kwang Ming Silk Mill 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-8.8 Mil.

Kwang Ming Silk Mill Co (ROCO:4420) 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.

Kwang Ming Silk Mill Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	106.43	/	233.689	*	91
=	41.56

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

Kwang Ming Silk Mill Co's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	130.405	-	507.396	+	0.75 * 106.43	+	0.5 * 72.971
=	-260.7

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Kwang Ming Silk Mill Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kwang Ming Silk Mill Co Ltd (ROCO:4420) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 607, Ruiguang Road, 7th Floor, Neihu District, Taipei, TWN

Website

http://www.kwangming.com

Kwang Ming Silk Mill Co Ltd is a Taiwan-based company that engages in the manufacture and sale of woven fabric and blended fibers. Its products are used to manufacture bridal dress, sports, and casual wears, household decorations, industrial fabrics, and lining cloth, among others. The company has two reportable departments: the fiber department and the real estate development department. The fiber department is engaged in processing yarn, production and trading. The real estate development department is engaged in the development and leasing of residential and commercial office buildings and factories. The majority of its revenue is generated from the fiber department segment.

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