Hengs Technology Co (ROCO:4582) Change In Receivables : NT$-175 Mil (TTM As of Dec. 2023)

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What is Hengs Technology Co Change In Receivables?

Hengs Technology Co's change in receivables for the quarter that ended in Dec. 2023 was NT$-380 Mil. It means Hengs Technology Co's Accounts Receivable increased by NT$380 Mil from Jun. 2023 to Dec. 2023 .

Hengs Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-175 Mil. It means Hengs Technology Co's Accounts Receivable increased by NT$175 Mil from Dec. 2022 to Dec. 2023 .

Hengs Technology Co's Accounts Receivable for the quarter that ended in Dec. 2023 was NT$622 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. Hengs Technology Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 200.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hengs Technology Co's liquidation value for the six months ended in Dec. 2023 was NT$-1,454 Mil.

Hengs Technology Co Change In Receivables Historical Data

The historical data trend for Hengs 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.

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Hengs Technology Co Change In Receivables Chart

Hengs Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-198.30

-57.95

329.98

-351.68

-175.46

Hengs Technology Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial									309.53	-11.88	-339.80	204.10	-379.56

Hengs 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-175 Mil.

Hengs Technology Co (ROCO:4582) 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.

Hengs Technology Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	622.496	/	566.866	*	91
=	200.41

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

Hengs Technology Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	399.206	-	2460.425	+	0.75 * 622.496	+	0.5 * 280.456
=	-1,454

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Hengs Technology Co (ROCO:4582) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hengs Technology Co Ltd (ROCO:4582) » Definitions » Change In Receivables

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Address

Number 168, Yongke Ring Road, Yongkang District, Tainan, TWN, 710

Website

http://www.hengs.com

Hengs Technology Co Ltd is a Taiwan-based company engaged in the development of the solar power system. The product portfolio of the company includes Solar Pump Package, Solar Outdoor Lighting, Solar Mounting Rack, PV Module, and Battery among others. The main business projects include energy technical service engineering, electronic equipment retail and wholesale, other machinery and lighting equipment manufacturing, international trade, etc.

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