Gloria Material Technology (ROCO:5009) Change In Receivables : NT$-728 Mil (TTM As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Gloria Material Technology Change In Receivables?

Gloria Material Technology's change in receivables for the quarter that ended in Mar. 2024 was NT$-281 Mil. It means Gloria Material Technology's Accounts Receivable increased by NT$281 Mil from Sep. 2023 to Mar. 2024 .

Gloria Material Technology's change in receivables for the fiscal year that ended in Dec. 2022 was NT$-454 Mil. It means Gloria Material Technology's Accounts Receivable increased by NT$454 Mil from Dec. 2021 to Dec. 2022 .

Gloria Material Technology's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$2,763 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. Gloria Material Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gloria Material Technology's liquidation value for the three months ended in Mar. 2024 was NT$-4,450 Mil.

Gloria Material Technology Change In Receivables Historical Data

The historical data trend for Gloria Material Technology'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.

Gloria Material Technology Change In Receivables Chart

Gloria Material Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

Get a 7-Day Free Trial

-97.45

225.92

388.36

-822.65

-454.14

Gloria Material Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															240.05	32.91	-320.47	-127.21	-280.68

Gloria Material Technology 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$-728 Mil.

Gloria Material Technology (ROCO:5009) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2763.022	/	3413.139	*	91
=	73.87

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

Gloria Material Technology'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)
=	7601.126	-	17323.5	+	0.75 * 2763.022	+	0.5 * 6399.855
=	-4,450

Gloria Material Technology Change In Receivables Related Terms

Thank you for viewing the detailed overview of Gloria Material Technology's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Gloria Material Technology (ROCO:5009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gloria Material Technology Corp (ROCO:5009) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35 Xinzhong Road, Xinying District, Tainan, TWN

Website

https://www.gmtc.com.tw

Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy and smelting of the raw materials of these products. GMTC provides various quality materials at such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials and Quenched-Tempered Steel and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include cold work tool steel, hot work tool steel, and carbon tool steel.

Gloria Material Technology (ROCO:5009) Headlines

No Headlines