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FarGlory Life Insurance Co (ROCO:5859) Change In Receivables : NT$-5,175 Mil (TTM As of Dec. 2023)


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What is FarGlory Life Insurance Co Change In Receivables?

FarGlory Life Insurance Co's change in receivables for the quarter that ended in Dec. 2023 was NT$-1,190 Mil. It means FarGlory Life Insurance Co's Accounts Receivable increased by NT$1,190 Mil from Jun. 2023 to Dec. 2023 .

FarGlory Life Insurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-5,175 Mil. It means FarGlory Life Insurance Co's Accounts Receivable increased by NT$5,175 Mil from Dec. 2022 to Dec. 2023 .

FarGlory Life Insurance Co's Accounts Receivable for the quarter that ended in Dec. 2023 was NT$5,144 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. FarGlory Life Insurance Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FarGlory Life Insurance Co's liquidation value for the six months ended in Dec. 2023 was NT$-617,579 Mil.


FarGlory Life Insurance Co Change In Receivables Historical Data

The historical data trend for FarGlory Life Insurance 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.

FarGlory Life Insurance Co Change In Receivables Chart

FarGlory Life Insurance 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 683.69 -2,595.99 -5,042.48 -1,667.74 -5,175.25

FarGlory Life Insurance Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -2,625.83 -1,580.54 -87.20 -3,985.34 -1,189.90

FarGlory Life Insurance 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$-5,175 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.


FarGlory Life Insurance Co  (ROCO:5859) 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.

FarGlory Life Insurance 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
=5144.134/38716.347*91
=24.25

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

FarGlory Life Insurance 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)
=39763.493-661200.711+0.75 * 5144.134+0.5 * 0
=-617,579

* 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.


FarGlory Life Insurance Co Change In Receivables Related Terms

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FarGlory Life Insurance Co (ROCO:5859) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Songgao Road, 28th Floor, Taipei, TWN
FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.

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