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High Power Lighting (ROCO:6559) Change In Receivables : NT$-9.51 Mil (TTM As of Jun. 2024)


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What is High Power Lighting Change In Receivables?

High Power Lighting's change in receivables for the quarter that ended in Jun. 2024 was NT$-12.02 Mil. It means High Power Lighting's Accounts Receivable increased by NT$12.02 Mil from Dec. 2023 to Jun. 2024 .

High Power Lighting's change in receivables for the fiscal year that ended in Dec. 2023 was NT$2.87 Mil. It means High Power Lighting's Accounts Receivable declined by NT$2.87 Mil from Dec. 2022 to Dec. 2023 .

High Power Lighting's Accounts Receivable for the quarter that ended in Jun. 2024 was NT$19.27 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. High Power Lighting's Days Sales Outstanding for the six months ended in Jun. 2024 was 93.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. High Power Lighting's liquidation value for the six months ended in Jun. 2024 was NT$207.25 Mil.


High Power Lighting Change In Receivables Historical Data

The historical data trend for High Power Lighting'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.

High Power Lighting Change In Receivables Chart

High Power Lighting 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 44.46 7.90 -6.22 7.29 2.87

High Power Lighting Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.23 7.52 0.35 2.51 -12.02

High Power Lighting 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-9.51 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.


High Power Lighting  (ROCO:6559) 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.

High Power Lighting's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.272/37.672*91
=93.36

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

High Power Lighting's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=203.884-20.945+0.75 * 19.272+0.5 * 19.714
=207.25

* 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.


High Power Lighting Change In Receivables Related Terms

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High Power Lighting Business Description

Traded in Other Exchanges
N/A
Address
Number 173-8, Yongfeng Road, 2nd Floor, Tu Cheng District, New Taipei City, Taipei, TWN, 236
High Power Lighting Corp is involved in packaging, manufacturing, and designing of LED products. The company offers LED Lighting, Specialty UV, and IR Lighting & Plant-Growth Lighting.

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