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Shiny Brands Group Co (ROCO:6703) Change In Receivables : NT$57 Mil (TTM As of Dec. 2024)


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What is Shiny Brands Group Co Change In Receivables?

Shiny Brands Group Co's change in receivables for the quarter that ended in Dec. 2024 was NT$22 Mil. It means Shiny Brands Group Co's Accounts Receivable declined by NT$22 Mil from Sep. 2024 to Dec. 2024 .

Shiny Brands Group Co's change in receivables for the fiscal year that ended in Dec. 2024 was NT$57 Mil. It means Shiny Brands Group Co's Accounts Receivable declined by NT$57 Mil from Dec. 2023 to Dec. 2024 .

Shiny Brands Group Co's Accounts Receivable for the quarter that ended in Dec. 2024 was NT$229 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. Shiny Brands Group Co's Days Sales Outstanding for the three months ended in Dec. 2024 was 20.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shiny Brands Group Co's liquidation value for the three months ended in Dec. 2024 was NT$429 Mil.


Shiny Brands Group Co Change In Receivables Historical Data

The historical data trend for Shiny Brands Group 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.

Shiny Brands Group Co Change In Receivables Chart

Shiny Brands Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.22 25.71 -58.39 -114.31 57.35

Shiny Brands Group 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 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 -16.81 -45.77 -38.59 119.91 21.80

Shiny Brands Group 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$57 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.


Shiny Brands Group Co  (ROCO:6703) 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.

Shiny Brands Group 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
=228.772/998.851*91
=20.90

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

Shiny Brands Group 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)
=965.489-855.645+0.75 * 228.772+0.5 * 295.699
=429

* 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.


Shiny Brands Group Co Change In Receivables Related Terms

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Shiny Brands Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.311, Fuxing North Road, 6th and 7th floors, Songshan District, Taipei, TWN, 105
Shiny Brands Group Co Ltd is engaged in the manufacturing and sale of cosmetics and beauty products ranging from basic skincare to a full range of maintenance products. It sells its products under the brand names SEXYLOOK Beauty, MIRAE Future Beauty, and LUDEYA Ludia. Products offered by the company include black masks, and ear-hooked face masks, among others.

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