Solid Year Co (ROCO:6737) Change In Receivables : NT$47 Mil (TTM As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Solid Year Co Change In Receivables?

Solid Year Co's change in receivables for the quarter that ended in Dec. 2023 was NT$-285 Mil. It means Solid Year Co's Accounts Receivable increased by NT$285 Mil from Jun. 2023 to Dec. 2023 .

Solid Year Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$47 Mil. It means Solid Year Co's Accounts Receivable declined by NT$47 Mil from Dec. 2022 to Dec. 2023 .

Solid Year Co's Accounts Receivable for the quarter that ended in Dec. 2023 was NT$740 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. Solid Year Co's Days Sales Outstanding for the six months ended in Dec. 2023 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. Solid Year Co's liquidation value for the six months ended in Dec. 2023 was NT$-510 Mil.

Solid Year Co Change In Receivables Historical Data

The historical data trend for Solid Year 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.

Solid Year Co Change In Receivables Chart

Solid Year Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-208.58

-1,270.10

1,069.97

177.68

47.28

Solid Year 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									-65.72	-172.02	349.70	332.74	-285.46

Solid Year 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$47 Mil.

Solid Year Co (ROCO:6737) 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.

Solid Year 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
=	739.591	/	1827.088	*	91
=	73.87

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

Solid Year 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)
=	408.545	-	1825.443	+	0.75 * 739.591	+	0.5 * 704.089
=	-510

Solid Year Co Change In Receivables Related Terms

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

Solid Year Co (ROCO:6737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid Year Co Ltd (ROCO:6737) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Road, 18th Floor, No. 97, Section 1, Xizhi District, New Taipei City, Taipei, TWN

Website

http://www.solidyear.com

Solid Year Co Ltd is engaged in producing single-shot and double-shot plastic injection finished products from mold manufacturers specializing in mold design and manufacturing. The company's products are computer keyboard, USB network camera, USB network camera module, driving recorder, hunting machine, projector, gamepad, automotive electronics, in-car multimedia audio and video system, smart rear-view mirror, head-up display, iPhone Computer electronic peripheral products such as Car Box, infant network surveillance camera, among others.

Solid Year Co (ROCO:6737) Headlines

No Headlines