Kings Metal Fiber Technologies Co (ROCO:6832) Change In Receivables : NT$-8.7 Mil (TTM As of Jun. 2024)

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What is Kings Metal Fiber Technologies Co Change In Receivables?

Kings Metal Fiber Technologies Co's change in receivables for the quarter that ended in Jun. 2024 was NT$-22.4 Mil. It means Kings Metal Fiber Technologies Co's Accounts Receivable increased by NT$22.4 Mil from Dec. 2023 to Jun. 2024 .

Kings Metal Fiber Technologies Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$4.9 Mil. It means Kings Metal Fiber Technologies Co's Accounts Receivable declined by NT$4.9 Mil from Dec. 2022 to Dec. 2023 .

Kings Metal Fiber Technologies Co's Accounts Receivable for the quarter that ended in Jun. 2024 was NT$87.5 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. Kings Metal Fiber Technologies Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 69.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kings Metal Fiber Technologies Co's liquidation value for the six months ended in Jun. 2024 was NT$-214.5 Mil.

Kings Metal Fiber Technologies Co Change In Receivables Historical Data

The historical data trend for Kings Metal Fiber Technologies 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.

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Kings Metal Fiber Technologies Co Change In Receivables Chart

Kings Metal Fiber Technologies Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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21.86

-17.07

7.35

-16.80

4.86

Kings Metal Fiber Technologies Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial						-9.20	-7.60	-8.84	13.70	-22.44

Kings Metal Fiber Technologies 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-8.7 Mil.

Kings Metal Fiber Technologies Co (ROCO:6832) 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.

Kings Metal Fiber Technologies Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	87.49	/	230.676	*	91
=	69.22

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

Kings Metal Fiber Technologies Co'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)
=	136.991	-	503.288	+	0.75 * 87.49	+	0.5 * 172.355
=	-214.5

Kings Metal Fiber Technologies Co Change In Receivables Related Terms

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Kings Metal Fiber Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kings Metal Fiber Technologies Co Ltd (ROCO:6832) » Definitions » Change In Receivables

Traded in Other Exchanges

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Address

Linsen N. Road, 8th Floor, No. 426, Zhongshan District, Taipei, TWN, 104

Website

http://www.kingsmetalfiber.com

Kings Metal Fiber Technologies Co Ltd is engaged in the business of advanced textiles. Its customer base ranges from glass manufacturing industries to smart clothing retail markets. By transforming stainless steel fibers into soft and smooth textile constructions, the company provides the ideal buffer material for contacting the hot surfaces of glass during its forming process.

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