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Tan De Tech Co (ROCO:6867) Change In Receivables : NT$75.0 Mil (TTM As of Dec. 2024)


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What is Tan De Tech Co Change In Receivables?

Tan De Tech Co's change in receivables for the quarter that ended in Dec. 2024 was NT$55.3 Mil. It means Tan De Tech Co's Accounts Receivable declined by NT$55.3 Mil from Jun. 2024 to Dec. 2024 .

Tan De Tech Co's change in receivables for the fiscal year that ended in Dec. 2024 was NT$75.0 Mil. It means Tan De Tech Co's Accounts Receivable declined by NT$75.0 Mil from Dec. 2023 to Dec. 2024 .

Tan De Tech Co's Accounts Receivable for the quarter that ended in Dec. 2024 was NT$124.6 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. Tan De Tech Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 116.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tan De Tech Co's liquidation value for the six months ended in Dec. 2024 was NT$211.7 Mil.

Tan De Tech Co Change In Receivables Historical Data

The historical data trend for Tan De Tech 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.

Tan De Tech Co Change In Receivables Chart

Tan De Tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial -19.08 21.37 -94.97 10.71 74.98

Tan De Tech Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only -80.12 -6.74 17.45 19.64 55.34

Tan De Tech 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 semi-annually data reported by the company within the most recent 12 months, which was NT$75.0 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.

Tan De Tech Co  (ROCO:6867) 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.

Tan De Tech 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
=124.643/195.018*91
=116.64

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

Tan De Tech 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)
=180.2-84.087+0.75 * 124.643+0.5 * 44.274
=211.7

* 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.

Tan De Tech Co Change In Receivables Related Terms

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Tan De Tech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tan De Tech Co Ltd (ROCO:6867) » Definitions » Change In Receivables
Comparable Companies
ROCO:2256 ROCO:7764 TPE:1526 TPE:2243 ROCO:2245 ROCO:8423 TPE:1512 ROCO:8107 ROCO:5276 ROCO:4528 ORLY AZO TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XTER:CON XKRX:012330 XTER:KBX
Traded in Other Exchanges
N/A
Address
No. 8, Dougong 9th Road, Yunlin County, Douliu City, TWN, 64069
Website
http://www.tdtech.com.tw
Tan De Tech Co Ltd designs and manufactures vehicle parts. The firm produces car light guide plates, automotive LED headlights, light guide modules, LMT light distribution instruments, Side entry light guide, and signal lamp module.

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