GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IOVTEC Co Ltd (ROCO:7583) » Definitions » Change In Receivables

IOVTEC Co (ROCO:7583) Change In Receivables : NT$33 Mil (TTM As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is IOVTEC Co Change In Receivables?

IOVTEC Co's change in receivables for the quarter that ended in Dec. 2024 was NT$172 Mil. It means IOVTEC Co's Accounts Receivable declined by NT$172 Mil from Jun. 2024 to Dec. 2024 .

IOVTEC Co's change in receivables for the fiscal year that ended in Dec. 2024 was NT$33 Mil. It means IOVTEC Co's Accounts Receivable declined by NT$33 Mil from Dec. 2023 to Dec. 2024 .

IOVTEC Co's Accounts Receivable for the quarter that ended in Dec. 2024 was NT$117 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. IOVTEC Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 42.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IOVTEC Co's liquidation value for the six months ended in Dec. 2024 was NT$-266 Mil.

IOVTEC Co Change In Receivables Historical Data

The historical data trend for IOVTEC 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.

IOVTEC Co Change In Receivables Chart

IOVTEC Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Change In Receivables
-38.00 78.68 200.39 32.66

IOVTEC Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Receivables Get a 7-Day Free Trial 72.76 45.56 154.83 -138.88 171.53

IOVTEC 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$33 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.

IOVTEC Co  (ROCO:7583) 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.

IOVTEC 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
=117.075/502.651*91
=42.51

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

IOVTEC 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)
=412.445-772.483+0.75 * 117.075+0.5 * 11.849
=-266

* 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.

IOVTEC Co Change In Receivables Related Terms

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

IOVTEC Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IOVTEC Co Ltd (ROCO:7583) » Definitions » Change In Receivables
Comparable Companies
ROCO:6750 TPE:7631 ROCO:5548 TPE:3018 TPE:3052 ROCO:7590 ROCO:6179 ROCO:4550 ROCO:3313 ROCO:5547 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME HKSE:01800 SHSE:601390 XPAR:EN XMAD:ACS
Traded in Other Exchanges
N/A
Address
No. 89, Section 5, Nanjing East Road, 9th Floor, Songshan District, Taipei, TWN, 105409
Website
https://www.iog-tw.com
IOVTEC Co Ltd formerly International Ocean Vessel Technical Consuitant Co Ltd is a Taiwan based company operating offering integrated services across multiple sectors. It is a local survey company that steps into the offshore wind market in Taiwan to provide integrated offshore wind services for the country's landmark projects. The company provides the services in following areas such as Marine services and Land services. Marine services include Site Appraisal and Concept Design, Foundation Design and UXO Risk Mitigation. Land services include Track Twin, Vegetation Control and Site characterization.

IOVTEC Co Headlines

No Headlines