GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Forward Electronics Co Ltd (ROCO:8085) » Definitions » Change In Receivables

Forward Electronics Co (ROCO:8085) Change In Receivables : NT$73.9 Mil (TTM As of Jun. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Forward Electronics Co Change In Receivables?

Forward Electronics Co's change in receivables for the quarter that ended in Jun. 2024 was NT$13.4 Mil. It means Forward Electronics Co's Accounts Receivable declined by NT$13.4 Mil from Mar. 2024 to Jun. 2024 .

Forward Electronics Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$64.5 Mil. It means Forward Electronics Co's Accounts Receivable declined by NT$64.5 Mil from Dec. 2022 to Dec. 2023 .

Forward Electronics Co's Accounts Receivable for the quarter that ended in Jun. 2024 was NT$198.2 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. Forward Electronics Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 128.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Forward Electronics Co's liquidation value for the three months ended in Jun. 2024 was NT$34.7 Mil.


Forward Electronics Co Change In Receivables Historical Data

The historical data trend for Forward Electronics 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.

Forward Electronics Co Change In Receivables Chart

Forward Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.80 -29.15 -4.28 -22.63 64.47

Forward Electronics Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -14.16 -3.19 62.45 1.16 13.44

Forward Electronics 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 quarterly data reported by the company within the most recent 12 months, which was NT$73.9 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.


Forward Electronics Co  (ROCO:8085) 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.

Forward Electronics 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
=198.174/140.351*91
=128.84

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

Forward Electronics 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)
=1243.354-1397.318+0.75 * 198.174+0.5 * 80.017
=34.7

* 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.


Forward Electronics Co Change In Receivables Related Terms

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


Forward Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Section 3, Zhongshan North Road, Taipei, TWN
Forward Electronics Co Ltd is engaged in the manufacturing, development, and sales of LED packaging and lighting applications, backlight modules, digital TV modules, video boxes, variable resistors, switches, encoders, sensors, Bluetooth mice-headphones, remote controls, card readers, LCD display modules.

Forward Electronics Co Headlines

No Headlines