Grand Pacific Petrochemical (TPE:1312) Change In Receivables : NT$727 Mil (TTM As of Mar. 2024)

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What is Grand Pacific Petrochemical Change In Receivables?

Grand Pacific Petrochemical's change in receivables for the quarter that ended in Mar. 2024 was NT$265 Mil. It means Grand Pacific Petrochemical's Accounts Receivable declined by NT$265 Mil from Dec. 2023 to Mar. 2024 .

Grand Pacific Petrochemical's change in receivables for the fiscal year that ended in Dec. 2023 was NT$214 Mil. It means Grand Pacific Petrochemical's Accounts Receivable declined by NT$214 Mil from Dec. 2022 to Dec. 2023 .

Grand Pacific Petrochemical's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,107 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. Grand Pacific Petrochemical's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grand Pacific Petrochemical's liquidation value for the three months ended in Mar. 2024 was NT$-14,823 Mil.

Grand Pacific Petrochemical Change In Receivables Historical Data

The historical data trend for Grand Pacific Petrochemical'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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Grand Pacific Petrochemical Change In Receivables Chart

Grand Pacific Petrochemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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623.00

-117.10

16.97

652.51

213.55

Grand Pacific Petrochemical Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-248.45	534.47	-245.04	172.56	265.19

Grand Pacific Petrochemical 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$727 Mil.

Grand Pacific Petrochemical (TPE:1312) 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.

Grand Pacific Petrochemical's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1107.478	/	3255.223	*	91
=	31.04

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

Grand Pacific Petrochemical's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	9306.043	-	26326.686	+	0.75 * 1107.478	+	0.5 * 2734.573
=	-14,823

Grand Pacific Petrochemical Change In Receivables Related Terms

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Grand Pacific Petrochemical (TPE:1312) Business Description

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1312A:Taiwan

Address

No. 4, Xinggong Road, Dashe District, Kaohsiung City, TWN, 81567

Website

https://www.gppc.com.tw

Grand Pacific Petrochemical Corp manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm makes its products from petroleum. The company sells polystyrene resins, which are used in the production of rubber and plastics, including food containers and plastic credit cards. It also sells thermoplastic resins, which are used to produce automobile interior parts, luggage, computer monitors, modems, and scanners. The company also sells styrene-acrylonitrile resins, which are used to produce battery components, disposable lighters, electric fan blades, and air conditioner parts.

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