Tong Yang Industry Co (TPE:1319) Change In Receivables : NT$24 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Tong Yang Industry Co Change In Receivables?

Tong Yang Industry Co's change in receivables for the quarter that ended in Mar. 2024 was NT$304 Mil. It means Tong Yang Industry Co's Accounts Receivable declined by NT$304 Mil from Dec. 2023 to Mar. 2024 .

Tong Yang Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-907 Mil. It means Tong Yang Industry Co's Accounts Receivable increased by NT$907 Mil from Dec. 2022 to Dec. 2023 .

Tong Yang Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$4,215 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. Tong Yang Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 62.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tong Yang Industry Co's liquidation value for the three months ended in Mar. 2024 was NT$1,130 Mil.

Tong Yang Industry Co Change In Receivables Historical Data

The historical data trend for Tong Yang Industry 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.

Tong Yang Industry Co Change In Receivables Chart

Tong Yang Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-157.49

1,062.24

-181.16

-412.97

-906.94

Tong Yang Industry Co 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															-626.58	320.05	-563.53	-36.87	304.25

Tong Yang Industry 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$24 Mil.

Tong Yang Industry Co (TPE:1319) 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.

Tong Yang Industry Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4215.339	/	6174.172	*	91
=	62.30

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

Tong Yang Industry Co'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)
=	5443.602	-	8918.743	+	0.75 * 4215.339	+	0.5 * 2887.42
=	1,130

Tong Yang Industry Co Change In Receivables Related Terms

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

Tong Yang Industry Co (TPE:1319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tong Yang Industry Co Ltd (TPE:1319) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anhe Road, No. 98, Section 2, Tainan, TWN, 709

Website

https://www.tyg.com.tw

Tong Yang Industry Co Ltd is engaged in manufacture and sale of parts, components and models for automobile. The reportable segments of the company are as follows: 1) Assembly Market segment is responsible for the required automobile parts of the car market of production and sales group. 2) Maintenance Market segment is responsible for the production and sales of after-sales maintenance services market automobile parts.

Tong Yang Industry Co (TPE:1319) Headlines

No Headlines