Tainan Spinning Co (TPE:1440) Change In Receivables : NT$284 Mil (TTM As of Mar. 2024)

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What is Tainan Spinning Co Change In Receivables?

Tainan Spinning Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-380 Mil. It means Tainan Spinning Co's Accounts Receivable increased by NT$380 Mil from Dec. 2023 to Mar. 2024 .

Tainan Spinning Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$149 Mil. It means Tainan Spinning Co's Accounts Receivable declined by NT$149 Mil from Dec. 2022 to Dec. 2023 .

Tainan Spinning Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,528 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. Tainan Spinning Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tainan Spinning Co's liquidation value for the three months ended in Mar. 2024 was NT$-9,044 Mil.

Tainan Spinning Co Change In Receivables Historical Data

The historical data trend for Tainan Spinning 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.

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Tainan Spinning Co Change In Receivables Chart

Tainan Spinning Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-45.71

420.17

-143.36

365.36

149.44

Tainan Spinning 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															-514.30	276.11	107.38	280.25	-379.97

Tainan Spinning 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$284 Mil.

Tainan Spinning Co (TPE:1440) 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.

Tainan Spinning 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
=	1527.916	/	4225.407	*	91
=	33.00

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

Tainan Spinning 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)
=	8288.309	-	21504.838	+	0.75 * 1527.916	+	0.5 * 6053.727
=	-9,044

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Tainan Spinning Co (TPE:1440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tainan Spinning Co Ltd (TPE:1440) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 398, , Zhonghua East Road, 10th Floor, Section 1, East District, Tainan, TWN

Website

https://www.tainanspin.com.tw

Tainan Spinning Co Ltd is a Taiwan-based company that is principally engaged in the manufacturing, processing, and sales of textile products. The company's products include yarn, polyester, polyester filament, pet granules (spinning), pet granules (bottle), processed yarn, and others. The company also operates a real estate business. The company generates the majority of its total revenue from textile products.

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