GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shihlin Electric & Engineering Corp (TPE:1503) » Definitions » Change In Receivables

Shihlin Electric & Engineering (TPE:1503) Change In Receivables : NT$-350 Mil (TTM As of Mar. 2024)


View and export this data going back to 1969. Start your Free Trial

What is Shihlin Electric & Engineering Change In Receivables?

Shihlin Electric & Engineering's change in receivables for the quarter that ended in Mar. 2024 was NT$-1,460 Mil. It means Shihlin Electric & Engineering's Accounts Receivable increased by NT$1,460 Mil from Dec. 2023 to Mar. 2024 .

Shihlin Electric & Engineering's change in receivables for the fiscal year that ended in Dec. 2023 was NT$756 Mil. It means Shihlin Electric & Engineering's Accounts Receivable declined by NT$756 Mil from Dec. 2022 to Dec. 2023 .

Shihlin Electric & Engineering's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$7,741 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. Shihlin Electric & Engineering's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shihlin Electric & Engineering's liquidation value for the three months ended in Mar. 2024 was NT$-6,932 Mil.


Shihlin Electric & Engineering Change In Receivables Historical Data

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Change In Receivables Chart

Shihlin Electric & Engineering 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 -301.91 -747.55 387.19 -1,111.84 755.59

Shihlin Electric & Engineering 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 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 -354.82 1,000.37 -33.39 143.43 -1,459.96

Shihlin Electric & Engineering 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$-350 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.


Shihlin Electric & Engineering  (TPE:1503) 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.

Shihlin Electric & Engineering's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7741.183/9917.947*91
=71.22

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

Shihlin Electric & Engineering'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)
=2936.389-19751.637+0.75 * 7741.183+0.5 * 8155.155
=-6,932

* 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.


Shihlin Electric & Engineering Change In Receivables Related Terms

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


Shihlin Electric & Engineering (TPE:1503) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is a Taiwan-based company The Group is engaged in the manufacture of heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts The company's product portfolio is categorized into five groups: automobile equipment systems, breaker switchgear and systems, heavy electric systems, and factory automation and system engineering products. The company operates production facilities in Taiwan, mainland China, and Vietnam.

Shihlin Electric & Engineering (TPE:1503) Headlines

No Headlines