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Fortune Electric Co (TPE:1519) Change In Receivables : NT$-679 Mil (TTM As of Mar. 2024)


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What is Fortune Electric Co Change In Receivables?

Fortune Electric Co's change in receivables for the quarter that ended in Mar. 2024 was NT$805 Mil. It means Fortune Electric Co's Accounts Receivable declined by NT$805 Mil from Dec. 2023 to Mar. 2024 .

Fortune Electric Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-911 Mil. It means Fortune Electric Co's Accounts Receivable increased by NT$911 Mil from Dec. 2022 to Dec. 2023 .

Fortune Electric Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,795 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. Fortune Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fortune Electric Co's liquidation value for the three months ended in Mar. 2024 was NT$-3,872 Mil.

Fortune Electric Co Change In Receivables Historical Data

The historical data trend for Fortune Electric 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.

Fortune Electric Co Change In Receivables Chart

Fortune Electric 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 -495.06 -217.92 -552.89 315.24 -910.73

Fortune Electric 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 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 572.83 -124.68 -275.48 -1,083.40 804.99

Fortune Electric 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$-679 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.

Fortune Electric Co  (TPE:1519) 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.

Fortune Electric 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
=1795.28/3037.501*91
=53.93

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

Fortune Electric 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)
=3523.364-11979.858+0.75 * 1795.28+0.5 * 6476.935
=-3,872

* 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.

Fortune Electric Co Change In Receivables Related Terms

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Fortune Electric Co (TPE:1519) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fortune Electric Co Ltd (TPE:1519) » Definitions » Change In Receivables
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ROCO:6121 TPE:6781 TPE:1503 TPE:6412 TPE:3665 TPE:6282 TPE:1609 TPE:2457 TPE:3617 TPE:6409 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 SZSE:300124 XPAR:LR SZSE:300274 HUBB XKRX:247540 VRT
Traded in Other Exchanges
N/A
Address
No. 10, Jilin Road, Zhongli District, Taoyuan, TWN, 32063
Website
https://www.fortune.com.tw
Fortune Electric Co Ltd is engaged in manufactures, processes, and trades of transformers, distribution panels, low voltage switches, and substation equipment. The company's operating segment includes Electrical and Mechanical Department and Turnkey Department. It generates maximum revenue from the Electrical and Mechanical department segment. The company's products include cast resin transformer, amorphous metal alloy core transformer, power transformer, distribution transformer, metal-clad switchgear, GIS, switchgear panel, motor control center, gas switch, and transmission and distribution apparatus.

Fortune Electric Co (TPE:1519) Headlines

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