Hua Eng Wire & Cable Co (TPE:1608) Change In Receivables : NT$183 Mil (TTM As of Sep. 2024)

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What is Hua Eng Wire & Cable Co Change In Receivables?

Hua Eng Wire & Cable Co's change in receivables for the quarter that ended in Sep. 2024 was NT$236 Mil. It means Hua Eng Wire & Cable Co's Accounts Receivable declined by NT$236 Mil from Jun. 2024 to Sep. 2024 .

Hua Eng Wire & Cable Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$42 Mil. It means Hua Eng Wire & Cable Co's Accounts Receivable declined by NT$42 Mil from Dec. 2022 to Dec. 2023 .

Hua Eng Wire & Cable Co's Accounts Receivable for the quarter that ended in Sep. 2024 was NT$1,628 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. Hua Eng Wire & Cable Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 51.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hua Eng Wire & Cable Co's liquidation value for the three months ended in Sep. 2024 was NT$-281 Mil.

Hua Eng Wire & Cable Co Change In Receivables Historical Data

The historical data trend for Hua Eng Wire & Cable 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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Hua Eng Wire & Cable Co Change In Receivables Chart

Hua Eng Wire & Cable Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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129.65

42.42

-697.23

-128.86

42.23

Hua Eng Wire & Cable Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-352.62	134.43	110.11	-297.39	235.60

Hua Eng Wire & Cable 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$183 Mil.

Hua Eng Wire & Cable Co (TPE:1608) 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.

Hua Eng Wire & Cable Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1628.307	/	2874.46	*	91
=	51.69

2. In Ben Graham's calculation of liquidation value, Hua Eng Wire & Cable Co's accounts receivable are only considered to be worth 75% of book value:

Hua Eng Wire & Cable Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1408.967	-	5008.084	+	0.75 * 1628.307	+	0.5 * 4193.701
=	-281

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Hua Eng Wire & Cable Co Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hua Eng Wire & Cable Co Ltd (TPE:1608) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 170, Chung Cheng 4th Road, Kaohsiung, TWN

Website

https://www.hegroup.com.tw

Hua Eng Wire & Cable Co Ltd is engaged in the processing, manufacture, sale and construction of wire, cable and copper products. The Company operates through three segments: Wire, Cable, and Copper. The Wire segment is responsible for producing oxygen-free copper wire and related products. The Cable segment, on the other hand, focuses on producing power cables, communication cables, and optical fiber cables. The company's other reportable segments are mainly involved in project contracting and material trading. The Cable segment generates the majority of the company's revenue. Geographically the company generates revenue from Taiwan, which contributes major revenue, Mainland China, and Others.

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