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Taiwan Glass Ind (TPE:1802) Change In Receivables : NT$373 Mil (TTM As of Mar. 2024)


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What is Taiwan Glass Ind Change In Receivables?

Taiwan Glass Ind's change in receivables for the quarter that ended in Mar. 2024 was NT$750 Mil. It means Taiwan Glass Ind's Accounts Receivable declined by NT$750 Mil from Dec. 2023 to Mar. 2024 .

Taiwan Glass Ind's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-527 Mil. It means Taiwan Glass Ind's Accounts Receivable increased by NT$527 Mil from Dec. 2022 to Dec. 2023 .

Taiwan Glass Ind's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$3,965 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. Taiwan Glass Ind's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Taiwan Glass Ind's liquidation value for the three months ended in Mar. 2024 was NT$-19,280 Mil.


Taiwan Glass Ind Change In Receivables Historical Data

The historical data trend for Taiwan Glass Ind'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.

Taiwan Glass Ind Change In Receivables Chart

Taiwan Glass Ind 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 -3,391.60 -3,073.77 -927.17 3,264.36 -526.51

Taiwan Glass Ind 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 -149.36 -387.52 -1,061.79 1,072.17 750.32

Taiwan Glass Ind 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$373 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.


Taiwan Glass Ind  (TPE:1802) 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.

Taiwan Glass Ind's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3965.284/9865.814*91
=36.68

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

Taiwan Glass Ind'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)
=11885.833-40622.593+0.75 * 3965.284+0.5 * 12965.333
=-19,280

* 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.


Taiwan Glass Ind Change In Receivables Related Terms

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Taiwan Glass Ind (TPE:1802) Business Description

Traded in Other Exchanges
N/A
Address
No. 261, Nanjing East Road, 11th Floor, Section 3, Taiwan Glass Building, Songshan District, Taipei, TWN, 105-405
Taiwan Glass Ind Corp manufactures and sells a variety of glass products. It operates plants that create and mold glass into glass panes, fiberglass, bottles, and jars, based on specific customer needs. The firm's product categories include flat glass, fiberglass, as well as container, tableware, and kitchenware. The flat glass products are sold to the construction and automobile industries and are used for windows and mirrors. The container, tableware, and kitchenware products are sold to the food, beverage, and pharmaceutical industries.

Taiwan Glass Ind (TPE:1802) Headlines

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