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Chun Yuan Steel Industry Co (TPE:2010) Change In Receivables : NT$-776 Mil (TTM As of Mar. 2024)


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What is Chun Yuan Steel Industry Co Change In Receivables?

Chun Yuan Steel Industry Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-537 Mil. It means Chun Yuan Steel Industry Co's Accounts Receivable increased by NT$537 Mil from Dec. 2023 to Mar. 2024 .

Chun Yuan Steel Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$80 Mil. It means Chun Yuan Steel Industry Co's Accounts Receivable declined by NT$80 Mil from Dec. 2022 to Dec. 2023 .

Chun Yuan Steel Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$4,018 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. Chun Yuan Steel Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 70.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chun Yuan Steel Industry Co's liquidation value for the three months ended in Mar. 2024 was NT$-3,777 Mil.


Chun Yuan Steel Industry Co Change In Receivables Historical Data

The historical data trend for Chun Yuan Steel Industry 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.

Chun Yuan Steel Industry Co Change In Receivables Chart

Chun Yuan Steel Industry 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 129.27 -382.24 -2,205.77 836.42 79.88

Chun Yuan Steel Industry 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 319.37 -200.49 -448.39 409.39 -536.85

Chun Yuan Steel Industry 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$-776 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.


Chun Yuan Steel Industry Co  (TPE:2010) 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.

Chun Yuan Steel Industry 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
=4017.911/5231.503*91
=70.08

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

Chun Yuan Steel Industry 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)
=915.49-9725.462+0.75 * 4017.911+0.5 * 4038.564
=-3,777

* 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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Chun Yuan Steel Industry Co (TPE:2010) Business Description

Traded in Other Exchanges
N/A
Address
No. 502, Fuxing North Road, 7th Floor, Zhongshan District, Taipei, TWN
Chun Yuan Steel Industry Co Ltd manufactures steel products. The company engaged in the manufacturing, processing and trading of steel plates, silicon steel sheets, container parts, special steel materials, H-beam steel and undertaking of steel structure constructions, etc. Geographically, it derives a majority of revenue from the Taiwan market.

Chun Yuan Steel Industry Co (TPE:2010) Headlines

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