Nankang Rubber Tire (TPE:2101) Change In Receivables : NT$67 Mil (TTM As of Mar. 2025)

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What is Nankang Rubber Tire Change In Receivables?

Nankang Rubber Tire's change in receivables for the quarter that ended in Mar. 2025 was NT$247 Mil. It means Nankang Rubber Tire's Accounts Receivable declined by NT$247 Mil from Dec. 2024 to Mar. 2025 .

Nankang Rubber Tire's change in receivables for the fiscal year that ended in Dec. 2024 was NT$-314 Mil. It means Nankang Rubber Tire's Accounts Receivable increased by NT$314 Mil from Dec. 2023 to Dec. 2024 .

Nankang Rubber Tire's Accounts Receivable for the quarter that ended in Mar. 2025 was NT$1,307 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. Nankang Rubber Tire's Days Sales Outstanding for the three months ended in Mar. 2025 was 57.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nankang Rubber Tire's liquidation value for the three months ended in Mar. 2025 was NT$-14,675 Mil.

Nankang Rubber Tire Change In Receivables Historical Data

The historical data trend for Nankang Rubber Tire'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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Nankang Rubber Tire Change In Receivables Chart

Nankang Rubber Tire Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-603.66

-110.86

621.00

-340.48

-314.29

Nankang Rubber Tire Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															-133.63	-203.60	-745.26	768.20	247.22

Nankang Rubber Tire 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$67 Mil.

Nankang Rubber Tire (TPE:2101) 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.

Nankang Rubber Tire's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1307.332	/	2068.732	*	91
=	57.67

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

Nankang Rubber Tire's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2278.88	-	31298.375	+	0.75 * 1307.332	+	0.5 * 26728.186
=	-14,675

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Nankang Rubber Tire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nankang Rubber Tire Corp Ltd (TPE:2101) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Jen Ai Road, Suite 608, Floor 6, Number. 136, Sec. 3, Taipei, TWN

Website

https://www.nankang-tyre.com

Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Light truck series, Truck/Trailer series, Motorsport, Car series, and others. Its geographical segments are Taiwan, China, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.

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