CUB Elecparts (TPE:2231) Change In Receivables : NT$-720 Mil (TTM As of Mar. 2024)

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What is CUB Elecparts Change In Receivables?

CUB Elecparts's change in receivables for the quarter that ended in Mar. 2024 was NT$93 Mil. It means CUB Elecparts's Accounts Receivable declined by NT$93 Mil from Dec. 2023 to Mar. 2024 .

CUB Elecparts's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-1,085 Mil. It means CUB Elecparts's Accounts Receivable increased by NT$1,085 Mil from Dec. 2022 to Dec. 2023 .

CUB Elecparts's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,398 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. CUB Elecparts's Days Sales Outstanding for the three months ended in Mar. 2024 was 120.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CUB Elecparts's liquidation value for the three months ended in Mar. 2024 was NT$-1,803 Mil.

CUB Elecparts Change In Receivables Historical Data

The historical data trend for CUB Elecparts'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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CUB Elecparts Change In Receivables Chart

CUB Elecparts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-161.08

-128.38

-117.47

397.53

-1,084.54

CUB Elecparts 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															-271.53	-405.93	-270.25	-136.82	93.11

CUB Elecparts 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$-720 Mil.

CUB Elecparts (TPE:2231) 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.

CUB Elecparts's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1397.963	/	1062.643	*	91
=	120.04

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

CUB Elecparts'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)
=	1762.979	-	5198.905	+	0.75 * 1397.963	+	0.5 * 1168.17
=	-1,803

CUB Elecparts Change In Receivables Related Terms

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CUB Elecparts (TPE:2231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CUB Elecparts Inc (TPE:2231) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No.6, Lane 546, Sec. 6, Zhanglu Road, Fuhsin Township, Changhua, TWN

Website

https://www.cubelec.com.tw

CUB Elecparts Inc is a manufacturer of basic electrical switches. Its products are used in the original equipment manufacturer industry and the aftermarket. Its products include ignition switches, turn signal switches, headlight switches, power window switches, tire pressure monitoring systems, speed sensors, camshaft sensors, and crankshaft sensors. Its geographical segments include China, Taiwan, the United States, Germany, and other countries.

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