CMC Magnetics (TPE:2323) Change In Receivables : NT$-157 Mil (TTM As of Mar. 2024)

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What is CMC Magnetics Change In Receivables?

CMC Magnetics's change in receivables for the quarter that ended in Mar. 2024 was NT$-137 Mil. It means CMC Magnetics's Accounts Receivable increased by NT$137 Mil from Dec. 2023 to Mar. 2024 .

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

CMC Magnetics's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,383 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. CMC Magnetics's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CMC Magnetics's liquidation value for the three months ended in Mar. 2024 was NT$5,707 Mil.

CMC Magnetics Change In Receivables Historical Data

The historical data trend for CMC Magnetics'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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CMC Magnetics Change In Receivables Chart

CMC Magnetics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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397.70

498.31

29.79

358.79

80.04

CMC Magnetics 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															99.93	5.48	-193.30	167.92	-137.44

CMC Magnetics 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$-157 Mil.

CMC Magnetics (TPE:2323) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1382.587	/	1839.877	*	91
=	68.57

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

CMC Magnetics'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)
=	9943.422	-	6651.209	+	0.75 * 1382.587	+	0.5 * 2755.638
=	5,707

CMC Magnetics Change In Receivables Related Terms

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CMC Magnetics (TPE:2323) Business Description

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Address

53, Ming Chuan West Road, 15th Floor, Taipei, TWN

Website

https://www.cmcnet.com.tw

CMC Magnetics Corp is engaged in the manufacturing and sale of consumer electronic products, including optical discs, and the acquisition of film agency rights, and production and distribution of digital discs and Blu-ray discs for sales and rental business. CMC provides optical storage devices like compact discs and digital video discs with additional functionalities that allow a user to record or rewrite data. The company also offers to package for optical storage products, USB storage, alkaline batteries, and flash storage products. Its products include Compact Disc Recordable, Compact Disc Rewritable, Digital Video Disc-Recordable, videotapes, and others. The firm has manufacturing facilities in Taiwan, China, and Hong Kong, and generates revenue from the Americas, Europe, and Asia.

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