Hiyes International Co (TPE:2348) Change In Receivables : NT$-273 Mil (TTM As of Mar. 2024)

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What is Hiyes International Co Change In Receivables?

Hiyes International Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-91 Mil. It means Hiyes International Co's Accounts Receivable increased by NT$91 Mil from Dec. 2023 to Mar. 2024 .

Hiyes International Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$145 Mil. It means Hiyes International Co's Accounts Receivable declined by NT$145 Mil from Dec. 2022 to Dec. 2023 .

Hiyes International Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,239 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. Hiyes International Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hiyes International Co's liquidation value for the three months ended in Mar. 2024 was NT$-8,903 Mil.

Hiyes International Co Change In Receivables Historical Data

The historical data trend for Hiyes International 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.

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Hiyes International Co Change In Receivables Chart

Hiyes International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-583.80

-772.24

-973.61

-595.66

145.38

Hiyes International 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															327.13	-317.81	16.13	119.93	-91.05

Hiyes International 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$-273 Mil.

Hiyes International Co (TPE:2348) 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.

Hiyes International 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
=	1238.509	/	2279.6	*	91
=	49.58

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

Hiyes International 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)
=	5051.079	-	21682.477	+	0.75 * 1238.509	+	0.5 * 13599.594
=	-8,903

Hiyes International Co Change In Receivables Related Terms

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Hiyes International Co (TPE:2348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hiyes International Co Ltd (TPE:2348) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN

Website

https://www.hiyes-group.com.tw

Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses. The company is also engaged in research and development, manufacture, and sale of optical readers and related components, multimedia products, personal computers and peripherals, telecommunication products, and digital cameras, as well as import and export trading of items relevant to the Company's business.

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