Everspring Industry Co (TPE:2390) Change In Receivables : NT$-18.1 Mil (TTM As of Mar. 2024)

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What is Everspring Industry Co Change In Receivables?

Everspring Industry Co's change in receivables for the quarter that ended in Mar. 2024 was NT$4.6 Mil. It means Everspring Industry Co's Accounts Receivable declined by NT$4.6 Mil from Dec. 2023 to Mar. 2024 .

Everspring Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-34.1 Mil. It means Everspring Industry Co's Accounts Receivable increased by NT$34.1 Mil from Dec. 2022 to Dec. 2023 .

Everspring Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$97.1 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. Everspring Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Everspring Industry Co's liquidation value for the three months ended in Mar. 2024 was NT$1,004.7 Mil.

Everspring Industry Co Change In Receivables Historical Data

The historical data trend for Everspring 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.

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Everspring Industry Co Change In Receivables Chart

Everspring Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.01

22.99

-31.82

18.22

-34.09

Everspring 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															-11.42	5.94	-13.28	-15.32	4.61

Everspring 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$-18.1 Mil.

Everspring Industry Co (TPE:2390) 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.

Everspring 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
=	97.118	/	156.84	*	91
=	56.50

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

Everspring 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)
=	1034.604	-	397.631	+	0.75 * 97.118	+	0.5 * 589.707
=	1,004.7

Everspring Industry Co Change In Receivables Related Terms

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Everspring Industry Co (TPE:2390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Everspring Industry Co Ltd (TPE:2390) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Zhonghua Road, 3rd Floor, No.50, Sec. 1, Tucheng District, New Taipei City, TWN, 23666

Website

https://www.everspring.com

Everspring Industry Co Ltd is a Taiwan-based company engaged in the production of burglar alarms, surveillance devices, home automation appliances, and security lighting. It offers home and building solutions that cover product portfolios such as wireless alarms, solar sirens, chimes, smoke detectors, panic buttons, door contact sensors, flood detectors, dimmer plugs, door and window sensors, and other related products. Its reportable segments of the group are Intelligent security control which generates a majority of the revenue and, Security service segment.

Everspring Industry Co (TPE:2390) Headlines

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