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Gigastorage (TPE:2406) Change In Receivables : NT$-1,596 Mil (TTM As of Jun. 2024)


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What is Gigastorage Change In Receivables?

Gigastorage's change in receivables for the quarter that ended in Jun. 2024 was NT$-991 Mil. It means Gigastorage's Accounts Receivable increased by NT$991 Mil from Mar. 2024 to Jun. 2024 .

Gigastorage's change in receivables for the fiscal year that ended in Dec. 2023 was NT$790 Mil. It means Gigastorage's Accounts Receivable declined by NT$790 Mil from Dec. 2022 to Dec. 2023 .

Gigastorage's Accounts Receivable for the quarter that ended in Jun. 2024 was NT$1,874 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. Gigastorage's Days Sales Outstanding for the three months ended in Jun. 2024 was 69.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gigastorage's liquidation value for the three months ended in Jun. 2024 was NT$-3,894 Mil.


Gigastorage Change In Receivables Historical Data

The historical data trend for Gigastorage'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.

* Premium members only.

Gigastorage Change In Receivables Chart

Gigastorage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.23 213.18 1,085.76 -135.78 790.13

Gigastorage Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 217.37 120.58 -277.74 -448.17 -990.66

Gigastorage 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,596 Mil.

* 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.


Gigastorage  (TPE:2406) 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.

Gigastorage's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1874.089/2466.464*91
=69.33

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

Gigastorage's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2359.377-8498.154+0.75 * 1874.089+0.5 * 1677.931
=-3,894

* 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.


Gigastorage Change In Receivables Related Terms

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Gigastorage Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Industrial kung yen1st Road, Hsinchu industrial park, Hukou Township, Hsinchu, TWN, 30351
Gigastorage Corp is a Taiwan-based manufacturer of optoelectronic materials and silicon products. Its products include photovoltaic multi-crystalline wafers, photovoltaic ribbons, low temperature die attach pastes, insulation pastes, blood glucose strip conductive pastes and other biotech materials, photovoltaic systems, solar power stations, high efficiency coated milling cutters, and coated drills. A majority of the firm's revenue is generated in the Asia-Pacific region, with the rest coming from countries across the world.

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