U-Ming Marine Transport (TPE:2606) Change In Receivables : NT$-168 Mil (TTM As of Mar. 2024)

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What is U-Ming Marine Transport Change In Receivables?

U-Ming Marine Transport's change in receivables for the quarter that ended in Mar. 2024 was NT$-80 Mil. It means U-Ming Marine Transport's Accounts Receivable increased by NT$80 Mil from Dec. 2023 to Mar. 2024 .

U-Ming Marine Transport's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-40 Mil. It means U-Ming Marine Transport's Accounts Receivable increased by NT$40 Mil from Dec. 2022 to Dec. 2023 .

U-Ming Marine Transport's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,009 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. U-Ming Marine Transport's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. U-Ming Marine Transport's liquidation value for the three months ended in Mar. 2024 was NT$-20,826 Mil.

U-Ming Marine Transport Change In Receivables Historical Data

The historical data trend for U-Ming Marine Transport'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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U-Ming Marine Transport Change In Receivables Chart

U-Ming Marine Transport Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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140.74

-73.10

-231.72

-369.38

-39.83

U-Ming Marine Transport 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															48.53	10.02	102.00	-200.38	-79.99

U-Ming Marine Transport 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$-168 Mil.

U-Ming Marine Transport (TPE:2606) 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.

U-Ming Marine Transport's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1008.562	/	3845.246	*	91
=	23.93

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

U-Ming Marine Transport'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)
=	24932.652	-	46857.412	+	0.75 * 1008.562	+	0.5 * 684.414
=	-20,826

U-Ming Marine Transport Change In Receivables Related Terms

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U-Ming Marine Transport (TPE:2606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » U-Ming Marine Transport Corp (TPE:2606) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 207, Section 2, Tun Hwa South Road, 29th Floor, Taipei, TWN, 106

Website

http://www.uming.com.tw

U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.

U-Ming Marine Transport (TPE:2606) Headlines

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