Yang Ming Marine Transport (TPE:2609) Change In Receivables : NT$4,687 Mil (TTM As of Dec. 2023)

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What is Yang Ming Marine Transport Change In Receivables?

Yang Ming Marine Transport's change in receivables for the quarter that ended in Dec. 2023 was NT$1,920 Mil. It means Yang Ming Marine Transport's Accounts Receivable declined by NT$1,920 Mil from Sep. 2023 to Dec. 2023 .

Yang Ming Marine Transport's change in receivables for the fiscal year that ended in Dec. 2023 was NT$4,687 Mil. It means Yang Ming Marine Transport's Accounts Receivable declined by NT$4,687 Mil from Dec. 2022 to Dec. 2023 .

Yang Ming Marine Transport's Accounts Receivable for the quarter that ended in Dec. 2023 was NT$6,365 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. Yang Ming Marine Transport's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Yang Ming Marine Transport's liquidation value for the three months ended in Dec. 2023 was NT$77,357 Mil.

Yang Ming Marine Transport Change In Receivables Historical Data

The historical data trend for Yang 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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Yang Ming Marine Transport Change In Receivables Chart

Yang Ming Marine Transport Annual Data

Trend

Dec14

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Dec20

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Dec23

Change In Receivables

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-1,722.05

-2,194.24

-13,579.93

15,583.92

4,686.95

Yang Ming Marine Transport Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															12,029.03	2,866.20	-980.51	881.49	1,919.77

Yang 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$4,687 Mil.

Yang Ming Marine Transport (TPE:2609) 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.

Yang Ming Marine Transport's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6364.945	/	32722.789	*	91
=	17.75

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

Yang Ming Marine Transport's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	185225.062	-	114909.344	+	0.75 * 6364.945	+	0.5 * 4535.017
=	77,357

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Yang Ming Marine Transport (TPE:2609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Yang Ming Marine Transport Corp (TPE:2609) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 271, Ming De 1st Road, Qidu District, Keelung, TWN, 206

Website

https://www.yangming.com

Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. The company has three segments: containership, bulk shipping, and others. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the largest portion of its sales from customers in America, followed by Europe and Asia.

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