GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercuries Life Insurance Co Ltd (TPE:2867) » Definitions » Change In Receivables

Mercuries Life Insurance Co (TPE:2867) Change In Receivables : NT$-4,673 Mil (TTM As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Mercuries Life Insurance Co Change In Receivables?

Mercuries Life Insurance Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-5,791 Mil. It means Mercuries Life Insurance Co's Accounts Receivable increased by NT$5,791 Mil from Dec. 2023 to Mar. 2024 .

Mercuries Life Insurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-1,255 Mil. It means Mercuries Life Insurance Co's Accounts Receivable increased by NT$1,255 Mil from Dec. 2022 to Dec. 2023 .

Mercuries Life Insurance Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,415 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. Mercuries Life Insurance Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mercuries Life Insurance Co's liquidation value for the three months ended in Mar. 2024 was NT$-1,485,131 Mil.


Mercuries Life Insurance Co Change In Receivables Historical Data

The historical data trend for Mercuries Life Insurance 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.

* Premium members only.

Mercuries Life Insurance Co Change In Receivables Chart

Mercuries Life Insurance Co 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 1,672.66 483.39 -3,877.28 3,011.87 -1,255.25

Mercuries Life Insurance 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 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 -2,372.45 -20.06 -1,000.38 2,137.64 -5,790.68

Mercuries Life Insurance 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$-4,673 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.


Mercuries Life Insurance Co  (TPE:2867) 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.

Mercuries Life Insurance 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
=1414.811/40144.88*91
=3.22

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

Mercuries Life Insurance 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)
=40671.363-1526863.763+0.75 * 1414.811+0.5 * 0
=-1,485,131

* 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.


Mercuries Life Insurance Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Mercuries Life Insurance Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercuries Life Insurance Co (TPE:2867) Business Description

Traded in Other Exchanges
N/A
Address
Shitan Road, 1st Floor, No. 58, Neihu District, Taipei, TWN, 114
Mercuries Life Insurance Co Ltd is a Taiwanese financial services company. Its product portfolio contains life insurance, health insurance, accident insurance, annuities, group insurance, and investment-linked products. Mercuries Life Insurance operations are mainly local. The company has also been developing its insurance services in overseas markets.

Mercuries Life Insurance Co (TPE:2867) Headlines

No Headlines