SinoPac Financial Holdings Co (TPE:2890) Change In Receivables : NT$-55,891 Mil (TTM As of Jun. 2024)

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What is SinoPac Financial Holdings Co Change In Receivables?

SinoPac Financial Holdings Co's change in receivables for the quarter that ended in Jun. 2024 was NT$-22,135 Mil. It means SinoPac Financial Holdings Co's Accounts Receivable increased by NT$22,135 Mil from Mar. 2024 to Jun. 2024 .

SinoPac Financial Holdings Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-37,532 Mil. It means SinoPac Financial Holdings Co's Accounts Receivable increased by NT$37,532 Mil from Dec. 2022 to Dec. 2023 .

SinoPac Financial Holdings Co's Accounts Receivable for the quarter that ended in Jun. 2024 was NT$0 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. SinoPac Financial Holdings Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SinoPac Financial Holdings Co's liquidation value for the three months ended in Jun. 2024 was NT$-2,574,710 Mil.

SinoPac Financial Holdings Co Change In Receivables Historical Data

The historical data trend for SinoPac Financial Holdings 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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SinoPac Financial Holdings Co Change In Receivables Chart

SinoPac Financial Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-223.84

-11,509.52

-19,417.00

22,849.92

-37,531.89

SinoPac Financial Holdings Co 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															-16,501.16	-9,003.68	-5,451.70	-19,300.68	-22,135.12

SinoPac Financial Holdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-55,891 Mil.

SinoPac Financial Holdings Co (TPE:2890) 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.

SinoPac Financial Holdings Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	15887.731	*	91
=	0.00

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

SinoPac Financial Holdings Co'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)
=	185572.821	-	2760283.162	+	0.75 * 0	+	0.5 * 0
=	-2,574,710

SinoPac Financial Holdings Co Change In Receivables Related Terms

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SinoPac Financial Holdings Co Business Description

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Address

No. 308, Bade Road, Section 2, 3rd Floor, 5th to 13th Floor and No. 306 and 6th Floor 1, 6th Floor 2, Zhongshan District, Taipei, TWN, 104

Website

https://www.sinopac.com

SinoPac Financial Holdings Co Ltd is a Taiwan-based financial holdings company. The company's business segments consist of the banking business, which includes Bank SinoPac and its subsidiaries, and offers investment, insurance agent, insurance brokerage, and other services; the securities business, which includes SinoPac Securities and its subsidiaries, and offers securities trading, investment consulting, asset management, and other services; and the other business segment, which conducts businesses through a number of other subsidiaries. The company generates its revenue from the banking business. The company has a business presence in Taiwan, the United States, Asia, and other countries, with Taiwan accounting for the majority of its revenue.

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