Test Rite International Co (TPE:2908) Change In Receivables : NT$-501 Mil (TTM As of Mar. 2025)

View and export this data going back to 1993. Start your Free Trial

What is Test Rite International Co Change In Receivables?

Test Rite International Co's change in receivables for the quarter that ended in Mar. 2025 was NT$-580 Mil. It means Test Rite International Co's Accounts Receivable increased by NT$580 Mil from Dec. 2024 to Mar. 2025 .

Test Rite International Co's change in receivables for the fiscal year that ended in Dec. 2024 was NT$-800 Mil. It means Test Rite International Co's Accounts Receivable increased by NT$800 Mil from Dec. 2023 to Dec. 2024 .

Test Rite International Co's Accounts Receivable for the quarter that ended in Mar. 2025 was NT$6,973 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. Test Rite International Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 74.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Test Rite International Co's liquidation value for the three months ended in Mar. 2025 was NT$-17,784 Mil.

Test Rite International Co Change In Receivables Historical Data

The historical data trend for Test Rite International 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.

Test Rite International Co Change In Receivables Chart

Test Rite International Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

Get a 7-Day Free Trial

-1,455.89

-602.60

1,006.97

-1,694.45

-799.78

Test Rite International Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															-878.08	-733.32	-22.94	834.56	-579.53

Test Rite International 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-501 Mil.

Test Rite International Co (TPE:2908) 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.

Test Rite International Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6972.631	/	8556.712	*	91
=	74.36

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

Test Rite International Co's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3058.182	-	29002.368	+	0.75 * 6972.631	+	0.5 * 5861.921
=	-17,784

Test Rite International Co Change In Receivables Related Terms

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

Test Rite International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Test Rite International Co Ltd (TPE:2908) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23, Hsin Hu 3rd Road, 6th Floor, Nai Hu District, Taipei, TWN, 114

Website

https://www.testritegroup.com

Test Rite International Co Ltd is a Taiwan-based company that is principally engaged in trading business and retail business. The trading business consists of the import and export of household goods and licensing business, such as DIY hand tools, furniture, electrical appliances, and other household items, and this segment provides products for retailers in a worldwide, like Wal-Mart, Sam's Club, Target, Staples, Office Depot, and Carrefour. The retail business in Taiwan and mainland China refers to the sale and marketing of household items and services directly to consumers. The company also conducts product design, packaging design, as well as logistics and warehousing services. The trading business and retail business jointly account for the majority of the company's total revenue.

Test Rite International Co Headlines

No Headlines