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Weikeng Industrial Co (TPE:3033) Change In Receivables : NT$-2,671 Mil (TTM As of Mar. 2024)


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What is Weikeng Industrial Co Change In Receivables?

Weikeng Industrial Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-1,164 Mil. It means Weikeng Industrial Co's Accounts Receivable increased by NT$1,164 Mil from Dec. 2023 to Mar. 2024 .

Weikeng Industrial Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-813 Mil. It means Weikeng Industrial Co's Accounts Receivable increased by NT$813 Mil from Dec. 2022 to Dec. 2023 .

Weikeng Industrial Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$14,622 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. Weikeng Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Weikeng Industrial Co's liquidation value for the three months ended in Mar. 2024 was NT$-6,961 Mil.


Weikeng Industrial Co Change In Receivables Historical Data

The historical data trend for Weikeng Industrial 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.

Weikeng Industrial Co Change In Receivables Chart

Weikeng Industrial 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 182.67 -2,123.79 -2,323.85 714.29 -812.79

Weikeng Industrial 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 694.42 -1,071.55 -610.02 174.37 -1,163.67

Weikeng Industrial 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$-2,671 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.


Weikeng Industrial Co  (TPE:3033) 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.

Weikeng Industrial 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
=14622.031/18444.276*91
=72.34

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

Weikeng Industrial 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)
=2405.375-30311.504+0.75 * 14622.031+0.5 * 19956.464
=-6,961

* 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.


Weikeng Industrial Co Change In Receivables Related Terms

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Weikeng Industrial Co (TPE:3033) Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Neihu Road, 11th Floor, Section 1, Neihu District, Taipei, TWN, 114
Weikeng Industrial Co Ltd is mainly engaged in the distribution of various semiconductor electronic components, information access products, and the provision of technical services. Its product solution includes Data Center; IoT Application; Automotive; Networking; Industrial and Consumer. Geographically, it derives a majority of its revenue from China.

Weikeng Industrial Co (TPE:3033) Headlines

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