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Prime Electronics &tellitics (TPE:6152) Change In Receivables : NT$174 Mil (TTM As of Mar. 2024)


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What is Prime Electronics &tellitics Change In Receivables?

Prime Electronics &tellitics's change in receivables for the quarter that ended in Mar. 2024 was NT$-92 Mil. It means Prime Electronics &tellitics's Accounts Receivable increased by NT$92 Mil from Dec. 2023 to Mar. 2024 .

Prime Electronics &tellitics's change in receivables for the fiscal year that ended in Dec. 2023 was NT$609 Mil. It means Prime Electronics &tellitics's Accounts Receivable declined by NT$609 Mil from Dec. 2022 to Dec. 2023 .

Prime Electronics &tellitics's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$483 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. Prime Electronics &tellitics's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Prime Electronics &tellitics's liquidation value for the three months ended in Mar. 2024 was NT$168 Mil.


Prime Electronics &tellitics Change In Receivables Historical Data

The historical data trend for Prime Electronics &tellitics'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.

Prime Electronics &tellitics Change In Receivables Chart

Prime Electronics &tellitics 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 398.39 3.45 30.42 111.07 608.61

Prime Electronics &tellitics 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 342.86 53.48 92.38 119.89 -92.03

Prime Electronics &tellitics 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$174 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.


Prime Electronics &tellitics  (TPE:6152) 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.

Prime Electronics &tellitics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=483.27/351.571*91
=125.43

2. In Ben Graham's calculation of liquidation value, Prime Electronics &tellitics's accounts receivable are only considered to be worth 75% of book value:

Prime Electronics &tellitics'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)
=781.843-1351.808+0.75 * 483.27+0.5 * 750.112
=168

* 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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Prime Electronics &tellitics (TPE:6152) Business Description

Traded in Other Exchanges
N/A
Address
69 Tung-Yuan Rd., Chung-Li Industrial Park, Chung-Li City, TWN, 32063
Prime Electronics & Satellitics Inc is a Taiwan-based company engaged in developing and manufacturing advanced digital satellite communication and wireless consumer electronic products, such as wired and wireless equipment as well as telecom control RF equipment.

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