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Fusheng Precision Co (TPE:6670) Change In Receivables : NT$901 Mil (TTM As of Mar. 2024)


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What is Fusheng Precision Co Change In Receivables?

Fusheng Precision Co's change in receivables for the quarter that ended in Mar. 2024 was NT$743 Mil. It means Fusheng Precision Co's Accounts Receivable declined by NT$743 Mil from Dec. 2023 to Mar. 2024 .

Fusheng Precision Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$1,155 Mil. It means Fusheng Precision Co's Accounts Receivable declined by NT$1,155 Mil from Dec. 2022 to Dec. 2023 .

Fusheng Precision Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$3,700 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. Fusheng Precision Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fusheng Precision Co's liquidation value for the three months ended in Mar. 2024 was NT$3,974 Mil.


Fusheng Precision Co Change In Receivables Historical Data

The historical data trend for Fusheng Precision 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.

Fusheng Precision Co Change In Receivables Chart

Fusheng Precision 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 -275.57 -394.86 -274.08 -1,666.48 1,154.71

Fusheng Precision 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 996.73 1,788.13 -214.26 -1,415.89 742.79

Fusheng Precision 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$901 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.


Fusheng Precision Co  (TPE:6670) 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.

Fusheng Precision 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
=3700.432/6369.633*91
=53.01

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

Fusheng Precision 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)
=6627.661-6738.511+0.75 * 3700.432+0.5 * 2618.8
=3,974

* 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.


Fusheng Precision Co Change In Receivables Related Terms

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Fusheng Precision Co (TPE:6670) Business Description

Traded in Other Exchanges
N/A
Address
No. 172, Section 2, Nanjing East Road, 3rd Floor, Zhongshan District, Taipei, TWN
Fusheng Precision Co Ltd is engaged in the business of exporting high-quality golf club heads, carbon fiber golf shafts, golf club assembled sets, baseball, and softball bats, and industrial precision parts. Its business segments include Golf Business and Sports Equipment Business. Also, the company provides aerospace and automotive precision parts.

Fusheng Precision Co (TPE:6670) Headlines

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