Tai Tung Communication Co (TPE:8011) Change In Receivables : NT$-384 Mil (TTM As of Mar. 2024)

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What is Tai Tung Communication Co Change In Receivables?

Tai Tung Communication Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-7 Mil. It means Tai Tung Communication Co's Accounts Receivable increased by NT$7 Mil from Dec. 2023 to Mar. 2024 .

Tai Tung Communication Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-323 Mil. It means Tai Tung Communication Co's Accounts Receivable increased by NT$323 Mil from Dec. 2022 to Dec. 2023 .

Tai Tung Communication Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$160 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. Tai Tung Communication Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tai Tung Communication Co's liquidation value for the three months ended in Mar. 2024 was NT$-160 Mil.

Tai Tung Communication Co Change In Receivables Historical Data

The historical data trend for Tai Tung Communication 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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Tai Tung Communication Co Change In Receivables Chart

Tai Tung Communication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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51.28

18.63

-170.98

102.61

-323.07

Tai Tung Communication 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															53.59	-113.31	-83.49	-179.86	-7.40

Tai Tung Communication 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$-384 Mil.

Tai Tung Communication Co (TPE:8011) 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.

Tai Tung Communication 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
=	159.782	/	313.265	*	91
=	46.54

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

Tai Tung Communication 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)
=	673.444	-	1470.042	+	0.75 * 159.782	+	0.5 * 1032.679
=	-160

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Tai Tung Communication Co (TPE:8011) Business Description

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Address

9th Floor, Number 219, Fuhui Road, Xinzhuang District, New Taipei City, TWN

Website

https://www.ttcc.com.tw

Tai Tung Communication Co Ltd is a Taiwan-based company mainly engaged in the fiber optical cables and Fiber to the Home (FTTH) related accessories business, internal and external communication cables business, power transmission cables business, manufacture and sale of other products, and wholesale and retail sale of ores. The company's business operations cover outdoor and indoor optical cables, telecommunication cable, power transmission and distribution cable, CATV trunk and distribution cable and others.

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