Taiwan Shin Kong Security Co (TPE:9925) Change In Receivables : NT$127 Mil (TTM As of Jun. 2024)

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What is Taiwan Shin Kong Security Co Change In Receivables?

Taiwan Shin Kong Security Co's change in receivables for the quarter that ended in Jun. 2024 was NT$-0 Mil. It means Taiwan Shin Kong Security Co's Accounts Receivable increased by NT$0 Mil from Mar. 2024 to Jun. 2024 .

Taiwan Shin Kong Security Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$164 Mil. It means Taiwan Shin Kong Security Co's Accounts Receivable declined by NT$164 Mil from Dec. 2022 to Dec. 2023 .

Taiwan Shin Kong Security Co's Accounts Receivable for the quarter that ended in Jun. 2024 was NT$600 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. Taiwan Shin Kong Security Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 28.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Taiwan Shin Kong Security Co's liquidation value for the three months ended in Jun. 2024 was NT$2,075 Mil.

Taiwan Shin Kong Security Co Change In Receivables Historical Data

The historical data trend for Taiwan Shin Kong Security 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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Taiwan Shin Kong Security Co Change In Receivables Chart

Taiwan Shin Kong Security Co Annual Data

Trend

Dec14

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Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-123.79

-20.04

381.14

206.67

164.29

Taiwan Shin Kong Security Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-56.57	48.98	76.84	1.69	-0.46

Taiwan Shin Kong Security 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$127 Mil.

Taiwan Shin Kong Security Co (TPE:9925) 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.

Taiwan Shin Kong Security Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	600.422	/	1951.402	*	91
=	28.08

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

Taiwan Shin Kong Security Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8109.823	-	6588.337	+	0.75 * 600.422	+	0.5 * 206.778
=	2,075

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Taiwan Shin Kong Security Co Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Taiwan Shin Kong Security Co Ltd (TPE:9925) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 128, Xing'ai Road, Neihu District, Taipei, TWN

Website

https://www.sks.com.tw

Taiwan Shin Kong Security Co Ltd is a Taiwanese security systems provider. The company's range of products and services includes residential security systems, monitoring systems, safety products, home protection systems, long-term home care systems, vehicle security systems, and commercial security systems for factories, offices, hospitals, and retail shops, as well as security robotics research and development. Taiwan Shin Kong Security is part of the Shin Kong Group, which operates companies in the financial services, energy, real estate, manufacturing, healthcare, and consumer service sectors.

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