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Woori Financial Group (Woori Financial Group) Change In Receivables : $0 Mil (TTM As of Dec. 2023)


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What is Woori Financial Group Change In Receivables?

Woori Financial Group's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Woori Financial Group's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Woori Financial Group's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Woori Financial Group's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Woori Financial Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $6,947 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. Woori Financial Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 274.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Woori Financial Group's liquidation value for the three months ended in Dec. 2023 was $-298,501 Mil.


Woori Financial Group Change In Receivables Historical Data

The historical data trend for Woori Financial Group'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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Woori Financial Group Change In Receivables Chart

Woori Financial Group Annual Data
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Woori Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Woori Financial Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.


Woori Financial Group  (NYSE:WF) 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.

Woori Financial Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6947.236/2309.793*91
=274.46

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

Woori Financial Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=52475.009-356186.296+0.75 * 6947.236+0.5 * 0
=-298,501

* 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.


Woori Financial Group Change In Receivables Related Terms

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Woori Financial Group (Woori Financial Group) Business Description

Traded in Other Exchanges
Address
51, Sogong-ro, Jung-gu, Seoul, KOR, 04632
Woori is one of Korea's four largest commercial banking groups. It was formed in 2001 through the merger of several financially troubled banks affected by the Asian financial crisis and became temporarily 100% government-owned after a bailout. It had been the largest banking group by assets but is now number four after the government required the sale of a number of subsidiaries in 2014 in an effort to recoup taxpayer money. The government has completed the process of fully divesting itself of Woori, with Korea Deposit Insurance selling its final 1.2% stake in late 2023.

Woori Financial Group (Woori Financial Group) Headlines

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