Shin Hwa Dynamics Co (XKRX:001770) Change In Receivables : ₩3,587 Mil (TTM As of Mar. 2024)

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What is Shin Hwa Dynamics Co Change In Receivables?

Shin Hwa Dynamics Co's change in receivables for the quarter that ended in Mar. 2024 was ₩4,272 Mil. It means Shin Hwa Dynamics Co's Accounts Receivable declined by ₩4,272 Mil from Dec. 2023 to Mar. 2024 .

Shin Hwa Dynamics Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-2,734 Mil. It means Shin Hwa Dynamics Co's Accounts Receivable increased by ₩2,734 Mil from Dec. 2022 to Dec. 2023 .

Shin Hwa Dynamics Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩18,429 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. Shin Hwa Dynamics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shin Hwa Dynamics Co's liquidation value for the three months ended in Mar. 2024 was ₩4,767 Mil.

Shin Hwa Dynamics Co Change In Receivables Historical Data

The historical data trend for Shin Hwa Dynamics 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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Shin Hwa Dynamics Co Change In Receivables Chart

Shin Hwa Dynamics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-177.49

-1,999.46

-3,269.33

5,900.59

-2,734.08

Shin Hwa Dynamics 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															-2,049.44	-188.49	1,783.19	-2,279.33	4,271.52

Shin Hwa Dynamics 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 ₩3,587 Mil.

Shin Hwa Dynamics Co (XKRX:001770) 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.

Shin Hwa Dynamics 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
=	18429.409	/	24945.194	*	91
=	67.42

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

Shin Hwa Dynamics 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)
=	11271.421	-	33924.113	+	0.75 * 18429.409	+	0.5 * 27195.737
=	4,767

Shin Hwa Dynamics Co Change In Receivables Related Terms

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Shin Hwa Dynamics Co (XKRX:001770) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shin Hwa Dynamics Co Ltd (XKRX:001770) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

661-4, Shiwa Industrial Complex, 706, 4Da, Seonggok-dong, Ansan-shi, Gyeonggi, KOR, 425-110

Website

http://www.shinhwatp.co.kr

Shin Hwa Dynamics Co Ltd formerly Shinhwa Silup Co Ltd is a South Korea-based company engaged in the manufacturing of tin plates. It mainly produces tin plates, which are used for a variety of food and beverage cans, including food cans, paint cans, oil cans, drug cans, and others. The company also provides black plate coils, which are cold rolled tin steel plates used as raw materials of tin plates.

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