Sungwoo Hitech Co (XKRX:015750) Change In Receivables : ₩39,887 Mil (TTM As of Mar. 2024)

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What is Sungwoo Hitech Co Change In Receivables?

Sungwoo Hitech Co's change in receivables for the quarter that ended in Mar. 2024 was ₩30,655 Mil. It means Sungwoo Hitech Co's Accounts Receivable declined by ₩30,655 Mil from Dec. 2023 to Mar. 2024 .

Sungwoo Hitech Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-84,098 Mil. It means Sungwoo Hitech Co's Accounts Receivable increased by ₩84,098 Mil from Dec. 2022 to Dec. 2023 .

Sungwoo Hitech Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩667,165 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. Sungwoo Hitech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sungwoo Hitech Co's liquidation value for the three months ended in Mar. 2024 was ₩-1,279,693 Mil.

Sungwoo Hitech Co Change In Receivables Historical Data

The historical data trend for Sungwoo Hitech 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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Sungwoo Hitech Co Change In Receivables Chart

Sungwoo Hitech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-11,618.37

-3,786.59

13,545.50

-52,569.17

-84,097.89

Sungwoo Hitech 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															-93,329.66	84,587.03	-31,390.01	-43,965.25	30,655.27

Sungwoo Hitech 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 ₩39,887 Mil.

Sungwoo Hitech Co (XKRX:015750) 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.

Sungwoo Hitech 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
=	667165.366	/	1030783.8	*	91
=	59.06

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

Sungwoo Hitech 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)
=	540444.982	-	2624207.081	+	0.75 * 667165.366	+	0.5 * 607390.81
=	-1,279,693

Sungwoo Hitech Co Change In Receivables Related Terms

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Sungwoo Hitech Co (XKRX:015750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sungwoo Hitech Co Ltd (XKRX:015750) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

2-9, Nonggong-gil, Jeonggwan-myeon, Gijang-gun, Busan, KOR, 619-731

Website

http://www.swhitech.com

Sungwoo Hitech Co Ltd is a Korea based company engaged in the manufacturing, supply, and distribution of automobile parts and components. It offers products such as bumper rails, side members, fender apron completes, center floor completes, hood assemblies, dash completes, floor panel components, package-tray centers, inner lower, side sills, and others. The business activity of the group is primarily functioned through Korea and it also holds branches in the region of China, India, Germany, Russia, Slovakia, the Czech Republic and Uzbekistan.

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