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Kwang Jin Industry Co (XKRX:026910) Change In Receivables : ₩-568 Mil (TTM As of Mar. 2025)


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What is Kwang Jin Industry Co Change In Receivables?

Kwang Jin Industry Co's change in receivables for the quarter that ended in Mar. 2025 was ₩844 Mil. It means Kwang Jin Industry Co's Accounts Receivable declined by ₩844 Mil from Dec. 2024 to Mar. 2025 .

Kwang Jin Industry Co's change in receivables for the fiscal year that ended in Dec. 2024 was ₩-3,135 Mil. It means Kwang Jin Industry Co's Accounts Receivable increased by ₩3,135 Mil from Dec. 2023 to Dec. 2024 .

Kwang Jin Industry Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ₩6,963 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. Kwang Jin Industry Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 44.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kwang Jin Industry Co's liquidation value for the three months ended in Mar. 2025 was ₩-54,518 Mil.


Kwang Jin Industry Co Change In Receivables Historical Data

The historical data trend for Kwang Jin Industry 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.

* Premium members only.

Kwang Jin Industry Co Change In Receivables Chart

Kwang Jin Industry Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 433.68 233.06 -2,709.93 2,021.40 -3,135.06

Kwang Jin Industry Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,722.66 -720.49 -408.06 -283.85 844.29

Kwang Jin Industry 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-568 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.


Kwang Jin Industry Co  (XKRX:026910) 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.

Kwang Jin Industry Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6962.65/14131.096*91
=44.96

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

Kwang Jin Industry Co's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9166.278-77106.486+0.75 * 6962.65+0.5 * 16400.854
=-54,518

* 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.


Kwang Jin Industry Co Change In Receivables Related Terms

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Kwang Jin Industry Co Business Description

Traded in Other Exchanges
N/A
Address
370-103 Shinpyeong-dong, Saha-gu, Busan, KOR, 604-030
Kwang Jin Industry Co Ltd is a South Korea-based company engaged in the manufacturing of steel profiles. The company's products portfolio includes hot rolled bars, round steel bars, rectangular steel bars, peeling steel bars, hexagonal steel bars and linear motion guide rails used in automotive facilities, shipbuilding industries, automobile parts, medical equipment, industrial robots, and others.

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