NewFlex Technology Co (XKRX:085670) Change In Receivables : ₩2,776 Mil (TTM As of Mar. 2024)

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What is NewFlex Technology Co Change In Receivables?

NewFlex Technology Co's change in receivables for the quarter that ended in Mar. 2024 was ₩9,803 Mil. It means NewFlex Technology Co's Accounts Receivable declined by ₩9,803 Mil from Dec. 2023 to Mar. 2024 .

NewFlex Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-357 Mil. It means NewFlex Technology Co's Accounts Receivable increased by ₩357 Mil from Dec. 2022 to Dec. 2023 .

NewFlex Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩34,119 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. NewFlex Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NewFlex Technology Co's liquidation value for the three months ended in Mar. 2024 was ₩-33,413 Mil.

NewFlex Technology Co Change In Receivables Historical Data

The historical data trend for NewFlex Technology 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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NewFlex Technology Co Change In Receivables Chart

NewFlex Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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2,498.39

-7,046.19

-15,890.54

-2,134.01

-356.55

NewFlex Technology 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															6,670.43	5,414.36	-16,402.07	3,960.73	9,802.79

NewFlex Technology 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 ₩2,776 Mil.

NewFlex Technology Co (XKRX:085670) 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.

NewFlex Technology 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
=	34119.18	/	50938.619	*	91
=	61.12

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

NewFlex Technology 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)
=	7839.804	-	73265.324	+	0.75 * 34119.18	+	0.5 * 12846.837
=	-33,413

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NewFlex Technology Co (XKRX:085670) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NewFlex Technology Co Ltd (XKRX:085670) » Definitions » Change In Receivables

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Address

603-4 Banwoul Industry Complex, 1055 Shingil-dong, Danwon-gu, Ansan, Gyeonggi, KOR, 425-839

Website

http://www.newflex.co.kr

NewFlex Technology Co Ltd is involved in manufacturing and selling flexible printed circuit boards products in South Korea. The company offers single side, double side, multi-layer, rigid, and build-up and IVH flexible printed circuit boards, as well as metal, printed circuit boards. Its products are primarily used in mobile, LED, and IT parts.

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