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Neo Technical System Co (XKRX:085910) Change In Receivables : ₩3,496 Mil (TTM As of Sep. 2024)


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What is Neo Technical System Co Change In Receivables?

Neo Technical System Co's change in receivables for the quarter that ended in Sep. 2024 was ₩807 Mil. It means Neo Technical System Co's Accounts Receivable declined by ₩807 Mil from Jun. 2024 to Sep. 2024 .

Neo Technical System Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩5,398 Mil. It means Neo Technical System Co's Accounts Receivable declined by ₩5,398 Mil from Dec. 2022 to Dec. 2023 .

Neo Technical System Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ₩17,486 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. Neo Technical System Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 118.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Neo Technical System Co's liquidation value for the three months ended in Sep. 2024 was ₩-8,018 Mil.


Neo Technical System Co Change In Receivables Historical Data

The historical data trend for Neo Technical System 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.

Neo Technical System Co Change In Receivables Chart

Neo Technical System Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -70.67 2,167.65 -2,344.87 -1,766.64 5,398.19

Neo Technical System Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 966.58 2,252.13 464.83 -28.16 807.43

Neo Technical System 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩3,496 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.


Neo Technical System Co  (XKRX:085910) 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.

Neo Technical System Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17485.641/13457.954*91
=118.56

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

Neo Technical System Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=24949.386-53847.929+0.75 * 17485.641+0.5 * 15533.607
=-8,018

* 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.


Neo Technical System Co Change In Receivables Related Terms

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Neo Technical System Co Business Description

Traded in Other Exchanges
N/A
Address
Dugyo Industrial Complex 38-9, Yongdae-gil, Juksan-myeon, Gyeonggi-do, Anseong-si, KOR, 456-891
Neo Technical System Co Ltd is a South Korea based company engaged in manufacturing and selling micro drill and router products in Korea. The company's products include micro bit products, such as micro drill bits, router bits, and end mills; and various whirling shaft products.

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