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Sang-A-Flontec Co (XKRX:089980) Change In Receivables : ₩34,453 Mil (TTM As of Mar. 2024)


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What is Sang-A-Flontec Co Change In Receivables?

Sang-A-Flontec Co's change in receivables for the quarter that ended in Mar. 2024 was ₩23,708 Mil. It means Sang-A-Flontec Co's Accounts Receivable declined by ₩23,708 Mil from Dec. 2023 to Mar. 2024 .

Sang-A-Flontec Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩12,818 Mil. It means Sang-A-Flontec Co's Accounts Receivable declined by ₩12,818 Mil from Dec. 2022 to Dec. 2023 .

Sang-A-Flontec Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩41,008 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. Sang-A-Flontec Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sang-A-Flontec Co's liquidation value for the three months ended in Mar. 2024 was ₩-56,144 Mil.


Sang-A-Flontec Co Change In Receivables Historical Data

The historical data trend for Sang-A-Flontec 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.

Sang-A-Flontec Co Change In Receivables Chart

Sang-A-Flontec 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 -19,739.05 -1,476.76 4,589.84 8,973.34 12,817.65

Sang-A-Flontec 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 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 2,072.25 2,517.94 6,307.34 1,920.13 23,707.57

Sang-A-Flontec 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 ₩34,453 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.


Sang-A-Flontec Co  (XKRX:089980) 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.

Sang-A-Flontec 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
=41008.298/43783.161*91
=85.47

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

Sang-A-Flontec 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)
=63287.374-177129.712+0.75 * 41008.298+0.5 * 53884.152
=-56,144

* 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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Sang-A-Flontec Co (XKRX:089980) Business Description

Traded in Other Exchanges
N/A
Address
7B 4L, 614-4, Namchon-Dong, Namdong-Gu, Incheon, KOR, 405-846
Sang-A-Flontec Co Ltd manufactures plastic products. It develops and sells material/components using engineering plastic and fluoroplastic. Its products include vent filter, jar box, solar cassette, foup, storage box, batteries etc. It provides material/components for semiconductor, display, secondary cells, IT, automobiles, machines, chemicals, renewable energy, aircraft.

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