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Visang Education (XKRX:100220) Change In Receivables : ₩-2,994 Mil (TTM As of Mar. 2024)


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What is Visang Education Change In Receivables?

Visang Education's change in receivables for the quarter that ended in Mar. 2024 was ₩10,830 Mil. It means Visang Education's Accounts Receivable declined by ₩10,830 Mil from Dec. 2023 to Mar. 2024 .

Visang Education's change in receivables for the fiscal year that ended in Dec. 2023 was ₩437 Mil. It means Visang Education's Accounts Receivable declined by ₩437 Mil from Dec. 2022 to Dec. 2023 .

Visang Education's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩67,142 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. Visang Education's Days Sales Outstanding for the three months ended in Mar. 2024 was 93.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Visang Education's liquidation value for the three months ended in Mar. 2024 was ₩-107,835 Mil.


Visang Education Change In Receivables Historical Data

The historical data trend for Visang Education'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.

Visang Education Change In Receivables Chart

Visang Education 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 -22,013.39 25,006.16 -105.70 -11,155.90 437.47

Visang Education 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 14,261.96 2,125.02 -691.79 -15,257.73 10,830.11

Visang Education 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 ₩-2,994 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.


Visang Education  (XKRX:100220) 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.

Visang Education's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=67141.771/65550.807*91
=93.46

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

Visang Education'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)
=22564.299-193485.509+0.75 * 67141.771+0.5 * 25460.163
=-107,835

* 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.


Visang Education Change In Receivables Related Terms

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Visang Education (XKRX:100220) Business Description

Traded in Other Exchanges
N/A
Address
13F, Kolon Science Valley 2cha, 811, Guro-Dong, Guro-Gu, Seoul, KOR, 152-728
Visang Education Inc is engaged in publishing and educational businesses in South Korea. The company offers online and offline education services for Elementary, High and Middle School students.

Visang Education (XKRX:100220) Headlines

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