Fine Technix Co (XKRX:106240) Change In Receivables : ₩-9,766 Mil (TTM As of Mar. 2024)

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What is Fine Technix Co Change In Receivables?

Fine Technix Co's change in receivables for the quarter that ended in Mar. 2024 was ₩-302 Mil. It means Fine Technix Co's Accounts Receivable increased by ₩302 Mil from Dec. 2023 to Mar. 2024 .

Fine Technix Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-8,471 Mil. It means Fine Technix Co's Accounts Receivable increased by ₩8,471 Mil from Dec. 2022 to Dec. 2023 .

Fine Technix Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩14,978 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. Fine Technix Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 88.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fine Technix Co's liquidation value for the three months ended in Mar. 2024 was ₩-46,154 Mil.

Fine Technix Co Change In Receivables Historical Data

The historical data trend for Fine Technix 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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Fine Technix Co Change In Receivables Chart

Fine Technix Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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22,237.73

-2,223.74

-54,742.09

-20,576.75

-8,470.79

Fine Technix 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															992.99	-45.53	-2,810.35	-6,607.90	-302.42

Fine Technix 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 ₩-9,766 Mil.

Fine Technix Co (XKRX:106240) 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.

Fine Technix 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
=	14977.811	/	15396.624	*	91
=	88.77

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

Fine Technix 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)
=	3261.395	-	68420.236	+	0.75 * 14977.811	+	0.5 * 15542.03
=	-46,154

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Fine Technix Co (XKRX:106240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fine Technix Co Ltd (XKRX:106240) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

8 Deokcheon-Ro, Manan-gu, Gyeonggi-do, Anyang-si, KOR, 430-817

Website

http://www.finetechnix.com

Fine Technix Co Ltd manufactures LED lighting equipments and Mechanical devices. Its products include LED Bulbs, LED Panel Light, LED Street Light and LED Flood Light among others. The company also offers products such as Top Chassis, Bottom Chassis, Back Cover, Lamp Reflector and Case categories among others.

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