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Starflex Co (XKRX:115570) Change In Receivables : ₩-1,975 Mil (TTM As of Jun. 2024)


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What is Starflex Co Change In Receivables?

Starflex Co's change in receivables for the quarter that ended in Jun. 2024 was ₩-1,913 Mil. It means Starflex Co's Accounts Receivable increased by ₩1,913 Mil from Mar. 2024 to Jun. 2024 .

Starflex Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩400 Mil. It means Starflex Co's Accounts Receivable declined by ₩400 Mil from Dec. 2022 to Dec. 2023 .

Starflex Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ₩13,431 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. Starflex Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 54.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Starflex Co's liquidation value for the three months ended in Jun. 2024 was ₩-4,304 Mil.


Starflex Co Change In Receivables Historical Data

The historical data trend for Starflex 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.

Starflex Co Change In Receivables Chart

Starflex 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 -1,381.53 11.45 -986.45 6,213.91 400.50

Starflex Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -644.20 142.27 -475.98 271.30 -1,912.73

Starflex 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-1,975 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.


Starflex Co  (XKRX:115570) 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.

Starflex Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13430.927/22510.162*91
=54.45

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

Starflex Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3133.319-30285.877+0.75 * 13430.927+0.5 * 25549.97
=-4,304

* 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.


Starflex Co Change In Receivables Related Terms

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Starflex Co Business Description

Traded in Other Exchanges
N/A
Address
417 Daeseong-ro, Chungchonbuk-do, Eumseong-gun, KOR
Starflex Co Ltd is a Korea based company engaged in offering PVC flex products under the brand Starflex. The company offered products are important in digital printing, billboards, building murals, light boxes, and screen printing. Along with selling products in Korea, the company also supply its products around the globe, including Asia, North America, Central and South America, Europe, Middle East, and Africa, among other places. The products produced by the company are frontlit, backlit, blockout, solit series, self-adhesive vinyl, coated flex, textile, LED brand and Form board brand.

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