Ajusteel Co (XKRX:139990) Change In Receivables : ₩-3,922 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Ajusteel Co Change In Receivables?

Ajusteel Co's change in receivables for the quarter that ended in Mar. 2024 was ₩34,005 Mil. It means Ajusteel Co's Accounts Receivable declined by ₩34,005 Mil from Dec. 2023 to Mar. 2024 .

Ajusteel Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-15,912 Mil. It means Ajusteel Co's Accounts Receivable increased by ₩15,912 Mil from Dec. 2022 to Dec. 2023 .

Ajusteel Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩146,963 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. Ajusteel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ajusteel Co's liquidation value for the three months ended in Mar. 2024 was ₩-589,814 Mil.

Ajusteel Co Change In Receivables Historical Data

The historical data trend for Ajusteel 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.

Ajusteel Co Change In Receivables Chart

Ajusteel Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-12,960.75

-20,954.44

-60,960.44

74,812.28

-15,912.36

Ajusteel Co Quarterly Data
	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial											22,015.08	-25,885.30	-40,302.09	28,259.94	34,004.97

Ajusteel 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 ₩-3,922 Mil.

Ajusteel Co (XKRX:139990) 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.

Ajusteel 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
=	146963.325	/	248869.598	*	91
=	53.89

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

Ajusteel 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)
=	29251.513	-	821716.515	+	0.75 * 146963.325	+	0.5 * 184857.536
=	-589,814

Ajusteel Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Ajusteel Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Ajusteel Co (XKRX:139990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ajusteel Co Ltd (XKRX:139990) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

321, 4-gongdan-ro, Gumi, Gyeongsangbuk-do, KOR

Website

http://www.ajusteel.com

Ajusteel Co Ltd is a steel company in Korea. It owns the full spectrum of manufacturing methods for designing steel surfaces. Its products include Texteel, SUSlike, Silk, pMCCL, Atex among others.

Ajusteel Co (XKRX:139990) Headlines

No Headlines