Seojeon Electric Machinery Co (XKRX:189860) Change In Receivables : ₩-2,573 Mil (TTM As of Mar. 2024)

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What is Seojeon Electric Machinery Co Change In Receivables?

Seojeon Electric Machinery Co's change in receivables for the quarter that ended in Mar. 2024 was ₩4,317 Mil. It means Seojeon Electric Machinery Co's Accounts Receivable declined by ₩4,317 Mil from Dec. 2023 to Mar. 2024 .

Seojeon Electric Machinery Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-1,905 Mil. It means Seojeon Electric Machinery Co's Accounts Receivable increased by ₩1,905 Mil from Dec. 2022 to Dec. 2023 .

Seojeon Electric Machinery Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩11,579 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. Seojeon Electric Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 201.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Seojeon Electric Machinery Co's liquidation value for the three months ended in Mar. 2024 was ₩-15,783 Mil.

Seojeon Electric Machinery Co Change In Receivables Historical Data

The historical data trend for Seojeon Electric Machinery 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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Seojeon Electric Machinery Co Change In Receivables Chart

Seojeon Electric Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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130.31

1,637.64

1,755.06

-1,030.64

-1,905.16

Seojeon Electric Machinery 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															4,985.11	-564.54	2,187.54	-8,513.27	4,317.02

Seojeon Electric Machinery 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 ₩-2,573 Mil.

Seojeon Electric Machinery Co (XKRX:189860) 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.

Seojeon Electric Machinery 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
=	11578.871	/	5250.923	*	91
=	201.22

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

Seojeon Electric Machinery 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)
=	217.732	-	28094.68	+	0.75 * 11578.871	+	0.5 * 6818.643
=	-15,783

Seojeon Electric Machinery Co Change In Receivables Related Terms

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Seojeon Electric Machinery Co (XKRX:189860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Seojeon Electric Machinery Co Ltd (XKRX:189860) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

38-19, Daewol-ro 667beon-gil, Daewol-myeon, Gyeonggi-do, Icheon, KOR, 17401

Website

http://www.sjem.co.kr

Seojeon Electric Machinery Co Ltd is engaged in manufacturing switchboards and electric automatic control panels. The switchboard products offered by the entity include eco-friendly switchboard, special high voltage switchboard, low-voltage switchboard. Motor control panel, MCSG, gas insulated switchgear, Seismic switchgear, rectifier and distribution board for the data center. The other products provided by the company are power control system, smart grid system, electric work and insulation degradation prevention device. In addition, the organization also offers electrical work services.

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