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Hecto Financial Co (XKRX:234340) Change In Receivables : ₩-59,724 Mil (TTM As of Mar. 2024)


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What is Hecto Financial Co Change In Receivables?

Hecto Financial Co's change in receivables for the quarter that ended in Mar. 2024 was ₩-1,858 Mil. It means Hecto Financial Co's Accounts Receivable increased by ₩1,858 Mil from Dec. 2023 to Mar. 2024 .

Hecto Financial Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-31,612 Mil. It means Hecto Financial Co's Accounts Receivable increased by ₩31,612 Mil from Dec. 2022 to Dec. 2023 .

Hecto Financial Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩7,518 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. Hecto Financial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hecto Financial Co's liquidation value for the three months ended in Mar. 2024 was ₩-60,534 Mil.


Hecto Financial Co Change In Receivables Historical Data

The historical data trend for Hecto Financial 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.

Hecto Financial Co Change In Receivables Chart

Hecto Financial 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 -2,584.25 -11,017.70 -21,071.13 -58,364.64 -31,611.70

Hecto Financial 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 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 26,254.75 -30,873.24 -67,540.25 40,547.04 -1,857.87

Hecto Financial 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 ₩-59,724 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.


Hecto Financial Co  (XKRX:234340) 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.

Hecto Financial 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
=7517.635/37076.069*91
=18.50

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

Hecto Financial 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)
=172701.179-239764.683+0.75 * 7517.635+0.5 * 1782.029
=-60,534

* 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.


Hecto Financial Co Change In Receivables Related Terms

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Hecto Financial Co (XKRX:234340) Business Description

Traded in Other Exchanges
N/A
Address
Teheran-ro 34, Gil 6, 9, Gangnam-gu, 10th Floor, Yeoksam-dong, Taekwang Tower, Seoul, KOR, 06220
Hecto Financial Co Ltd is engaged in providing online payment based system. It provides services such as Real-time bank transfer, Virtual Account, Mobile phone billing, Gift Vouchers and Online payment through credit card.

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