Solus Advanced Materials (XKRX:336370) Change In Receivables : ₩14,138 Mil (TTM As of Mar. 2024)

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What is Solus Advanced Materials Change In Receivables?

Solus Advanced Materials's change in receivables for the quarter that ended in Mar. 2024 was ₩-18,999 Mil. It means Solus Advanced Materials's Accounts Receivable increased by ₩18,999 Mil from Dec. 2023 to Mar. 2024 .

Solus Advanced Materials's change in receivables for the fiscal year that ended in Dec. 2023 was ₩26,030 Mil. It means Solus Advanced Materials's Accounts Receivable declined by ₩26,030 Mil from Dec. 2022 to Dec. 2023 .

Solus Advanced Materials's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩84,216 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. Solus Advanced Materials's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solus Advanced Materials's liquidation value for the three months ended in Mar. 2024 was ₩-300,176 Mil.

Solus Advanced Materials Change In Receivables Historical Data

The historical data trend for Solus Advanced Materials'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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Solus Advanced Materials Change In Receivables Chart

Solus Advanced Materials Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-2,141.00

1,243.00

-20,245.00

-10,439.00

26,030.00

Solus Advanced Materials Quarterly Data
	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												-7,107.00	13,750.00	-10,248.00	29,635.00	-18,999.00

Solus Advanced Materials 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 ₩14,138 Mil.

Solus Advanced Materials (XKRX:336370) 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.

Solus Advanced Materials's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	84215.765	/	121304.603	*	91
=	63.35

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

Solus Advanced Materials'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)
=	264707.955	-	729370.107	+	0.75 * 84215.765	+	0.5 * 202647.919
=	-300,176

Solus Advanced Materials Change In Receivables Related Terms

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Solus Advanced Materials (XKRX:336370) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

33637L.PFD:Korea 33637K:Korea

Address

15, Jong-ro 33-gil, Jongno-gu, 6th Floor, Yeoungang B/D, Seoul, KOR, 03129

Website

https://www.solusadvancedmaterials.com

Solus Advanced Materials is a South Korea based company engaged in providing the copper foil for electronic devices. It also provides Battery copper foil for EV batteries, Electro Materials for mobile and TV and Natural materials for cosmeceutical, pharmaceutical and nutraceutical industries.

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