Poongwon Precision Co (XKRX:371950) Change In Receivables : ₩2,973 Mil (TTM As of Mar. 2024)

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What is Poongwon Precision Co Change In Receivables?

Poongwon Precision Co's change in receivables for the quarter that ended in Mar. 2024 was ₩-259 Mil. It means Poongwon Precision Co's Accounts Receivable increased by ₩259 Mil from Dec. 2023 to Mar. 2024 .

Poongwon Precision Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-1,483 Mil. It means Poongwon Precision Co's Accounts Receivable increased by ₩1,483 Mil from Dec. 2022 to Dec. 2023 .

Poongwon Precision Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩8,126 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. Poongwon Precision Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Poongwon Precision Co's liquidation value for the three months ended in Mar. 2024 was ₩-38,342 Mil.

Poongwon Precision Co Change In Receivables Historical Data

The historical data trend for Poongwon Precision 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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Poongwon Precision Co Change In Receivables Chart

Poongwon Precision Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-358.89

1,446.64

-1,264.52

-3,546.67

-1,482.90

Poongwon Precision Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									-4,715.36	4,021.31	83.82	-872.66	-259.05

Poongwon Precision 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 ₩2,973 Mil.

Poongwon Precision Co (XKRX:371950) 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.

Poongwon Precision 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
=	8126.1	/	12802.214	*	91
=	57.92

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

Poongwon Precision 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)
=	2647.537	-	55618.484	+	0.75 * 8126.1	+	0.5 * 17069.635
=	-38,342

Poongwon Precision Co Change In Receivables Related Terms

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Poongwon Precision Co (XKRX:371950) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Poongwon Precision Co Ltd (XKRX:371950) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

24, Sandan-ro 35 Beon-gil, Danwon-gu, Gyeonggi-do, Ansan-si, KOR

Website

http://www.poongwon.com

Poongwon Precision Co Ltd is a display part manufacturer that produces and supplies key materials of the display manufacturing process. Its main products include OMM (Open Metal Mask), which is a vacuum deposition part of OLED display, FFM (Fine Metal Mask), SBM (Stick Bar Mask), and Metal Foil that is used in encapsulation of OLED TV.

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