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Model Solution Co (XKRX:417970) Change In Receivables : ₩2,050 Mil (TTM As of Mar. 2024)


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What is Model Solution Co Change In Receivables?

Model Solution Co's change in receivables for the quarter that ended in Mar. 2024 was ₩2,166 Mil. It means Model Solution Co's Accounts Receivable declined by ₩2,166 Mil from Dec. 2023 to Mar. 2024 .

Model Solution Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩1,914 Mil. It means Model Solution Co's Accounts Receivable declined by ₩1,914 Mil from Dec. 2022 to Dec. 2023 .

Model Solution Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩14,890 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. Model Solution Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Model Solution Co's liquidation value for the three months ended in Mar. 2024 was ₩27,254 Mil.


Model Solution Co Change In Receivables Historical Data

The historical data trend for Model Solution 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.

Model Solution Co Change In Receivables Chart

Model Solution 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 2,041.11 2,955.65 -141.62 -9,341.16 1,914.43

Model Solution Co Quarterly Data
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 2,030.97 -621.07 2,073.06 -1,568.54 2,166.30

Model Solution 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 ₩2,050 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.


Model Solution Co  (XKRX:417970) 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.

Model Solution 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
=14890.345/15576.146*91
=87.23

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

Model Solution 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)
=35707.253-22208.379+0.75 * 14890.345+0.5 * 5174.651
=27,254

* 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.


Model Solution Co Change In Receivables Related Terms

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Model Solution Co (XKRX:417970) Business Description

Traded in Other Exchanges
N/A
Address
24, Cherry Blossom-ro 20-gil, Geumcheon-gu, Seoul, KOR, 08582
Model Solution Co Ltd manufactures and supports prototypes of new products that incorporate cutting-edge technologies such as IT devices, electronic products, and medical/healthcare devices through a variety of solutions including rapid prototypes, precision machining, quick-turn tooling and molding.

Model Solution Co (XKRX:417970) Headlines

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