Hanssak Co (XKRX:430690) Change In Receivables : ₩-472 Mil (TTM As of Mar. 2024)

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What is Hanssak Co Change In Receivables?

Hanssak Co's change in receivables for the quarter that ended in Mar. 2024 was ₩4,633 Mil. It means Hanssak Co's Accounts Receivable declined by ₩4,633 Mil from Dec. 2023 to Mar. 2024 .

Hanssak Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-3,464 Mil. It means Hanssak Co's Accounts Receivable increased by ₩3,464 Mil from Dec. 2022 to Dec. 2023 .

Hanssak Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩2,092 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. Hanssak Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hanssak Co's liquidation value for the three months ended in Mar. 2024 was ₩10,143 Mil.

Hanssak Co Change In Receivables Historical Data

The historical data trend for Hanssak 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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Hanssak Co Change In Receivables Chart

Hanssak Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

38.84

-307.53

569.84

-3,464.34

Hanssak Co Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial			-861.22	1,937.95	-	-5,105.04	4,633.45

Hanssak 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 ₩-472 Mil.

Hanssak Co (XKRX:430690) 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.

Hanssak 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
=	2091.723	/	3409.75	*	91
=	55.98

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

Hanssak 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)
=	13753.101	-	6046.494	+	0.75 * 2091.723	+	0.5 * 1736.004
=	10,143

Hanssak Co Change In Receivables Related Terms

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Hanssak Co (XKRX:430690) Business Description

Industry

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Traded in Other Exchanges

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Address

Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR

Website

http://www.hanssak.co.kr

Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

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