Gold Rain Enterprises (ROCO:4503) Change In Receivables : NT$-33.1 Mil (TTM As of Mar. 2024)

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What is Gold Rain Enterprises Change In Receivables?

Gold Rain Enterprises's change in receivables for the quarter that ended in Mar. 2024 was NT$35.6 Mil. It means Gold Rain Enterprises's Accounts Receivable declined by NT$35.6 Mil from Dec. 2023 to Mar. 2024 .

Gold Rain Enterprises's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-63.2 Mil. It means Gold Rain Enterprises's Accounts Receivable increased by NT$63.2 Mil from Dec. 2022 to Dec. 2023 .

Gold Rain Enterprises's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$70.6 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. Gold Rain Enterprises's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gold Rain Enterprises's liquidation value for the three months ended in Mar. 2024 was NT$282.7 Mil.

Gold Rain Enterprises Change In Receivables Historical Data

The historical data trend for Gold Rain Enterprises'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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Gold Rain Enterprises Change In Receivables Chart

Gold Rain Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-42.06

90.58

8.44

-12.00

-63.22

Gold Rain Enterprises 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															5.40	-11.96	-46.36	-10.29	35.55

Gold Rain Enterprises 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 NT$-33.1 Mil.

Gold Rain Enterprises (ROCO:4503) 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.

Gold Rain Enterprises's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	70.575	/	80.248	*	91
=	80.25

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

Gold Rain Enterprises'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)
=	288.194	-	111.48	+	0.75 * 70.575	+	0.5 * 106.187
=	282.7

Gold Rain Enterprises Change In Receivables Related Terms

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Gold Rain Enterprises (ROCO:4503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gold Rain Enterprises Corp (ROCO:4503) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 101, Lane 411, PU-NEI Street, Yen-Ho Li, Chang Hua, TWN

Website

http://www.alona.com.tw

Gold Rain Enterprises Corp is a Taiwan based manufacturer of vending machines. It offers KIOSK information service machines comprising of digital vending machines, post machines, digital photo printers, knocking gamers, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with complete production line tools, such as various types of molds, punching beds, laser cutting, painting, welding and assembly lines.

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