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Texture Maker Enterprise Co (ROCO:6963) Change In Receivables : NT$47.3 Mil (TTM As of Dec. 2023)


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What is Texture Maker Enterprise Co Change In Receivables?

Texture Maker Enterprise Co's change in receivables for the quarter that ended in Dec. 2023 was NT$28.6 Mil. It means Texture Maker Enterprise Co's Accounts Receivable declined by NT$28.6 Mil from Jun. 2023 to Dec. 2023 .

Texture Maker Enterprise Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$47.3 Mil. It means Texture Maker Enterprise Co's Accounts Receivable declined by NT$47.3 Mil from Dec. 2022 to Dec. 2023 .

Texture Maker Enterprise Co's Accounts Receivable for the quarter that ended in Dec. 2023 was NT$136.3 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. Texture Maker Enterprise Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Texture Maker Enterprise Co's liquidation value for the six months ended in Dec. 2023 was NT$-180.3 Mil.

Texture Maker Enterprise Co Change In Receivables Historical Data

The historical data trend for Texture Maker Enterprise 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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Texture Maker Enterprise Co Change In Receivables Chart

Texture Maker Enterprise Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
- -59.28 2.18 47.32

Texture Maker Enterprise Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables - 2.91 -0.74 18.70 28.61

Texture Maker Enterprise 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$47.3 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.

Texture Maker Enterprise Co  (ROCO:6963) 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.

Texture Maker Enterprise Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=136.274/417.857*91
=59.52

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

Texture Maker Enterprise Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=119.1-472.767+0.75 * 136.274+0.5 * 142.277
=-180.3

* 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.

Texture Maker Enterprise Co Change In Receivables Related Terms

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Texture Maker Enterprise Co (ROCO:6963) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Texture Maker Enterprise Co Ltd (ROCO:6963) » Definitions » Change In Receivables
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Address
Zhongzheng E. Road, 28F., No.27-8, Sec. 2, Tamsui District, New Taipei City, TWN, 251
Website
https://www.texturemaker.com.tw
Texture Maker Enterprise Co Ltd is a is a food ingredient R&D center and also a premix manufacturer. It is engaged in developing innovative food textures and includes three categories Bakery, Beverage, and food texture. Its bakery products include Mochi bread mix, Mojo Mix, Purple yam bread mix, etc. Beverage products include vegan non-dairy creamer, Non-dairy creamer, Banana beverage powder, etc. Food texture products include Korean-style dipping sauce, Japanese-style fried chicken mix, Fried seafood coating mix etc.

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