Chang Type Industrial Co (TPE:1541) Change In Receivables : NT$-401 Mil (TTM As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Chang Type Industrial Co Change In Receivables?

Chang Type Industrial Co's change in receivables for the quarter that ended in Mar. 2024 was NT$195 Mil. It means Chang Type Industrial Co's Accounts Receivable declined by NT$195 Mil from Dec. 2023 to Mar. 2024 .

Chang Type Industrial Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-446 Mil. It means Chang Type Industrial Co's Accounts Receivable increased by NT$446 Mil from Dec. 2022 to Dec. 2023 .

Chang Type Industrial Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,150 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. Chang Type Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 145.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chang Type Industrial Co's liquidation value for the three months ended in Mar. 2024 was NT$-270 Mil.

Chang Type Industrial Co Change In Receivables Historical Data

The historical data trend for Chang Type Industrial 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.

Chang Type Industrial Co Change In Receivables Chart

Chang Type Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

99.53

-677.97

-541.73

1,517.29

-445.54

Chang Type Industrial Co 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															150.73	-436.52	99.68	-259.43	194.95

Chang Type Industrial 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 NT$-401 Mil.

Chang Type Industrial Co (TPE:1541) 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.

Chang Type Industrial 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
=	1150.012	/	721.477	*	91
=	145.45

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

Chang Type Industrial 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)
=	79.418	-	1737.53	+	0.75 * 1150.012	+	0.5 * 1050.782
=	-270

Chang Type Industrial Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Chang Type Industrial Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Chang Type Industrial Co (TPE:1541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chang Type Industrial Co Ltd (TPE:1541) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127

Website

https://www.toty.com.tw

Chang Type Industrial Co Ltd engages in manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. The Company is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.. The company's products include miter saws, scroll saws, radial arm saws and band saws and also manufacture motors, IC controls boards for power tools.

Chang Type Industrial Co (TPE:1541) Headlines

No Headlines