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Kim Forest Enterprise Co (TPE:6645) Change In Receivables : NT$35.0 Mil (TTM As of Mar. 2024)


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What is Kim Forest Enterprise Co Change In Receivables?

Kim Forest Enterprise Co's change in receivables for the quarter that ended in Mar. 2024 was NT$20.8 Mil. It means Kim Forest Enterprise Co's Accounts Receivable declined by NT$20.8 Mil from Dec. 2023 to Mar. 2024 .

Kim Forest Enterprise Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$57.8 Mil. It means Kim Forest Enterprise Co's Accounts Receivable declined by NT$57.8 Mil from Dec. 2022 to Dec. 2023 .

Kim Forest Enterprise Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$82.2 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. Kim Forest Enterprise Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 77.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kim Forest Enterprise Co's liquidation value for the three months ended in Mar. 2024 was NT$-98.2 Mil.


Kim Forest Enterprise Co Change In Receivables Historical Data

The historical data trend for Kim Forest 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.

* Premium members only.

Kim Forest Enterprise Co Change In Receivables Chart

Kim Forest Enterprise 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 15.22 -1.27 -25.03 -44.50 57.84

Kim Forest Enterprise Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.66 30.08 -6.25 -9.64 20.85

Kim Forest 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$35.0 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.


Kim Forest Enterprise Co  (TPE:6645) 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.

Kim Forest Enterprise 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
=82.154/96.435*91
=77.74

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

Kim Forest Enterprise 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)
=108.257-328.451+0.75 * 82.154+0.5 * 120.667
=-98.2

* 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.


Kim Forest Enterprise Co Change In Receivables Related Terms

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Kim Forest Enterprise Co (TPE:6645) Business Description

Traded in Other Exchanges
N/A
Address
No. 97, New Taiwan Road, 30th Floor, Shijiazhuang District, Taipei, TWN, 22175
Kim Forest Enterprise Co Ltd is engaged in providing clinical medical information, genetic testing services, and biological information. It manufactures medical equipment and also produces drug products. The company's equipment includes Desktop microcentrifuge, Desktop large capacity centrifuge, Filter-type absorption spectrometer, Multifunctional spectrometer and many more.

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