Infinite Finance Co (ROCO:6958) Accounts Receivable : NT$0 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Infinite Finance Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Infinite Finance Co's accounts receivables for the quarter that ended in Dec. 2023 was NT$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Infinite Finance Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Infinite Finance Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-209.40.

Infinite Finance Co Accounts Receivable Historical Data

The historical data trend for Infinite Finance Co's Accounts Receivable 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.

Infinite Finance Co Accounts Receivable Chart

Infinite Finance Co Annual Data

Trend

Dec22

Dec23

Accounts Receivable

Infinite Finance Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	-	-	-	-

Infinite Finance Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Infinite Finance Co Accounts Receivable 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 receivables are being managed.

Infinite Finance 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
=	0	/	4655.291	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Infinite Finance Co's accounts receivable are only considered to be worth 75% of book value:

Infinite Finance Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3975.222	+	0.75 * 0	+	0.5 * 0	-	77516.069
-	0	-	0)	/	351.193
=	-209.40

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Infinite Finance Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Infinite Finance Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Infinite Finance Co (ROCO:6958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Infinite Finance Co Ltd (ROCO:6958) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.68, Songjiang Road, 7th Floor, Zhongshan District, Taipei, TWN

Website

http://www.inftfinance.com

Infinite Finance Co Ltd provides various types of vehicle loans for heavy vehicles, tour buses, vans and small passenger cars, Its operations comprise procurement loans for heavy vehicles, tour buses, vans and small passenger cars; procurement loans and leasing services for various types of construction and engineering equipment include cranes, excavators, loaders, stackers, piling machines; letter of credit for imported machinery services; green energy financing and other services.

Infinite Finance Co (ROCO:6958) Headlines

No Headlines