Ableprint Technology Co (ROCO:7734) Accounts Receivable : NT$377 Mil (As of Dec. 2023)

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What is Ableprint Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ableprint Technology Co's accounts receivables for the quarter that ended in Dec. 2023 was NT$377 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ableprint Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$65.73.

Ableprint Technology Co Accounts Receivable Historical Data

The historical data trend for Ableprint Technology 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.

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Ableprint Technology Co Accounts Receivable Chart

Ableprint Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

172.89

223.20

334.61

508.55

377.10

Ableprint Technology Co Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			334.61	-	508.55	342.62	377.10

Ableprint Technology Co Accounts Receivable Calculation

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

Ableprint Technology 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.

Ableprint Technology 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
=	377.104	/	0	*	91
=

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

Ableprint Technology 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)
=	(2171.044	+	0.75 * 377.104	+	0.5 * 185.39	-	1256.246
-	0	-	9.478)	/	19.485
=	65.73

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.

Ableprint Technology Co Accounts Receivable Related Terms

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Ableprint Technology Co (ROCO:7734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ableprint Technology Co Ltd (ROCO:7734) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 173, Dahu Road, Xiangshan District, Hsinchu, TWN, 300110

Website

http://www.ableprint.com.tw

Ableprint Technology Co Ltd is a company that provides solutions to advanced packaging process problems as an entry into the entrepreneurial market, provide a complete set of systems to solve problems and reduce manufacturing costs.

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