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Nan Ya Plastics (TPE:1303) Accounts Receivable : NT$34,927 Mil (As of Mar. 2024)


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What is Nan Ya Plastics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nan Ya Plastics's accounts receivables for the quarter that ended in Mar. 2024 was NT$34,927 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nan Ya Plastics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nan Ya Plastics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-16.08.


Nan Ya Plastics Accounts Receivable Historical Data

The historical data trend for Nan Ya Plastics'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.

Nan Ya Plastics Accounts Receivable Chart

Nan Ya Plastics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38,506.36 45,248.49 56,185.81 47,079.39 34,942.86

Nan Ya Plastics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 40,318.24 36,535.93 40,478.63 34,942.86 34,926.72

Nan Ya Plastics Accounts Receivable Calculation

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


Nan Ya Plastics 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.

Nan Ya Plastics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=34926.722/58629.908*91
=54.36

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

Nan Ya Plastics's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(110029.303+0.75 * 34926.722+0.5 * 50028.152-272873.864
-0-15928.659)/7930.82
=-16.08

* 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.


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.


Nan Ya Plastics Accounts Receivable Related Terms

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Nan Ya Plastics (TPE:1303) Business Description

Traded in Other Exchanges
N/A
Address
101, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Nan Ya Plastics Corp manufactures and sells a variety of polyester and electronic products. The company's segments include plastic products, plastic material, electronic material, and fiber products. Its plastic product segments include the manufacture and sale of plastic processing products including flexible polyvinyl chloride (PVC) sheets. The plastic material segment is engaged in the manufacture and sale of plastic petrochemical raw materials such as ethylene glycol. The electronic materials segment is engaged in the manufacture and sale of copper clad laminate. The fiber products segment engages in the production and sale of polyester products. The company operates in Taiwan, China, Hong Kong, and others.

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