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B&D Life Health Co (XKRX:215050) Accounts Receivable : ₩552 Mil (As of Dec. 2021)


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What is B&D Life Health Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. B&D Life Health Co's accounts receivables for the quarter that ended in Dec. 2021 was ₩552 Mil.

Accounts receivable can be measured by Days Sales Outstanding. B&D Life Health Co's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 14.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. B&D Life Health Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was ₩-6,566.06.


B&D Life Health Co Accounts Receivable Historical Data

The historical data trend for B&D Life Health 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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B&D Life Health Co Accounts Receivable Chart

B&D Life Health Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial 778.90 682.18 817.35 2,693.75 551.69

B&D Life Health Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable Get a 7-Day Free Trial 778.90 682.18 817.35 2,693.75 551.69

B&D Life Health Co Accounts Receivable Calculation

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


B&D Life Health 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.

B&D Life Health Co's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=551.69/6822.342*91
=14.76

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

B&D Life Health Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(82.724+0.75 * 551.69+0.5 * 1516.401-15185.711
-0-0)/2.12167
=-6,566.06

* 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.


B&D Life Health Co Accounts Receivable Related Terms

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B&D Life Health Co (XKRX:215050) Business Description

Traded in Other Exchanges
N/A
Address
1152 Chunho daero, Gang-dong, Seoul, KOR, 134-822
B&D Life Health Co Ltd is engaged in the manufacturing of chemical products.

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