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W-Scope Chungju Plant Co (XKRX:393890) Accounts Receivable : ₩118,557 Mil (As of Mar. 2024)


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What is W-Scope Chungju Plant Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. W-Scope Chungju Plant Co's accounts receivables for the quarter that ended in Mar. 2024 was ₩118,557 Mil.

Accounts receivable can be measured by Days Sales Outstanding. W-Scope Chungju Plant Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 88.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. W-Scope Chungju Plant Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩-8,777.18.


W-Scope Chungju Plant Co Accounts Receivable Historical Data

The historical data trend for W-Scope Chungju Plant 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.

W-Scope Chungju Plant Co Accounts Receivable Chart

W-Scope Chungju Plant Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 25,148.72 96,384.60 89,608.45 112,320.64 92,043.43

W-Scope Chungju Plant Co Quarterly Data
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 127,301.69 123,248.78 109,118.49 92,043.43 118,556.85

W-Scope Chungju Plant Co Accounts Receivable Calculation

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


W-Scope Chungju Plant 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.

W-Scope Chungju Plant 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
=118556.849/122406.361*91
=88.38

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

W-Scope Chungju Plant Co'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)
=(30889.92+0.75 * 118556.849+0.5 * 66627.183-448881.448
-0-0)/33.6965
=-8,777.18

* 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.


W-Scope Chungju Plant Co Accounts Receivable Related Terms

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W-Scope Chungju Plant Co (XKRX:393890) Business Description

Traded in Other Exchanges
N/A
Address
Shinagawa-ku, Tokyo, JPN
Website
W-Scope Chungju Plant Co Ltd is engaged in the business of battery parts and materials for automobiles and energy storage.

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