Smart Radar System (XKRX:424960) Accounts Receivable : ₩1,319 Mil (As of Mar. 2024)

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

What is Smart Radar System Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Smart Radar System's accounts receivables for the quarter that ended in Mar. 2024 was ₩1,319 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Smart Radar System's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 60.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Smart Radar System's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩1,025.48.

Smart Radar System Accounts Receivable Historical Data

The historical data trend for Smart Radar System'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.

Smart Radar System Accounts Receivable Chart

Smart Radar System Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

1,123.64

240.80

1,397.39

823.85

Smart Radar System Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			1,397.39	917.31	1,203.68	823.85	1,319.25

Smart Radar System Accounts Receivable Calculation

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

Smart Radar System 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.

Smart Radar System's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1319.252	/	1973.828	*	91
=	60.99

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

Smart Radar System'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)
=	(17598.321	+	0.75 * 1319.252	+	0.5 * 3085.705	-	4570.749
-	0	-	0)	/	15.1733
=	1,025.48

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.

Smart Radar System Accounts Receivable Related Terms

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

Smart Radar System (XKRX:424960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart Radar System Inc (XKRX:424960) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496

Website

https://www.smartradarsystem.com

Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

Smart Radar System (XKRX:424960) Headlines

No Headlines