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Parade Technologies (ROCO:4966) Change In Receivables : NT$29 Mil (TTM As of Mar. 2024)


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What is Parade Technologies Change In Receivables?

Parade Technologies's change in receivables for the quarter that ended in Mar. 2024 was NT$221 Mil. It means Parade Technologies's Accounts Receivable declined by NT$221 Mil from Dec. 2023 to Mar. 2024 .

Parade Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-596 Mil. It means Parade Technologies's Accounts Receivable increased by NT$596 Mil from Dec. 2022 to Dec. 2023 .

Parade Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,510 Mil.

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 Receivable are being managed. Parade Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Parade Technologies's liquidation value for the three months ended in Mar. 2024 was NT$9,350 Mil.


Parade Technologies Change In Receivables Historical Data

The historical data trend for Parade Technologies's Change In Receivables 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.

Parade Technologies Change In Receivables Chart

Parade Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.88 -441.11 139.79 481.39 -595.65

Parade Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 -403.58 -222.27 -23.80 54.00 221.34

Parade Technologies Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$29 Mil.

* 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.


Parade Technologies  (ROCO:4966) Change In Receivables 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 Receivable are being managed.

Parade Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1509.969/3814.192*91
=36.12

2. In Ben Graham's calculation of liquidation value, Parade Technologies's accounts receivable are only considered to be worth 75% of book value:

Parade Technologies's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9300.922-2986.623+0.75 * 1509.969+0.5 * 3806.334
=9,350

* 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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Parade Technologies (ROCO:4966) Business Description

Traded in Other Exchanges
N/A
Address
No. 335, Ruiguang Road, 14th Floor, Neihu District, Taipei, TWN, 114
Parade Technologies Ltd supplies mixed-signal integrated circuits for a variety of display and high-speed interface standards used in computers, consumer electronics, and display panels. The company's host of products serve customers with needs for display, storage, and interface applications. As a fabless semiconductor company, Parade manufactures and designs its integrated circuits, but outsources the fabrication of silicon wafers for semiconductors. The company has branch offices and subsidiaries dedicated to designing, engineering, support, and logistical services in Asian countries, but services a global customer base.

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