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TCC Group Holdings Co (TCC Group Holdings Co) Change In Receivables : $166 Mil (TTM As of Mar. 2024)


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What is TCC Group Holdings Co Change In Receivables?

TCC Group Holdings Co's change in receivables for the quarter that ended in Mar. 2024 was $-12 Mil. It means TCC Group Holdings Co's Accounts Receivable increased by $12 Mil from Dec. 2023 to Mar. 2024 .

TCC Group Holdings Co's change in receivables for the fiscal year that ended in Dec. 2023 was $327 Mil. It means TCC Group Holdings Co's Accounts Receivable declined by $327 Mil from Dec. 2022 to Dec. 2023 .

TCC Group Holdings Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $669 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. TCC Group Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TCC Group Holdings Co's liquidation value for the three months ended in Mar. 2024 was $-4,130 Mil.

TCC Group Holdings Co Change In Receivables Historical Data

The historical data trend for TCC Group Holdings Co'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.

TCC Group Holdings Co Change In Receivables Chart

TCC Group Holdings Co 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 -112.41 69.54 27.48 38.55 327.50

TCC Group Holdings Co 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 153.86 19.26 4.00 154.06 -11.64

TCC Group Holdings Co 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 $166 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.

TCC Group Holdings Co  (OTCPK:TGBMF) 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.

TCC Group Holdings 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
=669.149/806.017*91
=75.76

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

TCC Group Holdings Co'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)
=3665.967-8584.38+0.75 * 669.149+0.5 * 572.765
=-4,130

* 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.

TCC Group Holdings Co Change In Receivables Related Terms

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TCC Group Holdings Co (TCC Group Holdings Co) Business Description

Industry
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TPE:1102 TPE:1802 TPE:2504 TPE:1104 TPE:9930 TPE:1103 TPE:1110 TPE:1109 TPE:1108 ROCO:5520 CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 NSE:GRASIM XKRX:003670 XTER:HEI BOM:500387
Traded in Other Exchanges
1101B.PFD:Taiwan 1101:Taiwan
Address
No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104
Website
https://www.taiwancement.com
Taiwan Cement Corp operates in three primary segments: cement, Electricity and energy segment and Other segments. The cement segment involves production, processing and sale of cement goods. The Electricity and energy segment is engaged in power generation, energy storage and power business. The other segment includes land and marine transportation, production and sale of refractory materials, and others. The majority of revenue comes from Asia and Taiwan.