Taiwan Styrene Monomer (TPE:1310) Change In Receivables : NT$560 Mil (TTM As of Mar. 2024)

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What is Taiwan Styrene Monomer Change In Receivables?

Taiwan Styrene Monomer's change in receivables for the quarter that ended in Mar. 2024 was NT$198 Mil. It means Taiwan Styrene Monomer's Accounts Receivable declined by NT$198 Mil from Dec. 2023 to Mar. 2024 .

Taiwan Styrene Monomer's change in receivables for the fiscal year that ended in Dec. 2023 was NT$154 Mil. It means Taiwan Styrene Monomer's Accounts Receivable declined by NT$154 Mil from Dec. 2022 to Dec. 2023 .

Taiwan Styrene Monomer's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$620 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. Taiwan Styrene Monomer's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Taiwan Styrene Monomer's liquidation value for the three months ended in Mar. 2024 was NT$-460 Mil.

Taiwan Styrene Monomer Change In Receivables Historical Data

The historical data trend for Taiwan Styrene Monomer'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.

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Taiwan Styrene Monomer Change In Receivables Chart

Taiwan Styrene Monomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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96.68

-69.57

-40.61

-54.73

153.90

Taiwan Styrene Monomer 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															-207.49	554.17	-174.39	-18.40	198.36

Taiwan Styrene Monomer 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$560 Mil.

Taiwan Styrene Monomer (TPE:1310) 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.

Taiwan Styrene Monomer's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	620.372	/	2226.204	*	91
=	25.43

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

Taiwan Styrene Monomer'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)
=	1138.852	-	2276.693	+	0.75 * 620.372	+	0.5 * 425.637
=	-460

Taiwan Styrene Monomer Change In Receivables Related Terms

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Taiwan Styrene Monomer (TPE:1310) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taiwan Styrene Monomer Corp (TPE:1310) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN

Website

https://www.smct.com.tw

Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for the polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries.

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