Formosa Chemicals & Fibre (TPE:1326) Change In Receivables : NT$-482 Mil (TTM As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Formosa Chemicals & Fibre Change In Receivables?

Formosa Chemicals & Fibre's change in receivables for the quarter that ended in Mar. 2024 was NT$-5,850 Mil. It means Formosa Chemicals & Fibre's Accounts Receivable increased by NT$5,850 Mil from Dec. 2023 to Mar. 2024 .

Formosa Chemicals & Fibre's change in receivables for the fiscal year that ended in Dec. 2023 was NT$2,808 Mil. It means Formosa Chemicals & Fibre's Accounts Receivable declined by NT$2,808 Mil from Dec. 2022 to Dec. 2023 .

Formosa Chemicals & Fibre's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$26,435 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. Formosa Chemicals & Fibre's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Formosa Chemicals & Fibre's liquidation value for the three months ended in Mar. 2024 was NT$-46,839 Mil.

Formosa Chemicals & Fibre Change In Receivables Historical Data

The historical data trend for Formosa Chemicals & Fibre'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.

Formosa Chemicals & Fibre Change In Receivables Chart

Formosa Chemicals & Fibre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

14,361.65

-186.66

-3,750.55

5,524.58

2,807.92

Formosa Chemicals & Fibre 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															-2,560.58	4,087.14	-1,613.18	2,894.54	-5,850.39

Formosa Chemicals & Fibre 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$-482 Mil.

Formosa Chemicals & Fibre (TPE:1326) 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.

Formosa Chemicals & Fibre's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26434.831	/	83941.693	*	91
=	28.74

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

Formosa Chemicals & Fibre'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)
=	111667.306	-	201294.214	+	0.75 * 26434.831	+	0.5 * 45923.643
=	-46,839

Formosa Chemicals & Fibre Change In Receivables Related Terms

Thank you for viewing the detailed overview of Formosa Chemicals & Fibre's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Formosa Chemicals & Fibre (TPE:1326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosa Chemicals & Fibre Corp (TPE:1326) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dunhua North Road, Number 201, Songshan District, Taipei, TWN, 105

Website

https://www.fcfc.com.tw

Formosa Chemicals & Fibre Corp manufactures and sells a variety of chemicals, plastics-based products, and textiles. The Company has eight business divisions, namely First Chemical Division, Petrochemicals Division, Third Chemical Division, Plastics Division, Textile Division, First Fiber Division, Second Fiber Division, and Engineering & Construction Division. The Company's businesses are production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing and finishing.

Formosa Chemicals & Fibre (TPE:1326) Headlines

No Headlines