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Hsin Kuang Steel Co (TPE:2031) Change In Receivables : NT$-380 Mil (TTM As of Mar. 2024)


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What is Hsin Kuang Steel Co Change In Receivables?

Hsin Kuang Steel Co's change in receivables for the quarter that ended in Mar. 2024 was NT$1,082 Mil. It means Hsin Kuang Steel Co's Accounts Receivable declined by NT$1,082 Mil from Dec. 2023 to Mar. 2024 .

Hsin Kuang Steel Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-896 Mil. It means Hsin Kuang Steel Co's Accounts Receivable increased by NT$896 Mil from Dec. 2022 to Dec. 2023 .

Hsin Kuang Steel Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$2,648 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. Hsin Kuang Steel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hsin Kuang Steel Co's liquidation value for the three months ended in Mar. 2024 was NT$-6,474 Mil.


Hsin Kuang Steel Co Change In Receivables Historical Data

The historical data trend for Hsin Kuang Steel 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.

Hsin Kuang Steel Co Change In Receivables Chart

Hsin Kuang Steel 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 97.10 -965.25 -508.73 -334.38 -895.97

Hsin Kuang Steel 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 566.13 -255.04 -1,409.99 202.93 1,082.15

Hsin Kuang Steel 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 NT$-380 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.


Hsin Kuang Steel Co  (TPE:2031) 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.

Hsin Kuang Steel 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
=2647.56/3466.167*91
=69.70

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

Hsin Kuang Steel 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)
=5039.785-16742.602+0.75 * 2647.56+0.5 * 6487.058
=-6,474

* 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.


Hsin Kuang Steel Co Change In Receivables Related Terms

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Hsin Kuang Steel Co (TPE:2031) Business Description

Traded in Other Exchanges
N/A
Address
25th Floor, 97 Chongming Road, Section 4, Sanchong District, New Taipei City, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and sale of steel products, including steel coils, steel plates, stainless steel, alloy steel and special steel. Geographically, the business activities are carried out across Taiwan.

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