Evergreen Steel (TPE:2211) Change In Receivables : NT$457 Mil (TTM As of Mar. 2024)

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What is Evergreen Steel Change In Receivables?

Evergreen Steel's change in receivables for the quarter that ended in Mar. 2024 was NT$-802 Mil. It means Evergreen Steel's Accounts Receivable increased by NT$802 Mil from Dec. 2023 to Mar. 2024 .

Evergreen Steel's change in receivables for the fiscal year that ended in Dec. 2023 was NT$755 Mil. It means Evergreen Steel's Accounts Receivable declined by NT$755 Mil from Dec. 2022 to Dec. 2023 .

Evergreen Steel's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$1,196 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. Evergreen Steel's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Evergreen Steel's liquidation value for the three months ended in Mar. 2024 was NT$552 Mil.

Evergreen Steel Change In Receivables Historical Data

The historical data trend for Evergreen Steel'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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Evergreen Steel Change In Receivables Chart

Evergreen Steel Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-33.53

-1,883.97

98.85

737.90

754.97

Evergreen Steel 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															-503.24	-577.16	683.51	1,151.85	-801.65

Evergreen Steel 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$457 Mil.

Evergreen Steel (TPE:2211) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1195.532	/	2849.572	*	91
=	38.28

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

Evergreen Steel'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)
=	6240.788	-	8673.281	+	0.75 * 1195.532	+	0.5 * 4176.234
=	552

Evergreen Steel Change In Receivables Related Terms

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Evergreen Steel (TPE:2211) Business Description

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Traded in Other Exchanges

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Address

Chang'an East Road, 11th Floor, No. 100, Section 2, Zhongshan District, Taipei, TWN, 104094

Website

http://www.evergreennet.com

Evergreen Steel Corp is engaged in the steel structure engineering business. The company's steel structure engineering business mainly includes engineering projects of factories, tall buildings, and bridges.

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