Elite Material Co (TPE:2383) Change In Receivables : NT$-6,132 Mil (TTM As of Mar. 2024)

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What is Elite Material Co Change In Receivables?

Elite Material Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-280 Mil. It means Elite Material Co's Accounts Receivable increased by NT$280 Mil from Sep. 2023 to Mar. 2024 .

Elite Material Co's change in receivables for the fiscal year that ended in Dec. 2022 was NT$1,847 Mil. It means Elite Material Co's Accounts Receivable declined by NT$1,847 Mil from Dec. 2021 to Dec. 2022 .

Elite Material Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$17,767 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. Elite Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elite Material Co's liquidation value for the three months ended in Mar. 2024 was NT$-4,028 Mil.

Elite Material Co Change In Receivables Historical Data

The historical data trend for Elite Material 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.

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Elite Material Co Change In Receivables Chart

Elite Material Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-260.25

-1,896.10

-463.86

-3,471.05

1,847.23

Elite Material Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															1,425.23	1,915.49	-2,153.69	-3,697.93	-279.91

Elite Material 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$-6,132 Mil.

Elite Material Co (TPE:2383) 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.

Elite Material 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
=	17766.549	/	12902.46	*	91
=	125.65

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

Elite Material 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)
=	12625.447	-	33312.48	+	0.75 * 17766.549	+	0.5 * 6667.744
=	-4,028

Elite Material Co Change In Receivables Related Terms

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Elite Material Co (TPE:2383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elite Material Co Ltd (TPE:2383) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 18, Datong 1st Road, Guanyin District, Taoyuan, TWN, 328

Website

https://www.emctw.com

Elite Material Co Ltd is engaged in the manufacturing and selling of printed circuit boards, copper-clad laminates, electronic-industrial specialty chemicals and raw materials, work-in-progress, and finished goods of electronic components. The Group has three reportable segments: The domestic segment produces and sells different types of printed circuit board products, electronic-industrial specialty chemicals, and electronic components, the Foreign segment produces and sells prepreg for printed circuit board and copper-clad laminate, and Other segments include investment and product exchange business. Geographically, It operates in Taiwan, China, and Other countries.

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