Promate Electronic Co (TPE:6189) Change In Receivables : NT$-3,124 Mil (TTM As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Promate Electronic Co Change In Receivables?

Promate Electronic Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-1,837 Mil. It means Promate Electronic Co's Accounts Receivable increased by NT$1,837 Mil from Dec. 2023 to Mar. 2024 .

Promate Electronic Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-1,924 Mil. It means Promate Electronic Co's Accounts Receivable increased by NT$1,924 Mil from Dec. 2022 to Dec. 2023 .

Promate Electronic Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$7,876 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. Promate Electronic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Promate Electronic Co's liquidation value for the three months ended in Mar. 2024 was NT$-1,046 Mil.

Promate Electronic Co Change In Receivables Historical Data

The historical data trend for Promate Electronic 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.

Promate Electronic Co Change In Receivables Chart

Promate Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-1,218.68

-1,483.96

-1,402.51

1,781.19

-1,923.93

Promate Electronic 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															-636.77	-580.51	-1,800.31	1,093.66	-1,837.33

Promate Electronic 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$-3,124 Mil.

Promate Electronic Co (TPE:6189) 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.

Promate Electronic 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
=	7875.908	/	11358.526	*	91
=	63.27

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

Promate Electronic 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)
=	2707.517	-	11658.887	+	0.75 * 7875.908	+	0.5 * 3997.159
=	-1,046

Promate Electronic Co Change In Receivables Related Terms

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

Promate Electronic Co (TPE:6189) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Promate Electronic Co Ltd (TPE:6189) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 32, Section of Huanshan Road, 4th Floor, Nei Hu District, Taipei, TWN, 11442

Website

https://www.promate.com

Promate Electronic Co Ltd is mainly engaged in the distribution and sales of electronic/electrical components, sales of computer software and electrical products, and sales of electronic/electrical components. The company has these operating segments; Application specific and LCD Display Products, Linear/ Distributed Components, Image Processing ICs, Application specific ICs, and Others. It has two business divisions; China Region and Non-China Region, out of which it derives a majority of its revenue from the Non-China Region.

Promate Electronic Co (TPE:6189) Headlines

No Headlines