GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » KIS Wire Ltd (XKRX:002240) » Definitions » Change In Receivables

KIS Wire (XKRX:002240) Change In Receivables : ₩33,772 Mil (TTM As of Mar. 2024)


View and export this data going back to 1976. Start your Free Trial

What is KIS Wire Change In Receivables?

KIS Wire's change in receivables for the quarter that ended in Mar. 2024 was ₩0 Mil. It means KIS Wire's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

KIS Wire's change in receivables for the fiscal year that ended in Dec. 2023 was ₩33,772 Mil. It means KIS Wire's Accounts Receivable declined by ₩33,772 Mil from Dec. 2022 to Dec. 2023 .

KIS Wire's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩0 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. KIS Wire's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. KIS Wire's liquidation value for the three months ended in Mar. 2024 was ₩-716,603 Mil.


KIS Wire Change In Receivables Historical Data

The historical data trend for KIS Wire'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.

KIS Wire Change In Receivables Chart

KIS Wire 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 1,794.00 16,682.00 -103,653.00 -11,779.00 33,772.00

KIS Wire 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 32,327.00 -2,971.00 -12,994.00 17,410.00 -

KIS Wire 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 ₩33,772 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.


KIS Wire  (XKRX:002240) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/434109.629*91
=0.00

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

KIS Wire'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)
=0-716602.784+0.75 * 0+0.5 * 0
=-716,603

* 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.


KIS Wire Change In Receivables Related Terms

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


KIS Wire (XKRX:002240) Business Description

Traded in Other Exchanges
N/A
Address
37, Gurak-ro 141beon-gil, Suyeong-gu, Busan, KOR
KIS Wire Ltd is in the business of manufacturing secondary steel products such as wire and wire ropes. Its products include oil tempered wire, spring wire, tire reinforcement, house wire, bridge cable, galvanized steel wire, computer wire, wire rope, superconductive wire, etc. The company mainly operates in Korea, Malaysia, and China. It sells its products to automotive, construction, machinery, bridge, energy, fishing and semi-conductor industries.

KIS Wire (XKRX:002240) Headlines

No Headlines