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LG Innotek Co (XKRX:011070) Change In Receivables : ₩-554,665 Mil (TTM As of Mar. 2024)


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What is LG Innotek Co Change In Receivables?

LG Innotek Co's change in receivables for the quarter that ended in Mar. 2024 was ₩373,826 Mil. It means LG Innotek Co's Accounts Receivable declined by ₩373,826 Mil from Dec. 2023 to Mar. 2024 .

LG Innotek Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-515,525 Mil. It means LG Innotek Co's Accounts Receivable increased by ₩515,525 Mil from Dec. 2022 to Dec. 2023 .

LG Innotek Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩1,953,130 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. LG Innotek Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LG Innotek Co's liquidation value for the three months ended in Mar. 2024 was ₩-2,683,096 Mil.


LG Innotek Co Change In Receivables Historical Data

The historical data trend for LG Innotek 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.

LG Innotek Co Change In Receivables Chart

LG Innotek 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 -261,365.00 -177,143.00 -825,201.00 43,223.00 -515,525.00

LG Innotek 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 412,966.00 -129,392.00 -964,526.00 165,427.00 373,826.00

LG Innotek 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 ₩-554,665 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.


LG Innotek Co  (XKRX:011070) 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.

LG Innotek 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
=1953130.037/4333577.945*91
=41.13

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

LG Innotek 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)
=870735.09-6105065.55+0.75 * 1953130.037+0.5 * 2172773.836
=-2,683,096

* 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.


LG Innotek Co Change In Receivables Related Terms

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LG Innotek Co (XKRX:011070) Business Description

Traded in Other Exchanges
N/A
Address
30, Magokjungang, E1/E3, 10-ro, Gangseo-gu, Seoul, KOR, 07796
LG Innotek Co Ltd is a Korea-based company engaged in the manufacturing of materials and components that focuses on mobile, automotive, LED, display, semiconductor and IoT business fields with its core technologies. The company offers mobile products, including camera modules, wireless power chargers, and optical biosensor modules; and automotive products, such as motors and sensors, connectivity, thermoelectric modules, and LED lighting products. It also provides display products, which include photomasks, power modules, digital tuners, and touch panels; semiconductor products consisting of flip chip scale packages, chip on films, wireless modems, routers, and electronic shelf labels.

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