Paradise Co (XKRX:034230) Change In Receivables : ₩-10,646 Mil (TTM As of Mar. 2024)

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What is Paradise Co Change In Receivables?

Paradise Co's change in receivables for the quarter that ended in Mar. 2024 was ₩9,192 Mil. It means Paradise Co's Accounts Receivable declined by ₩9,192 Mil from Dec. 2023 to Mar. 2024 .

Paradise Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-4,480 Mil. It means Paradise Co's Accounts Receivable increased by ₩4,480 Mil from Dec. 2022 to Dec. 2023 .

Paradise Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩19,498 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. Paradise Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Paradise Co's liquidation value for the three months ended in Mar. 2024 was ₩-982,090 Mil.

Paradise Co Change In Receivables Historical Data

The historical data trend for Paradise 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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Paradise Co Change In Receivables Chart

Paradise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-6,697.31

24,750.07

-1,988.09

-15,986.83

-4,480.30

Paradise 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															15,357.37	-7,099.05	-4,286.39	-8,452.23	9,191.89

Paradise 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 ₩-10,646 Mil.

Paradise Co (XKRX:034230) 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.

Paradise 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
=	19498.221	/	264770.276	*	91
=	6.72

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

Paradise 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)
=	840303.176	-	1840585.815	+	0.75 * 19498.221	+	0.5 * 7138.85
=	-982,090

Paradise Co Change In Receivables Related Terms

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Paradise Co (XKRX:034230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Paradise Co Ltd (XKRX:034230) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

268, Dongho-ro, Jung-gu, Seoul, KOR

Website

http://www.paradisegroup.co.kr

Paradise Co Ltd operates in the tourism industry. It is involved in the businesses of Casino, Hotel, Integrated Resorts, Travel and Leisure and Construction business. Casino business comprises operating casinos located in Walkerhill, Busan, Incheon, Jeju Grand, and Jeju Lotte. Travel and leisure business offers travel products with themes and corporate incentives as well as business services for corporate customers, a spa of hot spring water and caravan camping and refrigerated transportation of wine from wineries. The firm's construction business includes construction and construction management information systems.

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