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Shin Steel Co (XKRX:162300) Change In Receivables : ₩-15,728 Mil (TTM As of Mar. 2024)


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What is Shin Steel Co Change In Receivables?

Shin Steel Co's change in receivables for the quarter that ended in Mar. 2024 was ₩-15,559 Mil. It means Shin Steel Co's Accounts Receivable increased by ₩15,559 Mil from Dec. 2023 to Mar. 2024 .

Shin Steel Co's change in receivables for the fiscal year that ended in Dec. 2022 was ₩-23,860 Mil. It means Shin Steel Co's Accounts Receivable increased by ₩23,860 Mil from Dec. 2021 to Dec. 2022 .

Shin Steel Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩86,799 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. Shin Steel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 88.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shin Steel Co's liquidation value for the three months ended in Mar. 2024 was ₩-38,463 Mil.

Shin Steel Co Change In Receivables Historical Data

The historical data trend for Shin Steel 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.

Shin Steel Co Change In Receivables Chart

Shin Steel Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial -3,640.30 -6,009.96 -1,002.09 -4,983.24 -23,860.22

Shin Steel Co Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,225.91 1,900.13 -11,965.17 9,896.23 -15,559.00

Shin Steel 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 ₩-15,728 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.

Shin Steel Co  (XKRX:162300) 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.

Shin Steel 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
=86799.37/89677.241*91
=88.32

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

Shin Steel 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)
=20329.662-148441.04+0.75 * 86799.37+0.5 * 49097.801
=-38,463

* 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.

Shin Steel Co Change In Receivables Related Terms

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Shin Steel Co (XKRX:162300) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shin Steel Co Ltd (XKRX:162300) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
174, Mieumsandan 4-ro, Gangseo-gu, Busan, KOR
Website
http://www.shin-steel.com
Shin Steel Co Ltd is a steel distribution company that supplies various types of products such as Cold Rolled Steel, Galvanized Steel, Alu-Zinc Steel, Pre-Painted Steel, Stainless Steel, and Tin Plate Steel.

Shin Steel Co (XKRX:162300) Headlines

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