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GOLFZON Co (XKRX:215000) Change In Receivables : ₩-78,021 Mil (TTM As of Mar. 2024)


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What is GOLFZON Co Change In Receivables?

GOLFZON Co's change in receivables for the quarter that ended in Mar. 2024 was ₩-29,949 Mil. It means GOLFZON Co's Accounts Receivable increased by ₩29,949 Mil from Dec. 2023 to Mar. 2024 .

GOLFZON Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-62,362 Mil. It means GOLFZON Co's Accounts Receivable increased by ₩62,362 Mil from Dec. 2022 to Dec. 2023 .

GOLFZON Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩79,082 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. GOLFZON Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GOLFZON Co's liquidation value for the three months ended in Mar. 2024 was ₩-12,425 Mil.


GOLFZON Co Change In Receivables Historical Data

The historical data trend for GOLFZON 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.

GOLFZON Co Change In Receivables Chart

GOLFZON Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 3,120.82 -668.04 -2,573.97 -19.07 -62,362.48

GOLFZON 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 -14,290.53 -2,285.25 -17,663.92 -28,122.78 -29,949.24

GOLFZON 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 ₩-78,021 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.


GOLFZON Co  (XKRX:215000) 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.

GOLFZON 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
=79081.939/182117.045*91
=39.62

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

GOLFZON 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)
=135765.993-245295.883+0.75 * 79081.939+0.5 * 75585.885
=-12,425

* 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.


GOLFZON Co Change In Receivables Related Terms

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GOLFZON Co (XKRX:215000) Business Description

Traded in Other Exchanges
N/A
Address
Daejeon Expo 97 beongil 40 (doryongdong), Daejeon, KOR
GOLFZON Co Ltd is a Korea-based company that manufactures golf simulators. The company operates its business through two segments: screen golf segment, which produces and distributes golf simulators through GOLFZON JAPAN and GOLFZON CHINA, and golf maintenance segment which installs and maintains golf simulators. The company distributes its products within domestic market and to overseas markets. GOLFZON VISION is the golf simulator for homes and businesses with 3D graphics technology.

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