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Smart Radar System (XKRX:424960) Change In Receivables : ₩-802 Mil (TTM As of Mar. 2024)


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What is Smart Radar System Change In Receivables?

Smart Radar System's change in receivables for the quarter that ended in Mar. 2024 was ₩-1,053 Mil. It means Smart Radar System's Accounts Receivable increased by ₩1,053 Mil from Dec. 2023 to Mar. 2024 .

Smart Radar System's change in receivables for the fiscal year that ended in Dec. 2023 was ₩392 Mil. It means Smart Radar System's Accounts Receivable declined by ₩392 Mil from Dec. 2022 to Dec. 2023 .

Smart Radar System's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩1,319 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. Smart Radar System's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smart Radar System's liquidation value for the three months ended in Mar. 2024 was ₩15,560 Mil.

Smart Radar System Change In Receivables Historical Data

The historical data trend for Smart Radar System'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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Smart Radar System Change In Receivables Chart

Smart Radar System Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-1,012.22 893.02 -1,223.55 391.76

Smart Radar System Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial -763.58 329.68 - 250.91 -1,053.09

Smart Radar System 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 ₩-802 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.

Smart Radar System  (XKRX:424960) 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.

Smart Radar System's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1319.252/1973.828*91
=60.99

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

Smart Radar System'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)
=17598.321-4570.749+0.75 * 1319.252+0.5 * 3085.705
=15,560

* 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.

Smart Radar System Change In Receivables Related Terms

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Smart Radar System (XKRX:424960) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Smart Radar System Inc (XKRX:424960) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496
Website
https://www.smartradarsystem.com
Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

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