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Transcend Information (TPE:2451) Accounts Receivable : NT$1,222 Mil (As of Mar. 2024)


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What is Transcend Information Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Transcend Information's accounts receivables for the quarter that ended in Mar. 2024 was NT$1,222 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Transcend Information's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 40.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Transcend Information's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$19.01.


Transcend Information Accounts Receivable Historical Data

The historical data trend for Transcend Information's Accounts Receivable 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.

Transcend Information Accounts Receivable Chart

Transcend Information Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,147.56 1,478.54 1,434.45 1,622.48 1,217.94

Transcend Information Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Accounts Receivable 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 1,217.94 1,316.99 1,294.48 1,460.31 1,222.30

Transcend Information Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Transcend Information Accounts Receivable 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 receivables are being managed.

Transcend Information's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1222.303/2732.286*91
=40.82

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Transcend Information's accounts receivable are only considered to be worth 75% of book value:

Transcend Information's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9549.632+0.75 * 1222.303+0.5 * 5702.844-5160.084
-0-0)/429.062
=19.01

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Transcend Information Accounts Receivable Related Terms

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Transcend Information (TPE:2451) Business Description

Traded in Other Exchanges
N/A
Address
No. 70, XingZhong Road, NeiHu District, Taipei, TWN
Transcend Information Inc manufactures and distributes memory products for applications in gaming, transportation, healthcare, automation, and military applications. Its product portfolio includes solid-state drives, body cameras, personal cloud storage, memory cards, USB flash drives, memory modules, card readers, and multimedia products. The firm generates revenue in the Americas, Europe, Taiwan, and other countries in the Asia-Pacific region.

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