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Getac Holdings (TPE:3005) Accounts Receivable : NT$8,017 Mil (As of Mar. 2024)


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What is Getac Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Getac Holdings's accounts receivables for the quarter that ended in Mar. 2024 was NT$8,017 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Getac Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 84.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Getac Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-0.28.


Getac Holdings Accounts Receivable Historical Data

The historical data trend for Getac Holdings'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.

Getac Holdings Accounts Receivable Chart

Getac Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,355.52 7,513.62 7,455.20 7,154.33 8,623.95

Getac Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 7,038.25 8,204.85 8,565.21 8,623.95 8,017.19

Getac Holdings Accounts Receivable Calculation

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


Getac Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8017.186/8705.374*91
=84.04

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

Getac Holdings'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)
=(13656.997+0.75 * 8017.186+0.5 * 6118.673-20623.722
-0-2277.172)/611.761
=-0.28

* 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.


Getac Holdings Accounts Receivable Related Terms

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Getac Holdings (TPE:3005) Business Description

Traded in Other Exchanges
N/A
Address
No. 209, Building A, Nangang Road, Section 1, 5th Floor, Taipei, TWN, 11568
Getac Holdings Corp is a manufacturer of rugged notebooks, tablets, and personal computers. Its products can be used in extreme environments such as sandstorms and blizzards and can withstand a wide range of temperatures. Their functionality includes modularity and flexibility of military interfaces and readability in pitch darkness with night vision goggles. The firm offers bespoke hardware solutions to meet specific client requirements as well. The firm has operations in North America, Asia, and Europe. The reportable segments of the company are Electronic parts, Structure parts and Aerospace fastener. Majority of revenue is generated from the electronic parts segment.

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