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Konan Technology (XKRX:402030) Accounts Receivable : ₩1,413 Mil (As of Mar. 2024)


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What is Konan Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Konan Technology's accounts receivables for the quarter that ended in Mar. 2024 was ₩1,413 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Konan Technology's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 50.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Konan Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₩253.87.


Konan Technology Accounts Receivable Historical Data

The historical data trend for Konan Technology'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.

Konan Technology Accounts Receivable Chart

Konan Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Receivable
2,030.25 2,133.94 1,900.51 2,195.24

Konan Technology Quarterly Data
Mar21 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 1,196.38 2,090.13 700.48 4,243.96 1,412.91

Konan Technology Accounts Receivable Calculation

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


Konan Technology 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1412.905/2572.663*91
=50.11

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

Konan Technology'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)
=(18943.143+0.75 * 1412.905+0.5 * 0-17103.223
-0-0)/11.4217
=253.87

* 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.


Konan Technology Accounts Receivable Related Terms

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Konan Technology (XKRX:402030) Business Description

Traded in Other Exchanges
N/A
Address
Daeryung Seocho Tower, 327, 6th and 7th Floor, Gangnam-daero, Seocho-gu, Seoul, KOR, 137-751
Konan Technology Inc provides the smartest search/analysis/recommendation software and data service based on language and multimedia analysis technology. Its solutions comprise Crawler Solution, Analysis Solution, Search Solution, Content Management Solution, Mobile Solution.

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