Ruentex Industries (TPE:2915) Change In Receivables : NT$46 Mil (TTM As of Mar. 2024)

View and export this data going back to 1977. Start your Free Trial

What is Ruentex Industries Change In Receivables?

Ruentex Industries's change in receivables for the quarter that ended in Mar. 2024 was NT$-15 Mil. It means Ruentex Industries's Accounts Receivable increased by NT$15 Mil from Dec. 2023 to Mar. 2024 .

Ruentex Industries's change in receivables for the fiscal year that ended in Dec. 2023 was NT$46 Mil. It means Ruentex Industries's Accounts Receivable declined by NT$46 Mil from Dec. 2022 to Dec. 2023 .

Ruentex Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$174 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. Ruentex Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ruentex Industries's liquidation value for the three months ended in Mar. 2024 was NT$-5,940 Mil.

Ruentex Industries Change In Receivables Historical Data

The historical data trend for Ruentex Industries'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.

Ruentex Industries Change In Receivables Chart

Ruentex Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

235.11

75.09

-17.90

-20.73

45.94

Ruentex Industries 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															-14.66	49.87	34.25	-23.52	-14.54

Ruentex Industries 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 NT$46 Mil.

Ruentex Industries (TPE:2915) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	174.271	/	702.431	*	91
=	22.64

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

Ruentex Industries'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)
=	3687.723	-	10005.246	+	0.75 * 174.271	+	0.5 * 493.676
=	-5,940

Ruentex Industries Change In Receivables Related Terms

Thank you for viewing the detailed overview of Ruentex Industries's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Ruentex Industries (TPE:2915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ruentex Industries Ltd (TPE:2915) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.308, Section 2, Bade Road, 13th Floor, Taipei, TWN

Website

https://www.ruentex.com.tw

Ruentex Industries Ltd is a textile business based in Taiwan. The company generates the majority of its revenue domestically, and a small portion from the rest of Asia, through five segments. The investment segment invests in, constructs, and leases commercial buildings and government-funded residential housing units. The hypermarket segment derives the majority of revenue from imports and exports of textiles. The textile department engages in the yarning of cotton, wool, chemical fibers, and synthetic fibers. The retailing segment retails men's and women's clothing, underwear, and bags under several brand names such as Nautica and Jeep. The smallest segment, construction, manufactures, processes, and markets construction materials.

Ruentex Industries (TPE:2915) Headlines

No Headlines