Largan Precision Co (TPE:3008) Change In Receivables : NT$-563 Mil (TTM As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Largan Precision Co Change In Receivables?

Largan Precision Co's change in receivables for the quarter that ended in Mar. 2024 was NT$3,205 Mil. It means Largan Precision Co's Accounts Receivable declined by NT$3,205 Mil from Dec. 2023 to Mar. 2024 .

Largan Precision Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-2,041 Mil. It means Largan Precision Co's Accounts Receivable increased by NT$2,041 Mil from Dec. 2022 to Dec. 2023 .

Largan Precision Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$6,886 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. Largan Precision Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Largan Precision Co's liquidation value for the three months ended in Mar. 2024 was NT$96,366 Mil.

Largan Precision Co Change In Receivables Historical Data

The historical data trend for Largan Precision Co'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.

Largan Precision Co Change In Receivables Chart

Largan Precision Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-3,734.63

4,055.13

1,227.68

1,887.57

-2,040.60

Largan Precision Co 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															1,727.59	1,295.48	-5,350.75	287.09	3,205.03

Largan Precision Co 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$-563 Mil.

Largan Precision Co (TPE:3008) 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.

Largan Precision Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6886.432	/	11313.191	*	91
=	55.54

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

Largan Precision Co'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)
=	126766.098	-	37826.009	+	0.75 * 6886.432	+	0.5 * 4522.937
=	96,366

Largan Precision Co Change In Receivables Related Terms

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

Largan Precision Co (TPE:3008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Largan Precision Co Ltd (TPE:3008) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Jingke Road, Nantun District, Taichung, TWN, 40852

Website

http://www.largan.com.tw

Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost 30 years of experience in the production of optical lenses, namely, plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose sons Lin En Ping and Lin En Zhou serve as the current CEO and Chairman, respectively. Largan is headquartered and mainly operates in Taichung City, Taiwan and employs 7,704 people as of 2023.

Largan Precision Co (TPE:3008) Headlines

No Headlines