Aces Electronic Co (TPE:3605) Change In Receivables : NT$17 Mil (TTM As of Mar. 2024)

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What is Aces Electronic Co Change In Receivables?

Aces Electronic Co's change in receivables for the quarter that ended in Mar. 2024 was NT$69 Mil. It means Aces Electronic Co's Accounts Receivable declined by NT$69 Mil from Dec. 2023 to Mar. 2024 .

Aces Electronic Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$35 Mil. It means Aces Electronic Co's Accounts Receivable declined by NT$35 Mil from Dec. 2022 to Dec. 2023 .

Aces Electronic Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$2,372 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. Aces Electronic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 111.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aces Electronic Co's liquidation value for the three months ended in Mar. 2024 was NT$-2,871 Mil.

Aces Electronic Co Change In Receivables Historical Data

The historical data trend for Aces Electronic 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.

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Aces Electronic Co Change In Receivables Chart

Aces Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-204.19

160.77

-86.67

208.52

35.22

Aces Electronic 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															86.59	-107.78	-131.65	188.05	68.71

Aces Electronic 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$17 Mil.

Aces Electronic Co (TPE:3605) 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.

Aces Electronic 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
=	2372.286	/	1943.259	*	91
=	111.40

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

Aces Electronic 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)
=	1988.172	-	7277.935	+	0.75 * 2372.286	+	0.5 * 1279.569
=	-2,871

Aces Electronic Co Change In Receivables Related Terms

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Aces Electronic Co (TPE:3605) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No.13,Dongyuan Road, Zhongli District, Taoyuan, TWN, 32063

Website

http://www.acesconn.com

Aces Electronic Co Ltd is engaged in the electronic components business sector. The company offers connector solutions for various electronic applications like NB computers, cellular phones, digital cameras, and others. Aces provide shorter product development and production cycles for businesses. Its product portfolio consists of btb conn, card conn, battery conn, universal serial bus conn, power conn, and other. The Company has 4 reporting segments: connector, connector sets, metal stamping segment and other segment. The connector segment is mainly engaging in processing, manufacturing and selling of connectors. The connector sets segment is mainly engaging in manufacturing and sales of consumer electronics, communication peripherals and industrial connectors sets.

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