GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arizon RFID Technology (Cayman) Co Ltd (TPE:6863) » Definitions » Change In Receivables

Arizon RFID Technology (Cayman) Co (TPE:6863) Change In Receivables : NT$-474 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Arizon RFID Technology (Cayman) Co Change In Receivables?

Arizon RFID Technology (Cayman) Co's change in receivables for the quarter that ended in Mar. 2024 was NT$-110 Mil. It means Arizon RFID Technology (Cayman) Co's Accounts Receivable increased by NT$110 Mil from Dec. 2023 to Mar. 2024 .

Arizon RFID Technology (Cayman) Co's change in receivables for the fiscal year that ended in Dec. 2023 was NT$-452 Mil. It means Arizon RFID Technology (Cayman) Co's Accounts Receivable increased by NT$452 Mil from Dec. 2022 to Dec. 2023 .

Arizon RFID Technology (Cayman) Co's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$807 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. Arizon RFID Technology (Cayman) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 81.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arizon RFID Technology (Cayman) Co's liquidation value for the three months ended in Mar. 2024 was NT$1,813 Mil.


Arizon RFID Technology (Cayman) Co Change In Receivables Historical Data

The historical data trend for Arizon RFID Technology (Cayman) 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.

Arizon RFID Technology (Cayman) Co Change In Receivables Chart

Arizon RFID Technology (Cayman) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-45.02 -14.27 106.46 -452.03

Arizon RFID Technology (Cayman) Co Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -87.79 -31.26 -118.62 -214.36 -110.23

Arizon RFID Technology (Cayman) 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$-474 Mil.

* 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.


Arizon RFID Technology (Cayman) Co  (TPE:6863) 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.

Arizon RFID Technology (Cayman) 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
=807.223/901.118*91
=81.74

2. In Ben Graham's calculation of liquidation value, Arizon RFID Technology (Cayman) Co's accounts receivable are only considered to be worth 75% of book value:

Arizon RFID Technology (Cayman) 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)
=2163.117-1397.711+0.75 * 807.223+0.5 * 884.593
=1,813

* 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.


Arizon RFID Technology (Cayman) Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Arizon RFID Technology (Cayman) Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Arizon RFID Technology (Cayman) Co (TPE:6863) Business Description

Traded in Other Exchanges
N/A
Address
No.88 Wuzhou East Road, Economic Development Zone, Jiangsu Province, Yangzhou, CHN, 225101
Arizon RFID Technology (Cayman) Co Ltd engages in the manufacturing of RFID ODM components. The firm offers various products including Antenna, Electronic shelf labels (ESL), RFID Tags, RFID UHF Fixed Readers, and RFID UHF Handheld Readers. The customers can benefit from using finger sized tags in different fields and environments, to accelerate the efficiency of logistics and management, reduce inventory accumulation, eliminate waste of consumables, and achieve improvement of environment and resources.

Arizon RFID Technology (Cayman) Co (TPE:6863) Headlines

No Headlines