KT&G (XKRX:033780) Change In Receivables : ₩188,306 Mil (TTM As of Mar. 2024)

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What is KT&G Change In Receivables?

KT&G's change in receivables for the quarter that ended in Mar. 2024 was ₩-9,445 Mil. It means KT&G's Accounts Receivable increased by ₩9,445 Mil from Dec. 2023 to Mar. 2024 .

KT&G's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-45,334 Mil. It means KT&G's Accounts Receivable increased by ₩45,334 Mil from Dec. 2022 to Dec. 2023 .

KT&G's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩1,231,506 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. KT&G's Days Sales Outstanding for the three months ended in Mar. 2024 was 86.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. KT&G's liquidation value for the three months ended in Mar. 2024 was ₩223,720 Mil.

KT&G Change In Receivables Historical Data

The historical data trend for KT&G'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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KT&G Change In Receivables Chart

KT&G Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-144,094.00

-235,740.00

201,927.00

-510,093.00

-45,334.00

KT&G 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															-243,085.00	-93,114.00	-256,106.00	546,971.00	-9,445.00

KT&G 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 ₩188,306 Mil.

KT&G (XKRX:033780) 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.

KT&G's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1231506	/	1292261	*	91
=	86.96

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

KT&G'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)
=	1923370	-	4071812	+	0.75 * 1231506	+	0.5 * 2897065
=	223,720

KT&G Change In Receivables Related Terms

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KT&G (XKRX:033780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » KT&G Corp (XKRX:033780) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

100, Pyong chon-dong, Daedeog-gu, Daejeon, KOR, 306-712

Website

http://www.ktng.com

KT&G primarily manufactures and sells tobacco products in South Korea. Its flagship cigarette brand is Esse. Other brands include This, The One, Bohem, and Raison. More than two thirds of the company's revenue come from tobacco sales in South Korea. Tobacco sales outside of South Korea generate another fourth of the company's total revenue and are primarily generated in the Middle East and Asia, although the company sells its product in roughly 50 countries spanning the globe. The remaining company sales are from KT&G's businesses that invest in real estate and sell ginseng products, cosmetics, and pharmaceuticals.

KT&G (XKRX:033780) Headlines

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