Incar Financial Service Co (XKRX:211050) Change In Receivables : ₩-31,222 Mil (TTM As of Mar. 2024)

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What is Incar Financial Service Co Change In Receivables?

Incar Financial Service Co's change in receivables for the quarter that ended in Mar. 2024 was ₩-17,710 Mil. It means Incar Financial Service Co's Accounts Receivable increased by ₩17,710 Mil from Dec. 2023 to Mar. 2024 .

Incar Financial Service Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-25,409 Mil. It means Incar Financial Service Co's Accounts Receivable increased by ₩25,409 Mil from Dec. 2022 to Dec. 2023 .

Incar Financial Service Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩0 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. Incar Financial Service Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Incar Financial Service Co's liquidation value for the three months ended in Mar. 2024 was ₩-426,229 Mil.

Incar Financial Service Co Change In Receivables Historical Data

The historical data trend for Incar Financial Service 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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Incar Financial Service Co Change In Receivables Chart

Incar Financial Service Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-7,426.65

-5,574.52

-1,813.95

-15,201.50

-25,409.10

Incar Financial Service Co Quarterly Data
	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											-11,897.43	-5,754.69	5,066.87	-12,823.85	-17,710.09

Incar Financial Service 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 ₩-31,222 Mil.

Incar Financial Service Co (XKRX:211050) 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.

Incar Financial Service 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
=	0	/	185959.471	*	91
=	0.00

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

Incar Financial Service 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)
=	56011.549	-	482240.681	+	0.75 * 0	+	0.5 * 0
=	-426,229

Incar Financial Service Co Change In Receivables Related Terms

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Incar Financial Service Co (XKRX:211050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Incar Financial Service Co Ltd (XKRX:211050) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

7 Seoul Forest Road 27, Kolon Digital Tower 2nd floor, This holy gu, Seoul, KOR, 04 780

Website

http://www.incar.co.kr

Incar Financial Service Co Ltd is a financial sales company that provides all banking products such as banks and securities. It mainly engaged in insurance and pension-related business. The company also offers various customized comprehensive asset management consulting services.

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