Cash and cash equivalents decreased to NT$119.43 billion. Days of inventory declined 4 days to 85 days.
Current Assets |
|||||
(Amount: NT$ billion) |
1Q24 |
4Q23 |
1Q23 |
||
Cash and Cash Equivalents |
119.43 |
132.55 |
171.83 |
||
Accounts Receivable |
30.68 |
29.59 |
27.07 |
||
Days Sales Outstanding |
50 |
50 |
54 |
||
Inventories, net |
34.59 |
35.71 |
32.68 |
||
Days of Inventory |
85 |
89 |
83 |
||
Total Current Assets |
205.16 |
216.80 |
241.97 |
||
Current liabilities decreased to NT$88.40 billion. Long-term credit/bonds decreased to NT$43.45 billion. Total liabilities decreased to NT$188.85 billion, leading to a debt to equity ratio of 50%.
Liabilities |
|||||
(Amount: NT$ billion) |
1Q24 |
4Q23 |
1Q23 |
||
Total Current Liabilities |
88.40 |
99.02 |
105.89 |
||
Accounts Payable |
7.46 |
7.53 |
9.21 |
||
Short-Term Credit / Bonds |
25.60 |
29.54 |
9.77 |
||
Payables on Equipment |
13.97 |
19.20 |
18.44 |
||
Other |
41.37 |
42.75 |
68.47 |
||
Long-Term Credit / Bonds |
43.45 |
45.24 |
37.30 |
||
Long-Term Investment Liabilities |
- |
- |
4.26 |
||
Total Liabilities |
188.85 |
199.61 |
194.08 |
||
Debt to Equity |
50% |
56% |
55% |
||
Analysis of Revenue2
Revenue from Asia-Pacific increased to 63% while business from North America grew to 25% of sales. Business from Europe declined to 8% while contribution from Japan remained at 4%.
| Revenue Breakdown by Region |
||||||||||
| Region |
1Q24 |
4Q23 |
3Q23 |
2Q23 |
1Q23 |
|||||
| North America |
25 |
% |
23 |
% |
27 |
% |
27 |
% |
31 |
% |
| Asia Pacific |
63 |
% |
62 |
% |
58 |
% |
56 |
% |
50 |
% |
| Europe |
8 |
% |
11 |
% |
12 |
% |
12 |
% |
11 |
% |
| Japan |
4 |
% |
4 |
% |
3 |
% |
5 |
% |
8 |
% |
