Nitto Denko (Nitto Denko) Change In Receivables : $51 Mil (TTM As of Dec. 2023)

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What is Nitto Denko Change In Receivables?

Nitto Denko's change in receivables for the quarter that ended in Dec. 2023 was $42 Mil. It means Nitto Denko's Accounts Receivable declined by $42 Mil from Sep. 2023 to Dec. 2023 .

Nitto Denko's change in receivables for the fiscal year that ended in Mar. 2023 was $333 Mil. It means Nitto Denko's Accounts Receivable declined by $333 Mil from Mar. 2022 to Mar. 2023 .

Nitto Denko's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,464 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. Nitto Denko's Days Sales Outstanding for the three months ended in Dec. 2023 was 78.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nitto Denko's liquidation value for the three months ended in Dec. 2023 was $2,031 Mil.

Nitto Denko Change In Receivables Historical Data

The historical data trend for Nitto Denko'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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Nitto Denko Change In Receivables Chart

Nitto Denko Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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208.27

118.93

-193.73

-85.33

332.86

Nitto Denko Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															240.44	237.27	-78.52	-149.68	41.57

Nitto Denko 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $51 Mil.

Nitto Denko (OTCPK:NDEKY) 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.

Nitto Denko's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1463.987	/	1698.524	*	91
=	78.65

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

Nitto Denko's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2205.7	-	1758.184	+	0.75 * 1463.987	+	0.5 * 971.396
=	2,031

Nitto Denko Change In Receivables Related Terms

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Nitto Denko (Nitto Denko) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nitto Denko Corp (OTCPK:NDEKY) » Definitions » Change In Receivables

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NDEKF:USA 6988:Japan ND5:Germany

Address

4-20, Ofuka-Cho, 33rd Floor, Grand Front Osaka, Kita-Ku, Osaka, JPN, 530-0011

Website

http://www.nitto.com

Nitto Denko Corp manufactures and sells a variety of industrial and electronics products. The company sells tape products, which include masking tape for painting and printed-circuit boards, double sided tapes, electrical tape, and sealant materials used in the construction industry. Nitto Denko also sells film products, which include surface protective film, fluoroplastic films used to seal pipes and air filters, and porous film that allows air to pass through but seals water and other liquids. The firm also produces electronics, which include flexible printed circuit boards for smartphones and tablets, and medical products such as drug delivery patches and adhesive sheets.

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