Nissan Motor Co (Nissan Motor Co) Change In Receivables : $-2,347 Mil (TTM As of Dec. 2023)

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What is Nissan Motor Co Change In Receivables?

Nissan Motor Co's change in receivables for the quarter that ended in Dec. 2023 was $43 Mil. It means Nissan Motor Co's Accounts Receivable declined by $43 Mil from Sep. 2023 to Dec. 2023 .

Nissan Motor Co's change in receivables for the fiscal year that ended in Mar. 2023 was $402 Mil. It means Nissan Motor Co's Accounts Receivable declined by $402 Mil from Mar. 2022 to Mar. 2023 .

Nissan Motor Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $2,919 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. Nissan Motor Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nissan Motor Co's liquidation value for the three months ended in Dec. 2023 was $-64,586 Mil.

Nissan Motor Co Change In Receivables Historical Data

The historical data trend for Nissan Motor 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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Nissan Motor Co Change In Receivables Chart

Nissan Motor Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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2,839.70

7,515.30

5,835.66

5,199.81

402.00

Nissan Motor Co 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															-489.04	-1,795.89	412.00	-1,006.03	43.26

Nissan Motor 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,347 Mil.

Nissan Motor Co (OTCPK:NSANY) 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.

Nissan Motor Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2919.431	/	21586.523	*	91
=	12.34

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

Nissan Motor Co'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)
=	12215.736	-	86168.987	+	0.75 * 2919.431	+	0.5 * 14354.525
=	-64,586

Nissan Motor Co Change In Receivables Related Terms

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Nissan Motor Co (Nissan Motor Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nissan Motor Co Ltd (OTCPK:NSANY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

NSANF:USA 7201:Japan NISA:Germany NISA:Austria

Address

1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686

Website

http://www.nissan-global.com

While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.