Daito Trust Construction Co (Daito Trust Construction Co) Change In Receivables : $13 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Daito Trust Construction Co Change In Receivables?

Daito Trust Construction Co's change in receivables for the quarter that ended in Mar. 2024 was $157 Mil. It means Daito Trust Construction Co's Accounts Receivable declined by $157 Mil from Dec. 2023 to Mar. 2024 .

Daito Trust Construction Co's change in receivables for the fiscal year that ended in Mar. 2024 was $19 Mil. It means Daito Trust Construction Co's Accounts Receivable declined by $19 Mil from Mar. 2023 to Mar. 2024 .

Daito Trust Construction Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $391 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. Daito Trust Construction Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Daito Trust Construction Co's liquidation value for the three months ended in Mar. 2024 was $-2,241 Mil.

Daito Trust Construction Co Change In Receivables Historical Data

The historical data trend for Daito Trust Construction 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.

* Premium members only.

Daito Trust Construction Co Change In Receivables Chart

Daito Trust Construction Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

-403.69

286.86

45.33

19.99

18.64

Daito Trust Construction Co 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															148.22	22.33	-1.62	-163.94	156.72

Daito Trust Construction 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 $13 Mil.

Daito Trust Construction Co (OTCPK:DITTF) 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.

Daito Trust Construction 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
=	390.906	/	3081.306	*	91
=	11.58

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

Daito Trust Construction 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)
=	1665.721	-	4500.583	+	0.75 * 390.906	+	0.5 * 601.955
=	-2,241

Daito Trust Construction Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Daito Trust Construction Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Daito Trust Construction Co (Daito Trust Construction Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daito Trust Construction Co Ltd (OTCPK:DITTF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

DIFTY:USA 1878:Japan 4D7:Germany

Address

2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211

Website

http://www.kentaku.co.jp

Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (Daito Trust Construction Co) Headlines

From GuruFocus

Bernard Horn Comments on Daito Trust Construction

By Sydnee Gatewood • 10-27-2021

Daito Trust Construction Co Stock Appears To Be Modestly Undervalued

By GF Value GF Value • 05-05-2021