Nippon Gas Co (FRA:NG0) Change In Receivables : €13 Mil (TTM As of Mar. 2024)

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What is Nippon Gas Co Change In Receivables?

Nippon Gas Co's change in receivables for the quarter that ended in Mar. 2024 was €-15 Mil. It means Nippon Gas Co's Accounts Receivable increased by €15 Mil from Dec. 2023 to Mar. 2024 .

Nippon Gas Co's change in receivables for the fiscal year that ended in Mar. 2024 was €10 Mil. It means Nippon Gas Co's Accounts Receivable declined by €10 Mil from Mar. 2023 to Mar. 2024 .

Nippon Gas Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €178 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. Nippon Gas Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nippon Gas Co's liquidation value for the three months ended in Mar. 2024 was €-267 Mil.

Nippon Gas Co Change In Receivables Historical Data

The historical data trend for Nippon Gas 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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Nippon Gas Co Change In Receivables Chart

Nippon Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-28.39

-34.24

-28.82

-34.70

10.37

Nippon Gas 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															4.65	59.80	7.69	-39.47	-15.27

Nippon Gas 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.

Nippon Gas Co (FRA:NG0) 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.

Nippon Gas 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
=	178.021	/	366.548	*	91
=	44.32

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

Nippon Gas 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)
=	116.613	-	531.145	+	0.75 * 178.021	+	0.5 * 28.211
=	-267

Nippon Gas Co Change In Receivables Related Terms

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Nippon Gas Co (FRA:NG0) Business Description

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8174:Japan

Address

10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540

Website

http://www.nichigas.co.jp

Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

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