Sumitomo Electric Industries (Sumitomo Electric Industries) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

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What is Sumitomo Electric Industries Change In Receivables?

Sumitomo Electric Industries's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Sumitomo Electric Industries's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Sumitomo Electric Industries's change in receivables for the fiscal year that ended in Mar. 2023 was $-309 Mil. It means Sumitomo Electric Industries's Accounts Receivable increased by $309 Mil from Mar. 2022 to Mar. 2023 .

Sumitomo Electric Industries's Accounts Receivable for the quarter that ended in Dec. 2023 was $5,948 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. Sumitomo Electric Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 67.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sumitomo Electric Industries's liquidation value for the three months ended in Dec. 2023 was $-4,004 Mil.

Sumitomo Electric Industries Change In Receivables Historical Data

The historical data trend for Sumitomo Electric Industries'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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Sumitomo Electric Industries Change In Receivables Chart

Sumitomo Electric Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-369.29

472.56

-610.25

-231.19

-308.54

Sumitomo Electric Industries 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															-	-	-	-	-

Sumitomo Electric Industries 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 $0 Mil.

Sumitomo Electric Industries (OTCPK:SMTOY) 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.

Sumitomo Electric Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5947.563	/	7985.908	*	91
=	67.96

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

Sumitomo Electric Industries'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)
=	2142.282	-	13731.549	+	0.75 * 5947.563	+	0.5 * 6249.108
=	-4,004

Sumitomo Electric Industries Change In Receivables Related Terms

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Sumitomo Electric Industries (Sumitomo Electric Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Electric Industries Ltd (OTCPK:SMTOY) » Definitions » Change In Receivables

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Traded in Other Exchanges

5802:Japan SMO:Germany

Address

4-5-33, Kitahama, Chuo-ku, Osaka, JPN, 541-0041

Website

http://www.sei.co.jp

Sumitomo Electric Industries Ltd manufactures and sells electric wires and cables, and other products. The company is engaged in diversified business activities supporting people's daily lives and industry through five business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automobile-related segment offers wire harnesses, rubber cushions, hoses for automobiles, automobile electrical parts and others. Sumitomo's Information Communications-related segment offers fiber-optic cables, electrical cables and equipment for communications use, optical communications-related parts and others. It derives most of the revenue from Japan.

Sumitomo Electric Industries (Sumitomo Electric Industries) Headlines

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