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Asahi Kasei (TSE:3407) Change In Receivables : 円-19,087 Mil (TTM As of Mar. 2024)


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What is Asahi Kasei Change In Receivables?

Asahi Kasei's change in receivables for the quarter that ended in Mar. 2024 was 円-195 Mil. It means Asahi Kasei's Accounts Receivable increased by 円195 Mil from Dec. 2023 to Mar. 2024 .

Asahi Kasei's change in receivables for the fiscal year that ended in Mar. 2024 was 円-19,087 Mil. It means Asahi Kasei's Accounts Receivable increased by 円19,087 Mil from Mar. 2023 to Mar. 2024 .

Asahi Kasei's Accounts Receivable for the quarter that ended in Mar. 2024 was 円485,941 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. Asahi Kasei's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asahi Kasei's liquidation value for the three months ended in Mar. 2024 was 円-772,123 Mil.


Asahi Kasei Change In Receivables Historical Data

The historical data trend for Asahi Kasei'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.

Asahi Kasei Change In Receivables Chart

Asahi Kasei Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,919.00 5,214.00 -45,911.00 8,405.00 -19,087.00

Asahi Kasei 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,695.00 17,959.00 -31,584.00 -5,267.00 -195.00

Asahi Kasei 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 円-19,087 Mil.

* 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.


Asahi Kasei  (TSE:3407) 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.

Asahi Kasei's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=485941/720732*91
=61.52

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

Asahi Kasei'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)
=338108-1814105+0.75 * 485941+0.5 * 678836
=-772,123

* 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.


Asahi Kasei Change In Receivables Related Terms

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Asahi Kasei (TSE:3407) Business Description

Traded in Other Exchanges
Address
1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101
Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.

Asahi Kasei (TSE:3407) Headlines

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