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Piolax (TSE:5988) Change In Receivables : 円0 Mil (TTM As of Dec. 2023)


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What is Piolax Change In Receivables?

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

Piolax's change in receivables for the fiscal year that ended in Mar. 2024 was 円-80 Mil. It means Piolax's Accounts Receivable increased by 円80 Mil from Mar. 2023 to Mar. 2024 .

Piolax's Accounts Receivable for the quarter that ended in Dec. 2023 was 円14,501 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. Piolax's Days Sales Outstanding for the three months ended in Dec. 2023 was 76.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Piolax's liquidation value for the three months ended in Dec. 2023 was 円40,753 Mil.


Piolax Change In Receivables Historical Data

The historical data trend for Piolax'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.

Piolax Change In Receivables Chart

Piolax 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 927.00 -610.00 1,789.00 -826.00 -80.00

Piolax 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 - - - - -

Piolax 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 円0 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.


Piolax  (TSE:5988) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14501/17206*91
=76.90

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

Piolax'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)
=38224-13886+0.75 * 14501+0.5 * 11078
=40,753

* 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.


Piolax Change In Receivables Related Terms

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Piolax (TSE:5988) Business Description

Traded in Other Exchanges
N/A
Address
51 Iwai-chou Hotogaya-ku, Yokohama-shi, Kanagawa, JPN, 2400023
Piolax Inc is an automobile-related product producer. The company through its subsidiaries engages in two businesses automobile-related product and medical-related products in the US, UK, China, Thailand, and Indonesia. Its product portfolio includes coil springs, flat springs, wire forms, metal and plastic fasteners and unit assembly parts. It also produces equipment's to serve the medical industry which includes spiral catheter, and stent.

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