Shinko Electric Industries Co (TSE:6967) Change In Receivables : 円7,116 Mil (TTM As of Mar. 2024)

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What is Shinko Electric Industries Co Change In Receivables?

Shinko Electric Industries Co's change in receivables for the quarter that ended in Mar. 2024 was 円656 Mil. It means Shinko Electric Industries Co's Accounts Receivable declined by 円656 Mil from Dec. 2023 to Mar. 2024 .

Shinko Electric Industries Co's change in receivables for the fiscal year that ended in Mar. 2024 was 円7,116 Mil. It means Shinko Electric Industries Co's Accounts Receivable declined by 円7,116 Mil from Mar. 2023 to Mar. 2024 .

Shinko Electric Industries Co's Accounts Receivable for the quarter that ended in Mar. 2024 was 円56,715 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. Shinko Electric Industries Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 97.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shinko Electric Industries Co's liquidation value for the three months ended in Mar. 2024 was 円11,966 Mil.

Shinko Electric Industries Co Change In Receivables Historical Data

The historical data trend for Shinko Electric Industries 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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Shinko Electric Industries Co Change In Receivables Chart

Shinko Electric Industries Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-5,081.00

-9,839.00

-26,972.00

15,193.00

7,116.00

Shinko Electric Industries 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															15,760.00	6,756.00	-3,511.00	3,215.00	656.00

Shinko Electric Industries 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 円7,116 Mil.

Shinko Electric Industries Co (TSE:6967) 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.

Shinko Electric Industries 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
=	56715	/	53334	*	91
=	97.03

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

Shinko Electric Industries 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)
=	82807	-	128773	+	0.75 * 56715	+	0.5 * 30791
=	11,966

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Shinko Electric Industries Co (TSE:6967) Business Description

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SKS:Germany

Address

80, Oshimada-machi, Nagano-shi, Nagano, JPN, 381-2287

Website

http://www.shinko.co.jp

Shinko Electric Industries Co Ltd is an integrated manufacturer of semiconductor packages. It houses eight core technologies that include hermetic seal technology, ceramic technology, multilayer build-up technology, integrated circuit assembly technology, and many others. Integrated circuit packages are the leading revenue generator, but hermetic seal tech is the traditional offering from Shinko. It connects glass and ceramics to various metals and is used in areas such as semiconductor lasers, and sensors for in-car use. The company also produces simulation technology that encompasses signal and power integrity of high-speed transmission lines and other solutions needed for high-performance semiconductor packages. Offices are located globally to serve a host of different industries.

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