Daikin Industries (Daikin Industries) Change In Receivables : $-63 Mil (TTM As of Dec. 2023)

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What is Daikin Industries Change In Receivables?

Daikin Industries's change in receivables for the quarter that ended in Dec. 2023 was $295 Mil. It means Daikin Industries's Accounts Receivable declined by $295 Mil from Sep. 2023 to Dec. 2023 .

Daikin Industries's change in receivables for the fiscal year that ended in Mar. 2023 was $-462 Mil. It means Daikin Industries's Accounts Receivable increased by $462 Mil from Mar. 2022 to Mar. 2023 .

Daikin Industries's Accounts Receivable for the quarter that ended in Dec. 2023 was $4,813 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. Daikin Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Daikin Industries's liquidation value for the three months ended in Dec. 2023 was $-2,666 Mil.

Daikin Industries Change In Receivables Historical Data

The historical data trend for Daikin 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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Daikin Industries Change In Receivables Chart

Daikin Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-338.64

-8.82

-9.43

-646.70

-462.46

Daikin 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															322.45	-400.81	-272.03	314.46	295.35

Daikin 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 $-63 Mil.

Daikin Industries (OTCPK:DKILY) 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.

Daikin 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
=	4812.563	/	7212.718	*	91
=	60.89

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

Daikin 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)
=	4994.426	-	14968.117	+	0.75 * 4812.563	+	0.5 * 7396.013
=	-2,666

Daikin Industries Change In Receivables Related Terms

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Daikin Industries (Daikin Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daikin Industries Ltd (OTCPK:DKILY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

DKILF:USA 6367:Japan DKIA:Germany DKI:Austria

Address

Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323

Website

http://www.daikin.com

Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (Daikin Industries) Headlines

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