Kirin Holdings Co (Kirin Holdings Co) Change In Receivables : $-305 Mil (TTM As of Mar. 2024)

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What is Kirin Holdings Co Change In Receivables?

Kirin Holdings Co's change in receivables for the quarter that ended in Mar. 2024 was $332 Mil. It means Kirin Holdings Co's Accounts Receivable declined by $332 Mil from Dec. 2023 to Mar. 2024 .

Kirin Holdings Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-93 Mil. It means Kirin Holdings Co's Accounts Receivable increased by $93 Mil from Dec. 2022 to Dec. 2023 .

Kirin Holdings Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,695 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. Kirin Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kirin Holdings Co's liquidation value for the three months ended in Mar. 2024 was $-6,058 Mil.

Kirin Holdings Co Change In Receivables Historical Data

The historical data trend for Kirin Holdings 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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Kirin Holdings Co Change In Receivables Chart

Kirin Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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56.66

36.43

-79.99

-62.67

-92.82

Kirin Holdings 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															596.13	-137.76	-446.05	-52.97	332.09

Kirin Holdings 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 $-305 Mil.

Kirin Holdings Co (OTCPK:KNBWY) 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.

Kirin Holdings 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
=	2695.373	/	3349.13	*	91
=	73.44

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

Kirin Holdings 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)
=	1068.926	-	10327.423	+	0.75 * 2695.373	+	0.5 * 2356.957
=	-6,058

Kirin Holdings Co Change In Receivables Related Terms

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Kirin Holdings Co (Kirin Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Kirin Holdings Co Ltd (OTCPK:KNBWY) » Definitions » Change In Receivables

Traded in Other Exchanges

KNBWF:USA 2503:Japan KIR:Germany

Address

Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, JPN, 164-0001

Website

http://www.kirinholdings.co.jp

Kirin is the second largest brewer by value in Japan, with an estimated 35.7% volume share in beer and beer-like category as of 2022. It holds a top share in happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of acholic and soft beverage products in Japan. It made several acquisitions including Lion Nathan and National Foods in Oceania, the Brazilian brewer Schincariol, and Myanmar Brewery, but has divested most of the acquired businesses except Lion. It has shifted focus back to the domestic brewery after a painful exit from Brazil in 2017 and identified craft beer and wellness as new growth drivers. Overseas business represents about 40% of group's sales. It also owns a 48.6% stake in the largest Filipino brewer San Miguel.

Kirin Holdings Co (Kirin Holdings Co) Headlines

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