Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Change In Receivables : $-1,346 Mil (TTM As of Dec. 2023)

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What is Mitsubishi Heavy Industries Change In Receivables?

Mitsubishi Heavy Industries's change in receivables for the quarter that ended in Dec. 2023 was $-1,052 Mil. It means Mitsubishi Heavy Industries's Accounts Receivable increased by $1,052 Mil from Sep. 2023 to Dec. 2023 .

Mitsubishi Heavy Industries's change in receivables for the fiscal year that ended in Mar. 2023 was $-729 Mil. It means Mitsubishi Heavy Industries's Accounts Receivable increased by $729 Mil from Mar. 2022 to Mar. 2023 .

Mitsubishi Heavy Industries's Accounts Receivable for the quarter that ended in Dec. 2023 was $6,007 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. Mitsubishi Heavy Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mitsubishi Heavy Industries's liquidation value for the three months ended in Dec. 2023 was $-17,168 Mil.

Mitsubishi Heavy Industries Change In Receivables Historical Data

The historical data trend for Mitsubishi Heavy 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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Mitsubishi Heavy Industries Change In Receivables Chart

Mitsubishi Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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1,350.03

1,035.87

-215.56

-925.58

-729.28

Mitsubishi Heavy 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															-610.16	-247.31	443.22	-489.84	-1,051.90

Mitsubishi Heavy 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 $-1,346 Mil.

Mitsubishi Heavy Industries (OTCPK:MHVYF) 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.

Mitsubishi Heavy 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
=	6007.216	/	8274.633	*	91
=	66.25

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

Mitsubishi Heavy 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)
=	2418.922	-	27710.956	+	0.75 * 6007.216	+	0.5 * 7236.478
=	-17,168

Mitsubishi Heavy Industries Change In Receivables Related Terms

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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Business Description

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Traded in Other Exchanges

7011:Japan MIH:Germany

Address

2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332

Website

https://www.mhi.com

Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.