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Nippon Steel (Nippon Steel) Change In Receivables : $370 Mil (TTM As of Mar. 2024)


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What is Nippon Steel Change In Receivables?

Nippon Steel's change in receivables for the quarter that ended in Mar. 2024 was $102 Mil. It means Nippon Steel's Accounts Receivable declined by $102 Mil from Dec. 2023 to Mar. 2024 .

Nippon Steel's change in receivables for the fiscal year that ended in Mar. 2024 was $335 Mil. It means Nippon Steel's Accounts Receivable declined by $335 Mil from Mar. 2023 to Mar. 2024 .

Nippon Steel's Accounts Receivable for the quarter that ended in Mar. 2024 was $10,599 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. Nippon Steel's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nippon Steel's liquidation value for the three months ended in Mar. 2024 was $-16,998 Mil.

Nippon Steel Change In Receivables Historical Data

The historical data trend for Nippon Steel'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.

Nippon Steel Change In Receivables Chart

Nippon Steel 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 1,464.09 -246.32 -980.31 -611.95 334.58

Nippon Steel 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 -474.27 837.47 -392.50 -176.82 101.66

Nippon Steel 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 $370 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.

Nippon Steel  (OTCPK:NPSCY) 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.

Nippon Steel's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10599.345/14859.844*91
=65.09

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

Nippon Steel'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)
=3222.691-35768.256+0.75 * 10599.345+0.5 * 15196.144
=-16,998

* 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.

Nippon Steel Change In Receivables Related Terms

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Nippon Steel (Nippon Steel) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nippon Steel Corp (OTCPK:NPSCY) » Definitions » Change In Receivables
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TSE:5411 TSE:5406 TSE:5444 TSE:5471 TSE:5463 TSE:5423 TSE:5481 NGO:7485 TSE:5451 TSE:5449 NUE XKRX:005490 BOM:500228 XAMS:MT NSE:TATASTEEL STLD SHSE:600019 RS TPE:2002 MIC:CHMF
Traded in Other Exchanges
NISTF:USA 5401:Japan NPS:Germany
Address
6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8071
Website
https://www.nipponsteel.com
Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.