Meiji Holdings Co (TSE:2269) Change In Receivables

: 円-4,074 Mil (TTM As of Dec. 2023)

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Meiji Holdings Co's change in receivables for the quarter that ended in Dec. 2023 was 円-8,130 Mil. It means Meiji Holdings Co's Accounts Receivable increased by 円8,130 Mil from Sep. 2023 to Dec. 2023 .

Meiji Holdings Co's change in receivables for the fiscal year that ended in Mar. 2023 was 円-5,100 Mil. It means Meiji Holdings Co's Accounts Receivable increased by 円5,100 Mil from Mar. 2022 to Mar. 2023 .

Meiji Holdings Co's Accounts Receivable for the quarter that ended in Dec. 2023 was 円222,216 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. Meiji Holdings Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Meiji Holdings Co's liquidation value for the three months ended in Dec. 2023 was 円-84,090 Mil.

Meiji Holdings Co Change In Receivables Historical Data

The historical data trend for Meiji 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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Meiji Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-773.00

20,701.00

2,769.00

2,902.00

-5,100.00

Meiji Holdings Co 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																-31,886.00	43,974.00	2,703.00	-42,621.00	-8,130.00

Meiji 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-4,074 Mil.

Meiji Holdings Co (TSE:2269) 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.

Meiji Holdings Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	222216	/	286956	*	91
=	70.66

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

Meiji Holdings Co'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)
=	92271	-	442498	+	0.75 * 222216	+	0.5 * 198951
=	-84,090

Meiji Holdings Co Change In Receivables Related Terms

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Meiji Holdings Co (TSE:2269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meiji Holdings Co Ltd (TSE:2269) » Definitions » Change In Receivables

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Traded in Other Exchanges

MEJHY:USA

Address

4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.meiji.com

Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.

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