Hitachi Construction Machinery Co (Hitachi Construction Machinery Co) Change In Receivables : $31 Mil (TTM As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Hitachi Construction Machinery Co Change In Receivables?

Hitachi Construction Machinery Co's change in receivables for the quarter that ended in Mar. 2024 was $-342 Mil. It means Hitachi Construction Machinery Co's Accounts Receivable increased by $342 Mil from Dec. 2023 to Mar. 2024 .

Hitachi Construction Machinery Co's change in receivables for the fiscal year that ended in Mar. 2024 was $16 Mil. It means Hitachi Construction Machinery Co's Accounts Receivable declined by $16 Mil from Mar. 2023 to Mar. 2024 .

Hitachi Construction Machinery Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,037 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. Hitachi Construction Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hitachi Construction Machinery Co's liquidation value for the three months ended in Mar. 2024 was $-2,259 Mil.

Hitachi Construction Machinery Co Change In Receivables Historical Data

The historical data trend for Hitachi Construction Machinery 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.

* Premium members only.

Hitachi Construction Machinery Co Change In Receivables Chart

Hitachi Construction Machinery Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

91.57

214.36

-266.25

-148.71

16.45

Hitachi Construction Machinery 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															-405.25	131.78	96.99	143.64	-341.64

Hitachi Construction Machinery 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 $31 Mil.

Hitachi Construction Machinery Co (OTCPK:HTCMY) 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.

Hitachi Construction Machinery 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
=	2036.99	/	2573.506	*	91
=	72.23

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

Hitachi Construction Machinery 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)
=	1181.883	-	6812.185	+	0.75 * 2036.99	+	0.5 * 3686.585
=	-2,259

Hitachi Construction Machinery Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Hitachi Construction Machinery Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Hitachi Construction Machinery Co (Hitachi Construction Machinery Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hitachi Construction Machinery Co Ltd (OTCPK:HTCMY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

6305:Japan HCM:Germany

Address

16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015

Website

https://www.hitachicm.com

Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.