JFTH (Japan Food Tech Holdings) Change In Receivables: $-0.01 Mil (TTM As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Japan Food Tech Holdings Change In Receivables?

Japan Food Tech Holdings JFTH +100.00% Change In Receivables is $-0.01 Mil as of Jun. 2024.

Japan Food Tech Holdings's change in receivables for the quarter that ended in Jun. 2024 was $0.01 Mil. It means Japan Food Tech Holdings's Accounts Receivable declined by $0.01 Mil from Mar. 2024 to Jun. 2024 .

Japan Food Tech Holdings's change in receivables for the fiscal year that ended in Mar. 2024 was $-0.02 Mil. It means Japan Food Tech Holdings's Accounts Receivable increased by $0.02 Mil from Mar. 2023 to Mar. 2024 .

Japan Food Tech Holdings's Accounts Receivable for the quarter that ended in Jun. 2024 was $0.01 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. Japan Food Tech Holdings's Days Sales Outstanding for the three months ended in Jun. 2024 was 91.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Japan Food Tech Holdings's liquidation value for the three months ended in Jun. 2024 was $-0.04 Mil.

Japan Food Tech Holdings  (OTCPK:JFTH) 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.

Japan Food Tech Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.006/0.006*91
=91.25

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

Japan Food Tech Holdings's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.008-0.049+0.75 * 0.006+0.5 * 0
=-0.04

* 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.

Japan Food Tech Holdings Change In Receivables Related Terms

Japan Food Tech Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for Japan Food Tech Holdings'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.

Japan Food Tech Holdings Change In Receivables Chart

Japan Food Tech Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.01 0.00 -0.01 -0.02

Japan Food Tech Holdings Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.00 -0.02 0.01 -0.00 0.01

Japan Food Tech Holdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.01 Mil mean?
Japan Food Tech Holdings (JFTH) has a Change In Receivables of $-0.01 Mil as of Jun. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Japan Food Tech Holdings and its competitors.
Is Japan Food Tech Holdings' Change In Receivables too high?
Japan Food Tech Holdings' current Change In Receivables is $-0.01 Mil.
How does Japan Food Tech Holdings' Change In Receivables compare to SPEC and AKMYF?
Japan Food Tech Holdings' Change In Receivables of $-0.01 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Industrial Products company?
A good Change In Receivables depends on the Industrial Products industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Japan Food Tech Holdings and its competitors. Japan Food Tech Holdings's current Change In Receivables is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Food Tech Holdings stock overvalued right now?
Japan Food Tech Holdings (JFTH) has a current Change In Receivables of $-0.01 Mil. The current Change In Receivables is $-0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Japan Food Tech Holdings (JFTH), the current Change In Receivables is $-0.01 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Japan Food Tech Holdings Business Description

Address 3F K’s Minamiaoyama 6-6-20 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Japan Food Tech Holdings Inc formerly Dr. Foods Inc, acts as an importer, reseller, developer, and manufacturer of various plant-based food products to replace traditional animal products while retaining the taste and texture of the original.