Sumitomo Chemical Co (Sumitomo Chemical Co) Change In Receivables : $258 Mil (TTM As of Mar. 2024)

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

What is Sumitomo Chemical Co Change In Receivables?

Sumitomo Chemical Co's change in receivables for the quarter that ended in Mar. 2024 was $-208 Mil. It means Sumitomo Chemical Co's Accounts Receivable increased by $208 Mil from Dec. 2023 to Mar. 2024 .

Sumitomo Chemical Co's change in receivables for the fiscal year that ended in Mar. 2024 was $232 Mil. It means Sumitomo Chemical Co's Accounts Receivable declined by $232 Mil from Mar. 2023 to Mar. 2024 .

Sumitomo Chemical Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $4,138 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. Sumitomo Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 88.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sumitomo Chemical Co's liquidation value for the three months ended in Mar. 2024 was $-11,359 Mil.

Sumitomo Chemical Co Change In Receivables Historical Data

The historical data trend for Sumitomo Chemical 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.

Sumitomo Chemical Co Change In Receivables Chart

Sumitomo Chemical Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

-101.59

-206.31

-164.15

1,006.25

232.27

Sumitomo Chemical 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															505.20	378.13	-39.55	127.24	-207.76

Sumitomo Chemical 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 $258 Mil.

Sumitomo Chemical Co (OTCPK:SOMMF) 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.

Sumitomo Chemical 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
=	4138.485	/	4271.993	*	91
=	88.40

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

Sumitomo Chemical 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)
=	1660.588	-	18492.043	+	0.75 * 4138.485	+	0.5 * 4736.642
=	-11,359

Sumitomo Chemical Co Change In Receivables Related Terms

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

Sumitomo Chemical Co (Sumitomo Chemical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Chemical Co Ltd (OTCPK:SOMMF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SOMMY:USA 4005:Japan SMM:Germany

Address

27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8260

Website

http://www.sumitomo-chem.co.jp

Sumitomo Chemical Co Ltd manufactures and sells chemicals and chemical-based products. The firm is organized into six segments by product type. The petrochemicals and plastics segment, which generates more revenue than any other segment, sells multiple products including propylene and polypropylene used in automobile seat cushions and interior panels. The pharmaceutical segment sells medicine to treat diabetes, neurology, cancer, and infectious diseases. The IT-related chemicals segment sells compound semiconductors and polarizing films used in LCD displays for TVs and smartphones. The other three segments are health and crop sciences; energy and functional materials; and "others." The majority of revenue comes from Japan and China.

Sumitomo Chemical Co (Sumitomo Chemical Co) Headlines

From GuruFocus

Sumitomo Chemical Co Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 04-15-2021