Toray Industries (Toray Industries) Change In Receivables : $312 Mil (TTM As of Dec. 2023)

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What is Toray Industries Change In Receivables?

Toray Industries's change in receivables for the quarter that ended in Dec. 2023 was $-91 Mil. It means Toray Industries's Accounts Receivable increased by $91 Mil from Sep. 2023 to Dec. 2023 .

Toray Industries's change in receivables for the fiscal year that ended in Mar. 2023 was $25 Mil. It means Toray Industries's Accounts Receivable declined by $25 Mil from Mar. 2022 to Mar. 2023 .

Toray Industries's Accounts Receivable for the quarter that ended in Dec. 2023 was $4,335 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. Toray Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 90.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Toray Industries's liquidation value for the three months ended in Dec. 2023 was $-4,258 Mil.

Toray Industries Change In Receivables Historical Data

The historical data trend for Toray Industries'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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Toray Industries Change In Receivables Chart

Toray Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-302.15

502.30

-128.02

-285.65

25.47

Toray Industries 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	Get a 7-Day Free Trial															-206.70	528.65	222.20	-347.40	-91.16

Toray Industries 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 $312 Mil.

Toray Industries (OTCPK:TRYIY) 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.

Toray Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4334.661	/	4375.784	*	91
=	90.39

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

Toray Industries'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)
=	1866.24	-	11290.437	+	0.75 * 4334.661	+	0.5 * 3829.638
=	-4,258

Toray Industries Change In Receivables Related Terms

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Toray Industries (Toray Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toray Industries Inc (OTCPK:TRYIY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TRYIF:USA 3402:Japan TOR1:Germany

Address

Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, JPN, 103-8666

Website

http://www.toray.co.jp

Toray Industries Inc is a Japan-based company that is primarily engaged in the integrated chemical industry to produce apparel and industrial materials. The company's businesses consist of Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science. The Fibers & Textiles business and Plastics & Chemicals business are the company's core growth drivers, and they jointly contribute around two thirds of the company's revenue. The company has business presence in Japan, China, other Asian areas, Europe, North America, and other areas, with the whole Asia market accounting for majority of the company's total revenue.