Okayama Paper Industries Co (TSE:3892) Change In Receivables: 円0 Mil (TTM As of May. 2026)

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.

TSE:3892 Okayama Paper Industries Co Ltd TSE:3892
75 GF Score
Price 円1,548.00
GF Value 円1,428.07
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Okayama Paper Industries Co Change In Receivables?

Okayama Paper Industries Co TSE:3892 -1.65% 75 Change In Receivables is 円0 Mil as of May. 2026. GuruFocus rates TSE:3892 with a GF Score™ of 75/100 and a GF Value™ of 円1,428.07 (Fairly Valued). The stock has 2 warning signs investors should review.

Okayama Paper Industries Co's change in receivables for the quarter that ended in May. 2026 was 円0 Mil. It means Okayama Paper Industries Co's Accounts Receivable stayed the same from Feb. 2026 to May. 2026 .

Okayama Paper Industries Co's change in receivables for the fiscal year that ended in May. 2026 was 円400 Mil. It means Okayama Paper Industries Co's Accounts Receivable declined by 円400 Mil from May. 2025 to May. 2026 .

Okayama Paper Industries Co's Accounts Receivable for the quarter that ended in May. 2026 was 円2,674 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. Okayama Paper Industries Co's Days Sales Outstanding for the three months ended in May. 2026 was 82.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Okayama Paper Industries Co's liquidation value for the three months ended in May. 2026 was 円3,649 Mil.

Okayama Paper Industries Co  (TSE:3892) 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.

Okayama Paper Industries Co's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2673.68/2952.677*91
=82.63

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

Okayama Paper Industries Co's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5262.362-4037.42+0.75 * 2673.68+0.5 * 838.388
=3,649

* 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.

Okayama Paper Industries Co Change In Receivables Related Terms

Okayama Paper Industries Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Okayama Paper Industries 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.

Okayama Paper Industries Co Change In Receivables Chart

Okayama Paper Industries Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -458.11 -220.35 -93.26 -431.81 400.38

Okayama Paper Industries Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 0.00
TSE:3892
75GF Score
Okayama Paper Industries Co Ltd TSE:3892
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okayama Paper Industries 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円0 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 円0 Mil mean?
Okayama Paper Industries Co (TSE:3892) has a Change In Receivables of 円0 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Okayama Paper Industries Co and its competitors.
Is Okayama Paper Industries Co's Change In Receivables too high?
Okayama Paper Industries Co's current Change In Receivables is 円0 Mil. Overall, Okayama Paper Industries Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's Change In Receivables compare to competitors?
Okayama Paper Industries Co's Change In Receivables of 円0 Mil can be compared against companies in the Forest 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 a Forest Products company?
A good Change In Receivables depends on the Forest 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 Okayama Paper Industries Co and its competitors. Okayama Paper Industries Co's current Change In Receivables is 円0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Fairly Valued. The stock's GF Value™ is 円1,428.07, compared to a current price of 円1,548.00 — trading 8.4% above its estimated fair value. The current Change In Receivables is 円0 Mil. Okayama Paper Industries Co's overall GF Score™ is 75/100 with 2 warning signs to review. 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 Okayama Paper Industries Co (TSE:3892), the current Change In Receivables is 円0 Mil as of May. 2026. 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.

Is Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?

Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued. The current stock price of 円1,548.00 is trading 8.4% above its estimated GF Value™ of 円1,428.07. GuruFocus considers Okayama Paper Industries Co to be Fairly Valued.

Key valuation signals for TSE:3892:

  • Change In Receivables: 円0 Mil
  • GF Value™: 円1,428.07 vs. price of 円1,548.00 (8.4% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Okayama Paper Industries Co Business Description

Address No. 4 No. 34, Minami-ku, Hamano 1-chome, Okayama, JPN, 700-0845
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
75GF Score

Get the complete analysis for TSE:3892

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,548.00
Price
円1,428.07
GF Value