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Harmonic Drive Systems (TSE:6324) Change In Receivables : 円0 Mil (TTM As of Dec. 2023)


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What is Harmonic Drive Systems Change In Receivables?

Harmonic Drive Systems's change in receivables for the quarter that ended in Dec. 2023 was 円0 Mil. It means Harmonic Drive Systems's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Harmonic Drive Systems's change in receivables for the fiscal year that ended in Mar. 2023 was 円-1,636 Mil. It means Harmonic Drive Systems's Accounts Receivable increased by 円1,636 Mil from Mar. 2022 to Mar. 2023 .

Harmonic Drive Systems's Accounts Receivable for the quarter that ended in Dec. 2023 was 円12,295 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. Harmonic Drive Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 85.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Harmonic Drive Systems's liquidation value for the three months ended in Dec. 2023 was 円-9,695 Mil.


Harmonic Drive Systems Change In Receivables Historical Data

The historical data trend for Harmonic Drive Systems'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.

Harmonic Drive Systems Change In Receivables Chart

Harmonic Drive Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,767.28 10,027.70 -2,530.85 -5,615.73 -1,636.17

Harmonic Drive Systems 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 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 - - - - -

Harmonic Drive Systems 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 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.


Harmonic Drive Systems  (TSE:6324) 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.

Harmonic Drive Systems's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12295.028/13161.682*91
=85.24

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

Harmonic Drive Systems'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)
=18990.661-44887.206+0.75 * 12295.028+0.5 * 13960.144
=-9,695

* 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.


Harmonic Drive Systems Change In Receivables Related Terms

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Harmonic Drive Systems (TSE:6324) Business Description

Traded in Other Exchanges
Address
6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013
Harmonic Drive Systems manufactures and sells high-precision reduction gears (speed reducers) under the Harmonic Drive brand as well as other mechatronics products such as rotary actuators, linear actuators, and AC servo motors. The company also provides planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo.

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