Sumitomo Forestry Co (Sumitomo Forestry Co) Change In Receivables : $0 Mil (TTM As of Mar. 2024)

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What is Sumitomo Forestry Co Change In Receivables?

Sumitomo Forestry Co's change in receivables for the quarter that ended in Mar. 2024 was $0 Mil. It means Sumitomo Forestry Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Sumitomo Forestry Co's change in receivables for the fiscal year that ended in Dec. 2023 was $54 Mil. It means Sumitomo Forestry Co's Accounts Receivable declined by $54 Mil from Dec. 2022 to Dec. 2023 .

Sumitomo Forestry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,129 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 Forestry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sumitomo Forestry Co's liquidation value for the three months ended in Mar. 2024 was $-2,477 Mil.

Sumitomo Forestry Co Change In Receivables Historical Data

The historical data trend for Sumitomo Forestry 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.

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Sumitomo Forestry Co Change In Receivables Chart

Sumitomo Forestry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Change In Receivables

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-78.22

-10.70

-189.59

-98.70

53.69

Sumitomo Forestry 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															-	-	-	-	-

Sumitomo Forestry 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 $0 Mil.

Sumitomo Forestry Co (OTCPK:SMFRF) 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 Forestry 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
=	1128.959	/	3027.875	*	91
=	34.02

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

Sumitomo Forestry 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)
=	928.336	-	6887.075	+	0.75 * 1128.959	+	0.5 * 5270.721
=	-2,477

Sumitomo Forestry Co Change In Receivables Related Terms

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Sumitomo Forestry Co (Sumitomo Forestry Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sumitomo Forestry Co Ltd (OTCPK:SMFRF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

1911:Japan 5F6:Germany

Address

Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270

Website

http://sfc.jp

Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

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