Kitz (TSE:6498) Change In Receivables : 円-1,208 Mil (TTM As of Mar. 2024)

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What is Kitz Change In Receivables?

Kitz's change in receivables for the quarter that ended in Mar. 2024 was 円793 Mil. It means Kitz's Accounts Receivable declined by 円793 Mil from Dec. 2023 to Mar. 2024 .

Kitz's change in receivables for the fiscal year that ended in Dec. 2022 was 円-2,787 Mil. It means Kitz's Accounts Receivable increased by 円2,787 Mil from Dec. 2021 to Dec. 2022 .

Kitz's Accounts Receivable for the quarter that ended in Mar. 2024 was 円22,207 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. Kitz's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kitz's liquidation value for the three months ended in Mar. 2024 was 円2,052 Mil.

Kitz Change In Receivables Historical Data

The historical data trend for Kitz'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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Kitz Change In Receivables Chart

Kitz Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Change In Receivables

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-3,110.00

-767.00

2,628.00

-5,357.00

-2,787.00

Kitz 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															2,175.00	-761.00	-1,434.00	194.00	793.00

Kitz 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 円-1,208 Mil.

Kitz (TSE:6498) 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.

Kitz's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	22207	/	40211	*	91
=	50.39

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

Kitz'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)
=	31704	-	65567	+	0.75 * 22207	+	0.5 * 38519
=	2,052

Kitz Change In Receivables Related Terms

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Kitz (TSE:6498) Business Description

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Address

1-10-1 Nakase Mihama-ku, Chiba, JPN, 2618577

Website

http://www.kitz.co.jp

Kitz Corp is a Japan-based company that operates through segments namely valve manufacturing business in which the company manufactures and sells valves, fittings, water purifiers, and industrial filters. the brass manufacturing business involves manufacturing and selling of brass rods for machined or forged products. The company's products consist of brass, cast iron, ductile iron, strainer, bronze, and others. It generates a majority of its revenue from the Valve manufacturing business.

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