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Mitsubishi Logistics (TSE:9301) Change In Receivables : 円6,385 Mil (TTM As of Mar. 2024)


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What is Mitsubishi Logistics Change In Receivables?

Mitsubishi Logistics's change in receivables for the quarter that ended in Mar. 2024 was 円6,564 Mil. It means Mitsubishi Logistics's Accounts Receivable declined by 円6,564 Mil from Dec. 2023 to Mar. 2024 .

Mitsubishi Logistics's change in receivables for the fiscal year that ended in Mar. 2024 was 円6,385 Mil. It means Mitsubishi Logistics's Accounts Receivable declined by 円6,385 Mil from Mar. 2023 to Mar. 2024 .

Mitsubishi Logistics's Accounts Receivable for the quarter that ended in Mar. 2024 was 円41,226 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. Mitsubishi Logistics's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mitsubishi Logistics's liquidation value for the three months ended in Mar. 2024 was 円-170,563 Mil.


Mitsubishi Logistics Change In Receivables Historical Data

The historical data trend for Mitsubishi Logistics'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.

Mitsubishi Logistics Change In Receivables Chart

Mitsubishi Logistics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,166.00 -644.00 -1,914.00 -4,020.00 6,385.00

Mitsubishi Logistics 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 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 268.00 4,733.00 -513.00 -4,399.00 6,564.00

Mitsubishi Logistics 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6,385 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.


Mitsubishi Logistics  (TSE:9301) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41226/62055*91
=60.62

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

Mitsubishi Logistics'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)
=61015-267442+0.75 * 41226+0.5 * 9890
=-170,563

* 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.


Mitsubishi Logistics Change In Receivables Related Terms

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Mitsubishi Logistics (TSE:9301) Business Description

Traded in Other Exchanges
Address
19-1, Nihonbashi, Nihonbashi Dia Building, 1-chome Chuo-ku, Tokyo, JPN, 103-8630
Mitsubishi Logistics Corp is a logistics and real estate investment company, domiciled in Japan. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and lease office buildings and other commercial real estates. Mitsubishi Logistics derives the vast majority of revenue domestically.

Mitsubishi Logistics (TSE:9301) Headlines

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