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Hirose Electric Co (Hirose Electric Co) Change In Receivables : $35 Mil (TTM As of Mar. 2024)


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What is Hirose Electric Co Change In Receivables?

Hirose Electric Co's change in receivables for the quarter that ended in Mar. 2024 was $6 Mil. It means Hirose Electric Co's Accounts Receivable declined by $6 Mil from Dec. 2023 to Mar. 2024 .

Hirose Electric Co's change in receivables for the fiscal year that ended in Mar. 2024 was $33 Mil. It means Hirose Electric Co's Accounts Receivable declined by $33 Mil from Mar. 2023 to Mar. 2024 .

Hirose Electric Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $263 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. Hirose Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 89.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hirose Electric Co's liquidation value for the three months ended in Mar. 2024 was $1,107 Mil.


Hirose Electric Co Change In Receivables Historical Data

The historical data trend for Hirose Electric 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.

* Premium members only.

Hirose Electric Co Change In Receivables Chart

Hirose Electric Co 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 -14.26 -45.84 -42.14 21.25 33.18

Hirose Electric 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 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 31.63 11.62 -5.52 22.58 5.97

Hirose Electric 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 $35 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.


Hirose Electric Co  (OTCPK:HRSEF) 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.

Hirose Electric 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
=263.105/269.306*91
=89.15

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

Hirose Electric 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)
=1090.699-262.164+0.75 * 263.105+0.5 * 162.59
=1,107

* 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.


Hirose Electric Co Change In Receivables Related Terms

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Hirose Electric Co (Hirose Electric Co) Business Description

Traded in Other Exchanges
Address
5-23. Osaki 5-chome, shinagawa-ku, Tokyo, JPN, 141-8587
Hirose Electric Co Ltd is a Japan-based company that manufactures and distributes electrical and electronic connectors for use in automotive, mobile communication, telecommunications, networking, and smart grid applications. Its product portfolio includes printed circuit boards, optical connectors, fiber optic cables, sealed connectors, microwave components, switches and sensors, modular jacks and plugs, integrated circuit cards and sockets, and coaxial cables. The firm generates revenue in Europe, Asia, and North America.

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