THK Co (THK Co) Change In Receivables : $104 Mil (TTM As of Mar. 2024)

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What is THK Co Change In Receivables?

THK Co's change in receivables for the quarter that ended in Mar. 2024 was $-34 Mil. It means THK Co's Accounts Receivable increased by $34 Mil from Dec. 2023 to Mar. 2024 .

THK Co's change in receivables for the fiscal year that ended in Dec. 2023 was $153 Mil. It means THK Co's Accounts Receivable declined by $153 Mil from Dec. 2022 to Dec. 2023 .

THK Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $565 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. THK Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 90.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. THK Co's liquidation value for the three months ended in Mar. 2024 was $449 Mil.

THK Co Change In Receivables Historical Data

The historical data trend for THK 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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THK Co Change In Receivables Chart

THK Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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262.03

36.17

-218.72

-70.27

153.04

THK 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															15.55	50.84	59.82	27.26	-34.26

THK 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 $104 Mil.

THK Co (OTCPK:THKLY) 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.

THK 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
=	564.683	/	568.2	*	91
=	90.69

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

THK 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)
=	994.963	-	1256.807	+	0.75 * 564.683	+	0.5 * 574.261
=	449

THK Co Change In Receivables Related Terms

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THK Co (THK Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » THK Co Ltd (OTCPK:THKLY) » Definitions » Change In Receivables

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Traded in Other Exchanges

6481:Japan 1TK:Germany

Address

3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503

Website

http://www.thk.com

THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.