Nissin Foods Holdings Co (TSE:2897) Change In Receivables : 円-4,545 Mil (TTM As of Dec. 2023)

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What is Nissin Foods Holdings Co Change In Receivables?

Nissin Foods Holdings Co's change in receivables for the quarter that ended in Dec. 2023 was 円-12,799 Mil. It means Nissin Foods Holdings Co's Accounts Receivable increased by 円12,799 Mil from Sep. 2023 to Dec. 2023 .

Nissin Foods Holdings Co's change in receivables for the fiscal year that ended in Mar. 2024 was 円-10,568 Mil. It means Nissin Foods Holdings Co's Accounts Receivable increased by 円10,568 Mil from Mar. 2023 to Mar. 2024 .

Nissin Foods Holdings Co's Accounts Receivable for the quarter that ended in Dec. 2023 was 円120,651 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. Nissin Foods Holdings Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nissin Foods Holdings Co's liquidation value for the three months ended in Dec. 2023 was 円-35,701 Mil.

Nissin Foods Holdings Co Change In Receivables Historical Data

The historical data trend for Nissin Foods Holdings 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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Nissin Foods Holdings Co Change In Receivables Chart

Nissin Foods Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-6,091.00

3,346.00

-5,581.00

-10,232.00

-10,568.00

Nissin Foods Holdings 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															12,181.00	9,710.00	-13,637.00	-12,799.00	-

Nissin Foods Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-4,545 Mil.

Nissin Foods Holdings Co (TSE:2897) 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.

Nissin Foods Holdings Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	120651	/	198551	*	91
=	55.45

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

Nissin Foods Holdings Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	109927	-	269835	+	0.75 * 120651	+	0.5 * 67438
=	-35,701

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Nissin Foods Holdings Co (TSE:2897) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Holdings Co Ltd (TSE:2897) » Definitions » Change In Receivables

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Address

1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524

Website

https://www.nissin.com/en_jp

Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

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