Suminoe Textile Co (TSE:3501) Change In Receivables : 円0 Mil (TTM As of Feb. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Suminoe Textile Co Change In Receivables?

Suminoe Textile Co's change in receivables for the quarter that ended in Feb. 2024 was 円0 Mil. It means Suminoe Textile Co's Accounts Receivable stayed the same from Nov. 2023 to Feb. 2024 .

Suminoe Textile Co's change in receivables for the fiscal year that ended in May. 2023 was 円-2,160 Mil. It means Suminoe Textile Co's Accounts Receivable increased by 円2,160 Mil from May. 2022 to May. 2023 .

Suminoe Textile Co's Accounts Receivable for the quarter that ended in Feb. 2024 was 円15,922 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. Suminoe Textile Co's Days Sales Outstanding for the three months ended in Feb. 2024 was 56.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Suminoe Textile Co's liquidation value for the three months ended in Feb. 2024 was 円-28,005 Mil.

Suminoe Textile Co Change In Receivables Historical Data

The historical data trend for Suminoe Textile 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.

Suminoe Textile Co Change In Receivables Chart

Suminoe Textile Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Receivables

Get a 7-Day Free Trial

-774.00

2,497.00

1,706.00

562.00

-2,160.00

Suminoe Textile Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Suminoe Textile 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円0 Mil.

Suminoe Textile Co (TSE:3501) 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.

Suminoe Textile Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	15922	/	25770	*	91
=	56.38

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

Suminoe Textile Co's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7850	-	55844	+	0.75 * 15922	+	0.5 * 16096
=	-28,005

Suminoe Textile Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Suminoe Textile Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Suminoe Textile Co (TSE:3501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suminoe Textile Co Ltd (TSE:3501) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-20, Minamisenba, Chuo-ku, Osaka, JPN, 542-8504

Website

http://www.suminoe.jp

Suminoe Textile Co Ltd is a textile company based in Japan. The company is engaged in the following business segment which includes Interior Fittings; Automotive Textiles and Traffic Facilities; Functional Materials and Others. It generates maximum revenue from the Automotive Textiles and Traffic Facilities segment. Geographically, it derives a majority of revenue from Japan and also has a presence in North and Central America; Asia and other Countries.

Suminoe Textile Co (TSE:3501) Headlines

No Headlines