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Mitsubishi Heavy Industries (TSE:7011) Change In Receivables : 円-90,002 Mil (TTM As of Mar. 2024)


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What is Mitsubishi Heavy Industries Change In Receivables?

Mitsubishi Heavy Industries's change in receivables for the quarter that ended in Mar. 2024 was 円71,219 Mil. It means Mitsubishi Heavy Industries's Accounts Receivable declined by 円71,219 Mil from Dec. 2023 to Mar. 2024 .

Mitsubishi Heavy Industries's change in receivables for the fiscal year that ended in Mar. 2024 was 円-90,002 Mil. It means Mitsubishi Heavy Industries's Accounts Receivable increased by 円90,002 Mil from Mar. 2023 to Mar. 2024 .

Mitsubishi Heavy Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was 円916,011 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 Heavy Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mitsubishi Heavy Industries's liquidation value for the three months ended in Mar. 2024 was 円-2,250,250 Mil.


Mitsubishi Heavy Industries Change In Receivables Historical Data

The historical data trend for Mitsubishi Heavy Industries'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 Heavy Industries Change In Receivables Chart

Mitsubishi Heavy Industries 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 111,529.00 -23,431.00 -109,753.00 -97,478.00 -90,002.00

Mitsubishi Heavy Industries 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 -33,056.00 62,653.00 -72,420.00 -151,454.00 71,219.00

Mitsubishi Heavy Industries 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-90,002 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 Heavy Industries  (TSE:7011) 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 Heavy Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=916011/1396480*91
=59.85

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

Mitsubishi Heavy Industries'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)
=471058-3895605+0.75 * 916011+0.5 * 974577
=-2,250,250

* 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 Heavy Industries Change In Receivables Related Terms

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Mitsubishi Heavy Industries (TSE:7011) Business Description

Traded in Other Exchanges
Address
2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.

Mitsubishi Heavy Industries (TSE:7011) Headlines

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