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Nippon Express Holdings (TSE:9147) Change In Receivables : 円69,296 Mil (TTM As of Mar. 2024)


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What is Nippon Express Holdings Change In Receivables?

Nippon Express Holdings's change in receivables for the quarter that ended in Mar. 2024 was 円12,352 Mil. It means Nippon Express Holdings's Accounts Receivable declined by 円12,352 Mil from Dec. 2023 to Mar. 2024 .

Nippon Express Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was 円110,165 Mil. It means Nippon Express Holdings's Accounts Receivable declined by 円110,165 Mil from Dec. 2022 to Dec. 2023 .

Nippon Express Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was 円449,716 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. Nippon Express Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nippon Express Holdings's liquidation value for the three months ended in Mar. 2024 was 円-712,062 Mil.


Nippon Express Holdings Change In Receivables Historical Data

The historical data trend for Nippon Express Holdings'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.

Nippon Express Holdings Change In Receivables Chart

Nippon Express Holdings Annual Data
Trend Dec22 Dec23
Change In Receivables
10,146.00 110,165.00

Nippon Express Holdings Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only 53,221.00 42,216.00 11,076.00 3,652.00 12,352.00

Nippon Express Holdings 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69,296 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.


Nippon Express Holdings  (TSE:9147) 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.

Nippon Express Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=449716/617601*91
=66.45

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

Nippon Express Holdings'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)
=298137-1353521+0.75 * 449716+0.5 * 12070
=-712,062

* 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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Nippon Express Holdings (TSE:9147) Business Description

Traded in Other Exchanges
Address
2 Kanda Izumicho, Chiyoda-ku, Tokyo, JPN, 101-0024
Website
Nippon Express Holdings Inc is engaged in the management and related operations for corporate group companies such as truck transportation business.

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