Operating cash outflow due to an increase in trade receivables
First written in FY2017-Q2. 18 of 21 entries say "Reframed", first in FY2017. Latest entry: 2026-05-13.
Masaru moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 10 of 38 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- 2026-05-13ReframedResults
「これは主に完成工事未収入金が減少したことによるものであります。」
前年度末比で完成工事未収入金が減少し、流動資産が小幅減少する局面を示している。一方、契約資産は増加している。 - FY2025ReframedAnnual report
「Cash generated from operating activities during the consolidated fiscal year amounted to ¥1,238 million. This was mainly because cash decreased due to a ¥200 million decrease in trade payables and income taxes paid of ¥130 million, among other factors, while cash increased due to decreases of ¥285 million in costs on uncompleted construction contracts and ¥284 million in trade receivables, among other factors.」
The company changed from using cash due to an increase in trade receivables in the previous interim period to generating ¥1,238 million from operating activities for the full year, due in part to a ¥284 million decrease in trade receivables. - FY2025-H1ReframedAnnual report
「Cash used in operating activities during the interim consolidated accounting period amounted to ¥55 million. This was mainly because cash increased due to interim profit before income taxes of ¥431 million and a ¥270 million decrease in costs on uncompleted construction contracts, among other factors, while cash decreased due to a ¥540 million increase in trade receivables and a ¥101 million decrease in contract liabilities, among other factors.」
The company changed from the previous full-year period, when a decrease in trade receivables generated operating cash, to a period in which operating activities used ¥55 million due to factors including a ¥540 million increase in trade receivables. - FY2024ReframedAnnual report
「Cash generated from operating activities during the consolidated fiscal year amounted to ¥421 million. This was mainly because cash decreased due to income taxes paid of ¥307 million and a ¥104 million decrease in trade payables, among other factors, while cash increased due to profit before income taxes of ¥421 million and a ¥316 million decrease in trade receivables, among other factors.」
The company changed from a period in which increases in trade receivables used cash to a period in which a ¥316 million decrease in trade receivables increased operating cash, with operating activities generating ¥422 million. - FY2024-Q2RestatedAnnual report
「Cash generated from operating activities during the six-month period ended the second quarter amounted to ¥128 million. This was mainly because cash decreased due to increases of ¥132 million in trade receivables and contract assets and a ¥95 million decrease in trade payables, among other factors, while cash increased due to profit before income taxes of ¥407 million and a ¥150 million decrease in costs on uncompleted construction contracts, among other factors.」
While the increase in trade receivables and contract assets reduced operating cash, operating activities generated ¥128 million due to profit and a decrease in costs on uncompleted construction contracts. - FY2023ReframedAnnual report
「Cash generated from operating activities during the consolidated fiscal year amounted to ¥230 million. This was mainly because cash decreased due to increases of ¥719 million in trade receivables and contract assets and ¥106 million in consumption taxes payable, among other factors, while cash increased due to profit before income taxes of ¥522 million and an increase of ¥281 million in contract liabilities, among other factors.」
Trade receivables and contract assets increased by ¥719 million in line with the increase in completed construction revenue, reducing operating cash, while operating activities as a whole generated ¥230 million. - FY2023-Q2RestatedAnnual report
「Funds provided by operating activities during the six-month consolidated cumulative period amounted to ¥199 million. Although funds decreased mainly due to a ¥284 million increase in trade receivables and contract assets and a ¥121 million decrease in consumption taxes payable, funds increased due to pretax quarterly profit of ¥271 million and a ¥288 million increase in contract liabilities, among other factors.」
The increase of ¥284 million in trade receivables and contract assets continued to reduce operating funds, while operating activities generated ¥199 million due to increases in profit and contract liabilities. - FY2022ReframedAnnual report
「Funds used in operating activities during the consolidated fiscal year amounted to ¥270 million. Although funds increased mainly due to pretax profit of ¥312 million and a ¥649 million decrease in costs on uncompleted construction contracts, funds decreased due to a ¥746 million decrease in advances received on uncompleted construction contracts and a ¥380 million increase in trade receivables, among other factors.」
The company shifted from funds provided by operating activities of ¥22 million in the previous fiscal year to funds used of ¥270 million in the current fiscal year. The decrease in advances received on uncompleted construction contracts and the increase in trade receivables reduced funds. - FY2022-Q2ReframedAnnual report
「Funds provided by operating activities during the six-month consolidated cumulative period amounted to ¥90 million. Although funds decreased mainly due to a ¥643 million decrease in advances received on uncompleted construction contracts and a ¥542 million increase in trade receivables, funds increased due to pretax quarterly profit of ¥260 million and a ¥1.01 billion decrease in costs on uncompleted construction contracts, among other factors.」
The ¥542 million increase in trade receivables reduced funds, while a ¥1.01 billion decrease in costs on uncompleted construction contracts, among other factors, resulted in operating activities providing ¥90 million. - FY2022-Q1ReframedAnnual report
「Current assets at the end of the first quarter of the current consolidated fiscal year amounted to ¥6.462 billion, an increase of ¥749 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in notes and accounts receivable—completed construction contracts, among other items.」
The increase in trade receivables was cited as a factor behind the increase in current assets. As this was the first quarter, no quarterly consolidated statement of cash flows was prepared. - FY2021ReframedAnnual report
「Funds provided by operating activities during the consolidated fiscal year amounted to ¥22 million. Although funds decreased mainly due to a ¥143 million decrease in consumption taxes payable and a ¥78 million increase in costs on uncompleted construction contracts, funds increased as pretax profit amounted to ¥418 million and trade receivables decreased by ¥170 million, among other factors.」
Operating cash flow provided ¥22 million, a substantial decline from ¥1.206 billion in the previous fiscal year. The ¥170 million decrease in trade receivables was cited as a source of increased funds. - FY2021-Q2ReframedAnnual report
「Funds used in operating activities during the six-month consolidated cumulative period amounted to ¥378 million. Although funds increased mainly due to pretax quarterly profit of ¥391 million and a ¥224 million decrease in costs on uncompleted construction contracts, funds decreased due to a ¥503 million decrease in advances received on uncompleted construction contracts, among other factors.」
Operating cash flow was an outflow of ¥378 million. The cash outflow caused by the decrease in advances received on uncompleted construction contracts exceeded the increase in funds from the decrease in costs on uncompleted construction contracts. - FY2020ReframedAnnual report
「Funds provided by operating activities during the consolidated fiscal year amounted to ¥1.206 billion. Although funds decreased mainly due to a ¥1.298 billion decrease in advances received on uncompleted construction contracts and a ¥240 million decrease in trade payables, funds increased as pretax profit amounted to ¥643 million and costs on uncompleted construction contracts decreased by ¥2.03 billion, among other factors.」
The company shifted from a period centered on cash outflows caused by higher trade receivables to a period in which operating activities generated ¥1.206 billion, mainly due to a ¥2.03 billion decrease in costs on uncompleted construction contracts. - FY2020-Q2ReframedAnnual report
「Funds used in operating activities during the six-month consolidated cumulative period amounted to ¥470 million. Although funds increased mainly due to pretax quarterly profit of ¥484 million and a ¥471 million decrease in costs on uncompleted construction contracts, funds decreased due to a ¥1.293 billion increase in trade receivables, among other factors.」
Operating cash flow was an outflow of ¥470 million, mainly due to the ¥1.293 billion increase in trade receivables. The company shifted from a period of increased operating funds in the previous fiscal year to a period of cash outflow caused by higher trade receivables. - FY2020-Q1ReframedAnnual report
「Notes and accounts receivable—completed construction contracts 1,288,718 1,143,276 Electronically recorded monetary claims 389,778 596,157」
From the end of the previous consolidated fiscal year, notes and accounts receivable—completed construction contracts decreased, while electronically recorded monetary claims increased, changing the composition of trade receivables. - FY2019ReframedAnnual report
「Funds provided by operating activities during the consolidated fiscal year amounted to ¥1.109 billion. Although funds decreased mainly due to a ¥784 million increase in costs on uncompleted construction contracts and a ¥26 million decrease in trade payables, funds increased as pretax profit amounted to ¥514 million and trade receivables decreased by ¥667 million and advances received on uncompleted construction contracts increased by ¥604 million, among other factors.」
Trade receivables decreased and contributed to an increase in operating funds, while the increase in costs on uncompleted construction contracts reduced funds. Operating activities provided ¥1.109 billion. - FY2019-Q3ReframedAnnual report
「Notes and accounts receivable—completed construction contracts 1,880,739 798,443 Electronically recorded monetary claims 465,282 683,652」
From the end of the previous consolidated fiscal year, notes and accounts receivable—completed construction contracts decreased from ¥1,880.739 billion to ¥798.443 million, while electronically recorded monetary claims increased from ¥465.282 million to ¥683.652 million, changing the composition and balance of trade receivables. - FY2019-Q2ReframedAnnual report
「Funds provided by operating activities during the six-month consolidated cumulative period amounted to ¥256 million. Although funds decreased mainly due to a ¥114 million decrease in costs on uncompleted construction contracts and a ¥75 million decrease in advances received on uncompleted construction contracts, funds increased due to pretax quarterly profit of ¥390 million, among other factors.」
Operating activities provided ¥256 million. The ¥61 million increase in trade receivables reduced funds, while pretax quarterly profit, among other factors, contributed to the increase in funds. - FY2018-Q2ReframedAnnual report
「Funds provided by operating activities during the six-month consolidated cumulative period amounted to ¥162 million. Although funds decreased mainly due to an ¥893 million decrease in advances received on uncompleted construction contracts, funds increased due to a ¥768 million decrease in costs on uncompleted construction contracts and a ¥196 million decrease in trade receivables, among other factors.」
After the previous fiscal year’s decrease in funds due to an increase in trade receivables, trade receivables decreased by ¥196 million in the current quarter, contributing to an increase in operating funds. - FY2017ReframedAnnual report
「Funds provided by operating activities during the consolidated fiscal year amounted to ¥57 million. Although funds decreased mainly due to a ¥508 million increase in trade receivables and a ¥34 million decrease in the provision for directors’ bonuses, funds increased as pretax profit amounted to ¥331 million and advances received on uncompleted construction contracts increased by ¥177 million, among other factors.」
The ¥508 million increase in trade receivables reduced funds, while operating cash flow provided ¥57 million. - FY2017-Q2First statedAnnual report
「Funds used in operating activities during the six-month consolidated cumulative period amounted to ¥218 million. Although funds increased mainly due to a ¥354 million decrease in costs on uncompleted construction contracts and a ¥153 million increase in advances received on uncompleted construction contracts, funds decreased due to a ¥1.001 billion increase in trade receivables, among other factors.」
Operating cash flow was an outflow of ¥218 million, with the ¥1.001 billion increase in trade receivables, among other factors, cited as a source of the decrease in funds.