Operating Cash Flow Net Outflow Due to Increases in Trade Receivables and Inventories
First written in FY2018-Q2. 4 of 19 entries say "Worsened", first in FY2023. Latest entry: FY2026.
Kawata Mfg. moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 39 of 146 companies on the "Worse" side.
33 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Cash flows from operating activities generated excess cash inflows of ¥1,992 million, as cash inflow items, including profit before income taxes of ¥418 million, depreciation and amortization of ¥420 million, a ¥1,786 million decrease in trade receivables, contract assets and contract liabilities and a ¥360 million decrease in inventories, exceeded cash outflow items, including a ¥385 million decrease in trade payables and ¥441 million in income taxes paid. In the same period of the previous year, excess cash inflows were ¥1,122 million.」
Operating cash flow increased year on year due to decreases in trade receivables, contract assets and inventories. - FY2026-H1MitigatedAnnual report
「Cash flows from operating activities generated excess cash inflows of ¥780 million, as cash inflow items, including interim profit before income taxes of ¥361 million, depreciation and amortization of ¥204 million and a ¥777 million decrease in trade receivables, contract assets and contract liabilities, exceeded cash outflow items, including a ¥304 million decrease in trade payables. In the same period of the previous year, excess cash outflows were ¥355 million.」
Operating cash flow improved from a net outflow in the same period of the previous year to a net inflow of ¥780 million, due mainly to decreases in trade receivables and contract assets. - FY2025MitigatedAnnual report
「Cash flows from operating activities generated excess cash inflows of ¥1,122 million, as cash inflow items, including profit before income taxes of ¥1,042 million, depreciation and amortization of ¥425 million, a ¥1,275 million decrease in trade receivables, contract assets and contract liabilities, and a ¥416 million decrease in inventories, exceeded cash outflow items, including a ¥1,332 million decrease in trade payables. In the same period of the previous year, excess cash outflows were ¥139 million.」
Operating cash flow improved from a net outflow to a net inflow due to decreases in trade receivables, contract assets and inventories. - FY2024WorsenedAnnual report
「Cash flow from operating activities resulted in a net outflow of ¥139 million, as outflow factors including a ¥2,218 million increase in trade receivables and ¥330 million in income taxes paid exceeded inflow factors including ¥368 million in depreciation and a ¥189 million decrease in inventories. Pretax profit for the year was ¥1,398 million. The same period of the previous year recorded a net inflow of ¥554 million.」
Due mainly to an increase in trade receivables, operating cash flow changed from a net inflow in the same period of the previous year to a net outflow of ¥139.9 million. - FY2024-Q3Increases in trade receivables and borrowingsAnnual report
「Current assets increased by ¥1,086 million from the end of the previous consolidated fiscal year to ¥20,132 million. Although cash and deposits declined, notes receivable, accounts receivable and contract assets increased.」
Current assets increased by ¥1,086 million from the end of the previous fiscal year due to increases in trade receivables and contract assets. No cash flow statement was prepared for the nine months ended. - FY2024-Q2WorsenedAnnual report
「Cash flow from operating activities resulted in a net outflow of ¥421 million, as outflow factors including a ¥1,526 million increase in trade receivables and ¥183 million in income taxes paid exceeded inflow factors including ¥180 million in depreciation and a ¥246 million increase in trade payables. Pretax profit for the quarter was ¥760 million. The same period of the previous year recorded a net inflow of ¥403 million.」
Due mainly to an increase in trade receivables, operating cash flow changed from a net inflow of ¥403.066 million in the same period of the previous year to a net outflow of ¥421.202 million. - FY2023Net operating cash inflow narrowed significantlyAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥554 million, compared with a net inflow of ¥1,604 million in the same period of the previous year.」
Operating cash flow remained a net inflow, but narrowed significantly from ¥1,604 million in the same period of the previous year to ¥554 million. - FY2023-Q2Net operating cash inflow narrowedAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥403 million, as inflow factors including pretax profit for the quarter of ¥75 million, ¥159 million in depreciation and a ¥1,108 million decrease in trade receivables exceeded outflow factors including a ¥721 million increase in inventories, a ¥128 million decrease in trade payables, a ¥52 million decrease in the provision for directors’ bonuses and ¥123 million in income taxes paid. The same period of the previous year recorded a net inflow of ¥1,167 million.」
Cash flow from operating activities remained a net inflow, but narrowed from ¥1,167.346 million in the same period of the previous year to ¥403.066 million. The ¥721.2 million increase in inventories and other factors contributed to the outflow. - FY2022Net operating cash inflow narrowedAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥1,604 million, as inflow factors including pretax profit for the quarter of ¥901 million, ¥321 million in depreciation, a ¥33 million increase in the provision for product warranties, a ¥90 million increase in liabilities related to retirement benefits, a ¥273 million decrease in trade receivables and a ¥790 million increase in trade payables exceeded outflow factors including a ¥55 million decrease in the allowance for doubtful accounts, a ¥39 million gain on cancellation of insurance policies, a ¥281 million increase in inventories and ¥288 million in income taxes paid. The same period of the previous year recorded a net inflow of ¥1,874 million.」
Cash flow from operating activities remained a net inflow, but decreased from ¥1,874 million in the same period of the previous year to ¥1,604 million. - FY2022-Q2Net operating cash inflow continued but declinedAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥1,167 million, as inflow factors including pretax profit for the quarter of ¥300 million, ¥155 million in depreciation and a ¥932 million decrease in trade receivables exceeded outflow factors including a ¥45 million decrease in the provision for directors’ bonuses, a ¥130 million increase in inventories and ¥127 million in income taxes paid. The same period of the previous year recorded a net inflow of ¥1,297 million.」
Cash flow from operating activities remained a net inflow of ¥1,167.346 million, but decreased from ¥1,297.273 million in the same period of the previous year. - FY2021Net operating cash inflow maintained, but edged downAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥1,874 million, compared with a net inflow of ¥1,913 million in the same period of the previous year.」
Cash flow from operating activities remained a net inflow, but decreased by approximately ¥39 million from the same period of the previous year. - FY2021-Q2Net operating cash inflow continuedAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥1,297 million, as inflow factors including pretax profit for the quarter of ¥279 million, ¥160 million in depreciation, ¥36 million in interest paid, a ¥1,118 million decrease in trade receivables and a ¥466 million decrease in inventories exceeded outflow factors including a ¥47 million decrease in the provision for directors’ bonuses, a ¥13 million gain on cancellation of insurance policies, a ¥168 million decrease in trade payables, ¥36 million in interest paid and ¥262 million in income taxes paid. The same period of the previous year recorded a net inflow of ¥1,280 million.」
Cash flow from operating activities increased from ¥1,280 million to ¥1,297 million, and the net inflow continued. - FY2020Net operating cash inflow increasedAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥1,913 million, as inflow factors including pretax profit for the year of ¥1,640 million, an ¥1,860 million decrease in trade receivables and a ¥130 million decrease in inventories exceeded outflow factors. The same period of the previous year recorded a net inflow of ¥694 million.」
Cash flow from operating activities increased from ¥694.58 million in the same period of the previous year to ¥1,913.56 million, resulting in a larger net inflow. - FY2020-Q2Net operating cash inflow increasedAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥1,280 million, as inflow factors including pretax profit for the quarter of ¥913 million, ¥150 million in depreciation, a ¥1,259 million decrease in trade receivables and a ¥111 million decrease in inventories exceeded outflow factors including a ¥63 million decrease in the provision for directors’ bonuses, a ¥102 million decrease in the provision for directors’ retirement benefits, a ¥37 million gain on cancellation of insurance policies, a ¥122 million decrease in trade payables, ¥39 million in interest paid and ¥354 million in income taxes paid. The same period of the previous year recorded a net inflow of ¥1,116 million.」
Net operating cash inflow increased from ¥1,116.34 million in the same period of the previous year to ¥1,280.8 million. - FY2019Changed to a net inflow for the full yearAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥694 million, as inflow factors including pretax profit for the year of ¥2,357 million, ¥297 million in depreciation, an ¥89 million increase in liabilities related to retirement benefits, ¥81 million in interest paid and a ¥31 million increase in trade payables exceeded outflow factors including a ¥1,550 million increase in trade receivables, a ¥462 million increase in inventories and ¥380 million in income taxes paid. The same period of the previous year recorded a net outflow of ¥898 million.」
Cash flow from operating activities changed from a net outflow of ¥898.58 million in the same period of the previous year to a net inflow of ¥694.58 million, resulting in a net inflow for the full year as well. - FY2019-Q2Operating cash flow turned to a net inflowAnnual report
「Cash flow from operating activities resulted in a net inflow of ¥1,116 million, as inflow factors including pretax profit for the quarter of ¥1,213 million, ¥147 million in depreciation, a ¥205 million decrease in trade receivables and a ¥163 million increase in trade payables exceeded outflow factors including a ¥472 million increase in inventories and ¥180 million in income taxes paid. The same period of the previous year recorded a net outflow of ¥455 million.」
Due mainly to a decrease in trade receivables and higher profit, cash flow from operating activities changed from a net outflow of ¥455.258 million in the same period of the previous year to a net inflow of ¥1,116.34 million. - FY2018Full-year operating cash flow resulted in a net outflowAnnual report
「Cash flow from operating activities resulted in a net outflow of ¥898 million, as outflow factors including an increase of ¥2,147 million in trade receivables, an increase of ¥837 million in inventories and ¥345 million in income taxes paid exceeded inflow factors including ¥302 million in depreciation and an increase of ¥888 million in trade payables. Pretax profit for the year was ¥1,028 million. The same period of the previous year recorded a net inflow of ¥1,128 million.」
Due mainly to increases in trade receivables and inventories, full-year cash flow from operating activities resulted in a net outflow of ¥898.584 million. - FY2018-Q3Increases in operating assets and liabilitiesAnnual report
「Current assets increased by ¥2,512 million from the end of the previous consolidated fiscal year to ¥14,946 million. Although cash and deposits declined, notes and accounts receivable, work in progress, raw materials and supplies increased. Current liabilities increased by ¥2,000 million to ¥8,104 million, due mainly to increases in notes and accounts payable, short-term borrowings and advances received.」
At the end of the third quarter, current assets increased by ¥2,512 million due to increases in trade receivables, work in progress and raw materials, while current liabilities increased by ¥2,000 million due to increases in accounts payable and short-term borrowings. No cash flow statement was prepared for the nine months ended. - FY2018-Q2First statedAnnual report
「Cash flow from operating activities resulted in a net outflow of ¥455 million, as outflow factors including an increase of ¥778 million in trade receivables, an increase of ¥371 million in inventories, and ¥166 million in income taxes paid exceeded inflow factors including ¥144 million in depreciation and an increase of ¥401 million in trade payables. Pretax profit for the quarter was ¥379 million. The same period of the previous year recorded a net inflow of ¥494 million.」
For the six months ended, cash flow from operating activities resulted in a net outflow of ¥455.258 million, due mainly to increases in trade receivables and inventories.