Operating cash outflows due to increases in trade receivables and inventories
First written in FY2019-Q2. 7 of 22 entries say "Worsened", first in FY2021-Q1. Latest entry: 2026-10-14.
Asahi Kagaku Kogyo moved to the "Worse" side of this theme in 2021, 4 years before the typical company in this theme (2025).
The whole theme swung hardest in 2018: 4 of 22 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- 2026-10-14ReframedEarnings
「Changes in trade receivables (a △ indicates an increase) 21,369 62,569 Changes in inventories (a △ indicates an increase) 17,104 △25,183」
Trade receivables contributed to the generation of operating funds, while inventories increased and became a use of funds, resulting in divergent movements in working capital items. - FY2026-H1MitigatedAnnual report
「Change in trade receivables (△ indicates an increase) △ 26,472 42,811 Change in inventories (△ indicates an increase) △ 112,424 9,846」
In contrast to the increase in trade receivables and inventories, which was a factor in cash outflows in the same period of the previous year, during the interim period trade receivables of ¥42,811 thousand and inventories of ¥9,846 thousand contributed to cash generated from operating activities. - FY2025-H1WorsenedAnnual report
「The main factors contributing to cash outflows were foreign exchange gains of ¥30 million, an increase in inventories of ¥112 million, interest and dividends received of ¥34 million and income taxes paid of ¥53 million.」
Inventories increased by ¥112 million, becoming a factor contributing to cash outflows from operating activities. Since the increase in inventories in the same period of the previous year was not a factor in cash outflows, the cash tied up in inventories has re-emerged. - FY2024-Q3WorsenedAnnual report
「This was mainly attributable to a ¥471 million decrease in cash and deposits, while notes and accounts receivable increased by ¥118 million, inventories by ¥54 million, property, plant and equipment by ¥62 million, investment securities by ¥139 million, and long-term deposits by ¥442 million.」
In the previous quarter, trade receivables increased while inventories decreased. In the current quarter, both notes and accounts receivable and inventories increased, while cash and deposits decreased by ¥471 million. The statement of cash flows for the third quarter was not prepared. - FY2024-Q2ReframedAnnual report
「The main factors contributing to cash outflows were interest and dividends received of ¥30 million, an increase in trade receivables of ¥41 million and income taxes paid of ¥79 million.」
Trade receivables increased by ¥41 million and became a factor contributing to the use of operating funds, while inventories decreased by ¥9 million, representing a change from the previous composition in which both trade receivables and inventories had increased. - FY2024-Q1ReframedAnnual report
「This was mainly attributable to decreases of ¥25 million in inventories and ¥38 million in other current assets, while cash and deposits increased by ¥50 million, notes and accounts receivable by ¥96 million, and property, plant and equipment by ¥75 million.」
Through the previous fiscal year, increases in both trade receivables and inventories, which could tie up operating funds, had been reported. In the current quarter, however, the composition was mixed, with notes and accounts receivable increasing by ¥96 million while inventories decreased by ¥25 million. - FY2023MitigatedAnnual report
「This was due to the recognition of ¥156 million in profit before income taxes, ¥262 million in depreciation and amortization, ¥128 million in impairment losses, ¥262 million in the decrease in trade receivables, ¥267 million in the decrease in inventories and ¥138 million in the decrease in other current assets.」
Trade receivables decreased by ¥262 million and inventories by ¥267 million, becoming factors contributing to cash generated from operating activities. A full-year reversal of the cash tied up by increases in the previous year was confirmed. - FY2023-Q3MitigatedAnnual report
「Total assets decreased by ¥459 million from the end of the previous consolidated fiscal year to ¥6,387 million, down 6.7% from the end of the previous consolidated fiscal year. This was mainly due to decreases of ¥115 million in notes and accounts receivable, ¥271 million in inventories, ¥133 million in other current assets and ¥417 million in long-term deposits, despite a ¥453 million increase in cash and deposits.」
Notes and accounts receivable decreased by ¥115 million and inventories by ¥271 million, reversing the increase in assets that could tie up operating funds reported through the previous fiscal year. - FY2023-Q2MitigatedAnnual report
「The main sources of cash were profit before income taxes of ¥183 million, depreciation of ¥123 million, a decrease in inventories of ¥169 million and a decrease in trade receivables of ¥177 million. The main use of cash was a decrease in accounts payable of ¥168 million and income taxes paid of ¥85 million.」
Trade receivables and inventories, which had increased in the same period of the previous year, decreased by ¥177 million and ¥169 million, respectively, in the current quarter and became sources of cash from operating activities. - FY2023-Q1ReframedAnnual report
「Total assets increased by ¥264 million from the end of the previous consolidated fiscal year to ¥7.110 billion, up 3.9% from the end of the previous consolidated fiscal year. This was mainly because inventories decreased by ¥122 million and long-term deposits by ¥204 million, while cash and deposits increased by ¥588 million.」
The explanation changed from operating cash outflow caused by increases in trade receivables and inventories, which had continued through the previous fiscal year, to a composition in which inventories decreased by ¥122 million and cash and deposits increased by ¥588 million in the current quarter. - FY2022-Q3ReframedAnnual report
「This was mainly attributable to decreases of ¥69 million in notes and accounts receivable and ¥147 million in long-term deposits, while cash and deposits increased by ¥76 million, inventories by ¥117 million, other current assets by ¥104 million, and property, plant and equipment by ¥257 million.」
Increases in both trade receivables and inventories had been reported through the previous quarter, but in the current quarter trade receivables decreased by ¥69 million while inventories increased by ¥117 million. - FY2022-Q2ReframedAnnual report
「Cash provided by operating activities amounted to ¥86 million. The main sources of cash were profit before income taxes of ¥390 million, an increase in accounts payable of ¥189 million and depreciation of ¥116 million. The main uses of cash were an increase in trade receivables of ¥172 million, an increase in inventories of ¥177 million, income taxes paid of ¥167 million, a decrease in consumption taxes payable and other items of ¥44 million, and a decrease in other current liabilities of ¥31 million.」
Cash outflow due to the increase in trade receivables narrowed from ¥386 million in the same period of the previous year to ¥172 million, while cash use due to the increase in inventories expanded from ¥115 million to ¥177 million. - FY2022-Q1WorsenedAnnual report
「Total assets increased by ¥307 million from the end of the previous consolidated fiscal year to ¥6.743 billion, up 4.8% from the end of the previous consolidated fiscal year. This was mainly because cash and deposits increased by ¥33 million, notes and accounts receivable by ¥68 million and inventories by ¥204 million, while investment securities decreased by ¥27 million.」
Notes and accounts receivable increased by ¥68 million and inventories by ¥204 million, and assets that can tie up operating cash continued to increase. - FY2021WorsenedAnnual report
「This was mainly because increases of ¥269 million in trade receivables, ¥140 million in inventories and ¥158 million in income taxes paid were recorded, while profit before income taxes of ¥764 million, depreciation of ¥216 million and an increase in accounts payable of ¥345 million were also recorded.」
For cash flow from operating activities, increases of ¥269 million in trade receivables and ¥140 million in inventories were cited as factors tying up cash. The trend changed from a decrease in trade receivables in the previous fiscal year to an increase. - FY2021-Q3WorsenedAnnual report
「This was mainly because cash and deposits decreased by ¥230 million, while notes and accounts receivable increased by ¥356 million, inventories increased by ¥130 million and long-term deposits increased by ¥547 million.」
Notes and accounts receivable increased by ¥356 million and inventories by ¥130 million, and the disclosure continued to cite increases in assets that can tie up operating cash, as in the previous cumulative quarter. - FY2021-Q2WorsenedAnnual report
「The main uses of cash were an increase in trade receivables of ¥386 million, an increase in inventories of ¥115 million and income taxes paid of ¥72 million.」
For cash flow from operating activities, increases of ¥386 million in trade receivables and ¥115 million in inventories were factors contributing to cash use. As in the previous cumulative quarter, the disclosure cited increases in assets that can tie up operating cash, and both increases exceeded those in the previous quarter, when trade receivables rose by ¥361 million and inventories by ¥73 million. - FY2021-Q1WorsenedAnnual report
「This was mainly because cash and deposits increased by ¥50 million, notes and accounts receivable increased by ¥361 million, inventories increased by ¥73 million, and long-term deposits increased by ¥98 million.」
Notes and accounts receivable increased by ¥361 million and inventories by ¥73 million. The trend changed from the decrease in trade receivables seen in the previous quarter to increases in trade receivables and inventories, which can tie up operating cash. - FY2020-Q3MitigatedAnnual report
「This was mainly because cash and deposits decreased by ¥70 million, notes and accounts receivable decreased by ¥306 million, and long-term deposits decreased by ¥99 million.」
Notes and accounts receivable decreased by ¥306 million from the end of the previous consolidated fiscal year, reversing the increase in trade receivables reported through the previous quarter. - FY2020-Q2RestatedAnnual report
「The main uses of cash were an increase in trade receivables of ¥129 million, income taxes paid of ¥54 million and an increase in inventories of ¥47 million.」
Increases in trade receivables of ¥129 million and inventories of ¥47 million continue to be cited as the main factors behind cash used in operating activities. - FY2020-Q1RestatedAnnual report
「Total assets decreased by ¥3 million from the end of the previous consolidated fiscal year to ¥5.207 billion, down 0.1% from the end of the previous consolidated fiscal year. This was mainly because notes and accounts receivable increased by ¥155 million, while cash and deposits decreased by ¥87 million and long-term deposits decreased by ¥69 million.」
Notes and accounts receivable also increased by ¥155 million at the end of the first quarter of the current fiscal year, and this was cited as a factor in the change in assets together with decreases in cash and deposits and other items. - FY2019RestatedAnnual report
「This was mainly because a loss before income taxes of ¥163 million, an increase in trade receivables of ¥124 million and income taxes paid of ¥116 million were recorded, while impairment losses of ¥363 million and depreciation of ¥247 million were also recorded.」
For the current fiscal year's operating cash flow, the ¥124 million increase in trade receivables was cited as a cash use factor. Non-cash expenses, including impairment losses and depreciation, resulted in ¥203 million of cash being provided by operating activities overall. - FY2019-Q2First statedAnnual report
「The main uses of cash were an increase in trade receivables of ¥207 million and an increase in inventories of ¥88 million.」
For cash flow from operating activities during the six-month period of the current fiscal year, increases in trade receivables and inventories were cited as factors contributing to cash use.