Operating cash outflow due to an increase in trade receivables
First written in FY2021-Q2. 3 of 8 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2025.
OUG Holdings moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 11 of 40 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The main source of funds was a ¥2,154 million decrease in trade receivables (an increase of ¥4,615 million in the same period of the previous year).」
Trade receivables changed from a source of cash outflows in the previous year to a ¥2,154 million source of funds. - FY2025-H1MitigatedAnnual report
「There was a ¥3,663 million decrease in trade receivables (an increase of ¥4,154 million in the same period of the previous year).」
Trade receivables changed from a ¥4,154 million use of funds in the same period of the previous year to a ¥3,663 million source of funds in the current period. - FY2024-Q2Increase in cash outflow due to trade receivablesAnnual report
「Cash flow from operating activities was an outflow of ¥1,221 million (compared with an outflow of ¥7,715 million in the same quarter of the previous year). This was mainly due to an increase in accounts payable of ¥5,514 million (compared with an increase of ¥1,700 million in the same quarter of the previous year), despite an increase in inventories of ¥3,622 million (compared with an increase of ¥7,604 million in the same quarter of the previous year) and an increase in trade receivables of ¥4,154 million (compared with an increase of ¥2,794 million in the same quarter of the previous year).」
The increase in trade receivables expanded from ¥2,794 million in the same period of the previous year to ¥4,154 million, intensifying the source of cash outflow from operating activities. However, total operating cash outflow decreased. - FY2023WorsenedAnnual report
「Net cash provided by operating activities was ¥682 million, compared with an operating cash outflow of ¥602 million in the same period of the previous year. The ¥1,708 million increase in trade receivables, compared with an increase of ¥663 million in the same period of the previous year, resulted in a cash outflow.」
The increase in trade receivables expanded from ¥663 million in the previous year to ¥1,708 million, becoming a source of cash outflow from operating activities. - FY2023-Q2WorsenedAnnual report
「Cash flow from operating activities was an outflow of ¥7,715 million (compared with an outflow of ¥5,145 million in the same quarter of the previous year). This was mainly due to an increase in inventories of ¥7,604 million (compared with an increase of ¥7,826 million in the same quarter of the previous year) and an increase in trade receivables of ¥2,794 million (compared with a decrease of ¥585 million in the same quarter of the previous year), despite an increase in accounts payable of ¥1,700 million (compared with an increase of ¥1,174 million in the same quarter of the previous year).」
Trade receivables changed from a source of funds in the same period of the previous year to a ¥2,794 million use of funds, increasing the operating cash outflow. - FY2022-Q2MitigatedAnnual report
「Change in trade receivables (△ indicates an increase) △1,294 585」
Trade receivables changed from a ¥1,294 million source of funds in the same quarter of the previous year to a ¥585 million use of funds in the current quarter. - FY2021Outflow factor continuedAnnual report
「Net cash provided by operating activities was ¥2,569 million, compared with ¥4,120 million in the same period of the previous year. Trade receivables increased by ¥2,282 million, compared with a decrease of ¥6,965 million in the same period of the previous year.」
The ¥2,282 million increase in trade receivables reduced cash flow from operating activities, but overall operating activities generated ¥2,569 million in cash. - FY2021-Q2First statedAnnual report
「Cash flow from operating activities was an outflow of ¥2,273 million (compared with an outflow of ¥2,788 million in the same quarter of the previous year). Although accounts payable increased by ¥1,920 million (compared with a decrease of ¥1,970 million in the same quarter of the previous year), the main factors reducing cash were an increase in trade receivables of ¥1,294 million (compared with a decrease of ¥4,846 million in the same quarter of the previous year) and an increase in inventories of ¥2,799 million (compared with an increase of ¥5,964 million in the same quarter of the previous year).」
The Company disclosed as a new cash management development that the ¥1,294 million increase in trade receivables, together with an increase in inventories, resulted in an operating cash outflow of ¥2,273 million.