Impact of an Increase in Inventories on Operating Cash Flow
First written in FY2021-Q2. 4 of 7 entries say "Reframed", first in FY2022. Latest entry: FY2026-H1.
Altech 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: 38 of 140 companies on the "Worse" side.
4 other companies' latest entry also says "Reframed".
- FY2026-H1ReframedAnnual report
「This was due to an increase in inventories of ¥346 million, among other factors, despite interim net income before income taxes of ¥299 million, an adjustment for depreciation, a non-cash item, of ¥287 million, and a decrease in trade receivables of ¥1,337 million, among other factors.」
Whereas a decrease in inventories contributed to operating cash flow in the interim period of the previous fiscal year, the ¥346 million increase in inventories in the interim period under review was described as a factor reducing cash flow. - FY2024-Q2ReframedAnnual report
「This was due to a decrease in inventories of ¥547 million, among other factors.」
The situation changed from an increase in inventories reducing cash flow in the previous consolidated fiscal year to a ¥547 million decrease in inventories contributing to operating cash flow in the second quarter under review. - FY2023RestatedAnnual report
「This was due to an increase in inventories of ¥575 million and a decrease in advances received of ¥573 million, among other factors.」
The increase in inventories continues to be a factor reducing cash flow from operating activities. - FY2023-Q2ReframedAnnual report
「Despite an increase in inventories of ¥1,572 million, among other factors」
Whereas a decrease in inventories was described as a factor contributing to operating cash flow in the previous fiscal year, inventories increased by ¥1,572 million in the quarter under review, becoming a factor reducing cash flow. - FY2022ReframedAnnual report
「This was due to a decrease in inventories of ¥505 million, among other factors.」
The situation changed from an increase in inventories reducing operating cash flow in the previous fiscal year to a decrease in inventories contributing to operating cash flow in the fiscal year under review. - FY2021AdvancedAnnual report
「This was due to an increase in inventories of ¥766 million and an increase in advances paid of ¥251 million, among other factors, despite an increase in advances received of ¥814 million, among other factors.」
The specific impact of the ¥766 million increase in inventories, among other factors, on operating cash flow of ¥1,132 million for the period is described. - FY2021-Q2First statedAnnual report
「This was mainly due to adjustments for non-cash items, including quarterly net income before income taxes of ¥382 million and depreciation of ¥284 million, as well as an increase in inventories of ¥2,089 million and a decrease in accrued expenses of ¥172 million, despite a decrease in advances paid of ¥246 million and an increase in advances received of ¥2,041 million, among other factors.」
The specific factors contributing to operating cash flow of ¥823 million included the ¥2,089 million increase in inventories.