加賀電子_決算動画_20200525_text有_川村_英語版

11/16 Balance Sheet Main Items ②

Of the main items on the balance sheet, inventories yielded a balance of 31,908 million yen, down 8,118 million yen. Inventory turnover was 29.4 days, demonstrating a slight improvement by a little over 11 days from the 40.7-day turnover in the previous year. In terms of accounts receivable, total notes and accounts receivable were 91,371 million yen, down 10,136 million yen over the previous year. Notes and accounts payable amounted to 70,188 million yen, down 7,696 million yen. Accounts receivable turnover was 75.2 days, and accounts payable turnover was 64.6 days, showing that accounts receivable improved somewhat and accounts payable lagged somewhat.