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Kurita Water Industries (Kurita Water Industries) Accounts Receivable : $913 Mil (As of Dec. 2023)


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What is Kurita Water Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kurita Water Industries's accounts receivables for the quarter that ended in Dec. 2023 was $913 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kurita Water Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 121.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kurita Water Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.16.


Kurita Water Industries Accounts Receivable Historical Data

The historical data trend for Kurita Water Industries's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kurita Water Industries Accounts Receivable Chart

Kurita Water Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 904.20 900.68 899.23 918.32 900.01

Kurita Water Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 866.12 900.01 915.42 905.08 912.86

Kurita Water Industries Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Kurita Water Industries Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Kurita Water Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=912.86/682.81*91
=121.99

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Kurita Water Industries's accounts receivable are only considered to be worth 75% of book value:

Kurita Water Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(375.041+0.75 * 912.86+0.5 * 146.366-1474.78
-0-13.606)/112.363
=-3.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Kurita Water Industries Accounts Receivable Related Terms

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Kurita Water Industries (Kurita Water Industries) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

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