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Tohoku Electric Power Co (Tohoku Electric Power Co) Accounts Receivable : $1,823 Mil (As of Dec. 2023)


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What is Tohoku Electric Power Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tohoku Electric Power Co's accounts receivables for the quarter that ended in Dec. 2023 was $1,823 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tohoku Electric Power Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 35.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tohoku Electric Power Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-53.33.


Tohoku Electric Power Co Accounts Receivable Historical Data

The historical data trend for Tohoku Electric Power Co'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.

Tohoku Electric Power Co Accounts Receivable Chart

Tohoku Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,086.51 2,486.37 1,956.25 1,971.94 1,754.80

Tohoku Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,971.94 1,551.30 1,758.15 1,822.73 1,754.80

Tohoku Electric Power Co Accounts Receivable Calculation

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


Tohoku Electric Power Co 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.

Tohoku Electric Power Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1822.734/4642.819*91
=35.82

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

Tohoku Electric Power Co'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)
=(3158.718+0.75 * 1822.734+0.5 * 884.426-31076.902
-0-555.981)/500.012
=-53.33

* 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.


Tohoku Electric Power Co Accounts Receivable Related Terms

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Tohoku Electric Power Co (Tohoku Electric Power Co) Business Description

Traded in Other Exchanges
Address
1-7-1 Honcho, Aoba-ku, Miyagi, Sendai, JPN, 980-8550
Tohoku Electric Power Co Inc is an electric utility company operating in and serving the Tohoku region of the Japanese archipelago. The country separates its activities into Electric power, Construction, and Other business segments. Almost all of the company's revenue comes from its Electric power business in the form of electricity sales. Tohoku Electric produces power through its portfolio of facilities utilizing nuclear, liquefied natural gas, coal, oil, hydro, geothermal, solar, and wind fuel sources. Most of the company's energy production comes from its thermal, non-renewable sites, which it then transmits and distributes to mainly residential customers. Tohoku Electric Power produces sizable amounts of Japan's total geothermal and wind energy output, as well.

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