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Columbia Works (TSE:146A) Accounts Receivable : 円67 Mil (As of Mar. 2024)


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What is Columbia Works Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Columbia Works's accounts receivables for the quarter that ended in Mar. 2024 was 円67 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Columbia Works's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 3.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Columbia Works's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-4,064.99.


Columbia Works Accounts Receivable Historical Data

The historical data trend for Columbia Works'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.

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Columbia Works Accounts Receivable Chart

Columbia Works Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
12.00 19.00 39.00

Columbia Works Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Accounts Receivable 12.00 19.00 28.00 39.00 67.00

Columbia Works Accounts Receivable Calculation

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


Columbia Works 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.

Columbia Works's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=67/1877*91
=3.26

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

Columbia Works's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(3321+0.75 * 67+0.5 * 22253-28048
-0-0)/3.3334
=-4,064.99

* 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.


Columbia Works Accounts Receivable Related Terms

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Columbia Works (TSE:146A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3-28-15 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Columbia Works Inc is engaged in Real estate development, Real estate leasing and management and Hotel management.

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