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Ezaki Glico Co (TSE:2206) Accounts Receivable : 円46,414 Mil (As of Mar. 2024)


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What is Ezaki Glico Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ezaki Glico Co's accounts receivables for the quarter that ended in Mar. 2024 was 円46,414 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ezaki Glico Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ezaki Glico Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円331.01.


Ezaki Glico Co Accounts Receivable Historical Data

The historical data trend for Ezaki Glico 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.

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Ezaki Glico Co Accounts Receivable Chart

Ezaki Glico Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,128.00 43,520.00 42,898.00 45,372.00 48,433.00

Ezaki Glico 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 36,999.00 42,146.00 51,816.00 48,433.00 46,414.00

Ezaki Glico Co Accounts Receivable Calculation

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


Ezaki Glico 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.

Ezaki Glico Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=46414/78986*91
=53.62

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

Ezaki Glico Co'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)
=(58515+0.75 * 46414+0.5 * 35497-89460
-0-565)/63.5898
=331.01

* 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.


Ezaki Glico Co Accounts Receivable Related Terms

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Ezaki Glico Co (TSE:2206) Business Description

Traded in Other Exchanges
Address
6-5, Utajima, 4-chome, Nishiyodogawa-ku, Osaka, JPN, 555-8502
Ezaki Glico Co Ltd is a Japanese food company. The reportable segments of the company are, 1) Health and Food Business includes the production and sales of health-related products, retort-packed food and others; 2) Dairy Food Business includes the production and sales of dairy products, western-style fresh confectioneries, ice cream and others; 3) Nutritional Confectionery Business includes the production and sales of chocolate, cookies and others; 4) Food Ingredients Business: includes the production and sales of wheat protein, starch, food colouring and others; 5) Other Domestic Business includes directly managed stores business, Office Glico business and others and 6) Overseas Business includes the production and sales of chocolate, cookies and others overseas.

Ezaki Glico Co (TSE:2206) Headlines

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