GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Japan Wool Textile Co Ltd (TSE:3201) » Definitions » Accounts Receivable

Japan Wool Textile Co (TSE:3201) Accounts Receivable : 円24,456 Mil (As of Feb. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Japan Wool Textile Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Japan Wool Textile Co's accounts receivables for the quarter that ended in Feb. 2024 was 円24,456 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Japan Wool Textile Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 89.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Japan Wool Textile Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円240.61.


Japan Wool Textile Co Accounts Receivable Historical Data

The historical data trend for Japan Wool Textile 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.

Japan Wool Textile Co Accounts Receivable Chart

Japan Wool Textile Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,167.00 22,549.00 25,400.00 25,032.00 27,191.00

Japan Wool Textile Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 23,149.00 21,789.00 21,385.00 27,191.00 24,456.00

Japan Wool Textile Co Accounts Receivable Calculation

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


Japan Wool Textile 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.

Japan Wool Textile Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=24456/24801*91
=89.98

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

Japan Wool Textile Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(34655+0.75 * 24456+0.5 * 28734-49811
-0-971)/68.9178
=240.61

* 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.


Japan Wool Textile Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Japan Wool Textile Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Wool Textile Co (TSE:3201) Business Description

Traded in Other Exchanges
N/A
Address
3-3-10 Kawara-machi, Chuo-ku, Osaka, JPN, 541-0048
Japan Wool Textile Co Ltd is a Japanese fabrics and clothing manufacturer. The company operates through four segments. The clothing textiles segment generates the most revenue through provision of yarns, treads, uniforms, fashion materials, and fire-resistant clothes. The human and future development segment, which is almost as large at the textiles division, provides nursing care facilities, shopping centres, sports centres and plazas. The industrial equipment segment develops, manufactures and sells industrial machinery as well as electronic devices and energy related systems, and wholesales of materials such as wool, synthetic fibres, strings carpets. The lifestyle distribution segment provides bedding products, ballroom dance dresses, sundries, harnesses, and equestrian products.

Japan Wool Textile Co (TSE:3201) Headlines

No Headlines